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Thursday, September 19, 2024

Lake Erie Beach home prices rise in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Lake Erie Beach rose by $92,250 while total sales decreased by 87.5%, according to BlockShopper.com.

From January through June of 2018, there were three homes sold, with a median sale price of $150,000 - a 159.7% increase over the $57,750 median sale price for the same period of the previous year. There were 24 homes sold in Lake Erie Beach in the first half of 2017.

The following table compares Lake Erie Beach to other Erie County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Alden526-80.8%$175,000$147,00019%
Williamsville744-84.1%$173,000$203,900-15.2%
Lancaster26199-86.9%$171,022$167,0002.4%
Hamburg47360-86.9%$160,000$151,6505.5%
Eden446-91.3%$153,750$146,5004.9%
Lake Erie Beach324-87.5%$150,000$57,750159.7%
Marilla216-87.5%$147,750$192,625-23.3%
West Seneca37273-86.4%$145,000$140,0003.6%
Newstead119-94.7%$143,000$185,000-22.7%
Depew21107-80.4%$130,000$117,60010.5%
Tonawanda106578-81.7%$127,750$121,676.545%

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