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Sunday, December 22, 2024

Boston home prices fall 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 Boston fell by $17,500 while total sales decreased by 92.9%, according to BlockShopper.com.

From January through June of 2018, there were two homes sold, with a median sale price of $180,000 - a 8.9% decrease over the $197,500 median sale price for the same period of the previous year. There were 28 homes sold in Boston in the first half of 2017.

The following table compares Boston 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)
Orchard Park26182-85.7%$221,375$240,750-8%
Elma Center829-72.4%$210,000$199,9005.1%
North Boston17-85.7%$208,000$183,50013.4%
Harris Hill433-87.9%$206,750$200,0003.4%
Amherst150611-75.5%$202,046$195,0003.6%
Boston228-92.9%$180,000$197,500-8.9%
Chaffee17-85.7%$180,000$130,00038.5%
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%

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