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Monday, December 23, 2024

Lancaster home prices rise in the first quarter of 2018

Realestate4

The median sale price of a home sold in the first quarter of 2018 in Lancaster rose by $12,793 while total sales decreased by 65.8%, according to BlockShopper.com.

From January through March of 2018, there were 26 homes sold, with a median sale price of $171,022 - a 8.1% increase over the $158,229 median sale price for the same period of the previous year. There were 76 homes sold in Lancaster in the first quarter of 2017.

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

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Amherst150250-40%$202,046$179,00012.9%
Boston214-85.7%$180,000$218,750-17.7%
Chaffee13-66.7%$180,000$120,00050%
Alden510-50%$175,000$137,50027.3%
Williamsville722-68.2%$173,000$170,0001.8%
Lancaster2676-65.8%$171,022$158,2298.1%
Hamburg47154-69.5%$160,000$149,9506.7%
Eden415-73.3%$153,750$150,0002.5%
Lake Erie Beach39-66.7%$150,000$115,196.6630.2%
Marilla24-50%$147,750$170,000-13.1%
West Seneca37114-67.5%$145,000$140,5003.2%

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