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Saturday, December 28, 2024

Grand Island home prices fall in May 2017

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The median sale price of a home sold in May 2017 in Grand Island fell by $32,788 while total sales increased by 33.3%, according to BlockShopper.com.

In May 2017, there were 28 homes sold, with a median sale price of $145,212 - a 18.4% decrease over the $178,000 median sale price for the same period of the previous year. There were 21 homes sold in Grand Island in May 2016.

The following table compares Grand Island to other Erie County cities with similar median sales prices in May 2017:

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
North Boston330%$183,500$167,0009.9%
Colden56-16.7%$180,000$132,50035.8%
Chaffee220%$172,850$52,500229.2%
Alden67-14.3%$166,000$150,00010.7%
Hamburg67644.7%$160,000$156,0002.6%
Grand Island282133.3%$145,212.32$178,000-18.4%
Marilla5366.7%$143,333$222,000-35.4%
Kenmore281947.4%$134,398.50$120,00012%
West Seneca4658-20.7%$133,000$144,750-8.1%
Eden510-50%$130,000$96,20035.1%
Tonawanda1171088.3%$125,000$110,75012.9%

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