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Monday, January 13, 2025

Elma Center home prices fall in the first quarter of 2017

Realestate1

The median sale price of a home sold in the first quarter of 2017 in Elma Center fell by $17,271 while total sales decreased by 56%, according to BlockShopper.com.

From January through March of 2017, there were 11 homes sold, with a median sale price of $172,729 - a 9.1% decrease over the $190,000 median sale price for the same period of the previous year. There were 25 homes sold in Elma Center in the first quarter of 2016.

The following table compares Elma Center to other Erie County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Wales811-27.3%$205,000$120,00070.8%
Orchard Park5772-20.8%$205,000$218,500-6.2%
Grand Island4963-22.2%$184,000$169,0008.9%
Town Line51400%$180,000$115,00056.5%
Amherst250312-19.9%$179,000$163,7509.3%
Elma Center1125-56%$172,729$190,000-9.1%
Holland89-11.1%$170,097.63$169,5000.4%
Williamsville2231-29%$170,000$187,000-9.1%
Marilla47-42.9%$170,000$150,50013%
Lancaster76742.7%$158,229$159,350-0.7%
Eden151050%$150,000$135,25010.9%

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