From January through March of 2017, there were seven homes sold, with a median sale price of $279,000 - a 57.2% increase over the $177,450 median sale price for the same period of the previous year. There were 12 homes sold in Newstead in the first quarter of 2016.
The following table compares Newstead to other Erie County cities with similar median sales prices in the first quarter of 2017:
| City | Jan. - Mar. 2017 Home Sales | Jan. - Mar. 2016 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2017 Median Sales Price | Jan. - Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Newstead | 7 | 12 | -41.7% | $279,000 | $177,450 | 57.2% |
| Harris Hill | 14 | 13 | 7.7% | $278,875 | $165,000 | 69% |
| Billington Heights | 5 | 6 | -16.7% | $257,500 | $178,000 | 44.7% |
| Clarence Center | 23 | 40 | -42.5% | $242,000 | $275,625 | -12.2% |
| East Aurora | 13 | 25 | -48% | $220,000 | $178,000 | 23.6% |
| Boston | 14 | 22 | -36.4% | $218,750 | $174,000 | 25.7% |
| East Amherst | 7 | 14 | -50% | $208,000 | $225,825 | -7.9% |
| Wales | 8 | 11 | -27.3% | $205,000 | $120,000 | 70.8% |
| Orchard Park | 57 | 72 | -20.8% | $205,000 | $218,500 | -6.2% |
| Grand Island | 49 | 63 | -22.2% | $184,000 | $169,000 | 8.9% |
| Town Line | 5 | 1 | 400% | $180,000 | $115,000 | 56.5% |
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