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Empire State Today

Monday, December 23, 2024

Gowanda home prices fall in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Gowanda fell by $14,430 while total sales increased by 150%, according to BlockShopper.com.

From July through December of 2017, there were five homes sold, with a median sale price of $56,000 - a 20.5% decrease over the $70,430 median sale price for the same period of the previous year. There were two homes sold in Gowanda in the second half of 2016.

The following table compares Gowanda to other Erie County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Evans66618.2%$109,500$100,0009.5%
North Collins2611136.4%$108,000$90,00020%
Chaffee1213-7.7%$107,186.49$141,750-24.4%
Angola201625%$102,500$85,00020.6%
Lackawanna90125-28%$99,950$80,00024.9%
Lake Erie Beach40392.6%$96,500$104,994-8.1%
Collins1014-28.6%$84,850$128,000-33.7%
Sloan474211.9%$82,000$72,55013%
East Concord31200%$79,000$203,000-61.1%
Brant511-54.5%$65,100$180,000-63.8%
Gowanda52150%$56,000$70,430-20.5%

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