Property prices for sale in Buffalo (New York)

The prices in real estate in Buffalo, in the New York region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$245,212.83
Average price last 6 months
$134.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Buffalo has increased during the last 6 months. In November, the average price per sq.feet was $127. In the following month the price per sq.feet increased to $146. In the following two months the price per sq.feet has barely changed, going from $136.5 to $138.5 per sq.feet. The price per sq.feet has decreased 94 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $137.5 to $129.5 during March, and April.

Average price

Based upon to the price in Buffalo (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $222,706. During December the price went through a considerable rise reaching $284,890. In the following two months the average price has remained the same with regard to the previous two months from $253,798 to $248,817. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $251,307.5 to $233,023.5 in March and April.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $234,989 they are 20 % more affordable than the average price for Buffalo. The properties with the highest average price have 3 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 2 bedrooms priced at $249,717.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $128 / sq.feet, with an average $132 / sq.feet price in Buffalo. The properties with the highest average prices have 2 bedrooms. They are 39 % more expensive than the average followed by properties with 1 bedroom with a price at $171 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $234,989 it is 18 % cheaper than the average price in Buffalo. "Land" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $212,645 it is 61 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $78 / sq.feet followed by "House" priced at $110 / sq.feet. "Condo" is the most costly type of property with a $211 / sq.feet cost followed by "Land" with an average price of $117 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Buffalo
Number of properties used in region New York
$234,989
$132
5,004
486,066
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value