Buffalo, NY - January 2011 - New Home Sales Swing to a Decline
Posted on: Apr 12, 2011 04:58:33 PM
Sales of new homes dropped in January in the Buffalo, NY market, dropping after an increase in January 2010. New home sales moved from 39 a year earlier to 10 after being 29 in January 2009. New home sales were 10 of 96 total sales, up on a percentage basis from 39 of 993 a year earlier.
Average Price of New Homes Gained in January 2011
The average new home price was $203,200, up from $188,031 a year earlier after the price was $136,479 in January 2009.
Average Mortgage Size Climbed in January 2011