Lewiston NY real estate market updateReal estate sales in Lewiston, NY continue on a steady path due to low inventory.  There were nineteen homes sold in January and February of this year.  The average sale price was $266,393.  The total volume was $1,951,000.  Market ready homes are still selling quickly with seven of the nineteen homes selling in less than thirty days.  Another five homes sold between thirty one and sixty days, five more were sold between sixty one and ninety days and one home was sold between ninety one and one hundred twenty days.  The majority of homes sold in this two month period were three bedroom homes totally eleven.  Another eight homes were four bedroom homes.

Of the total sales, four were cash sales, thirteen were purchased using convention financing and two were sold using alternate financing which is typically either an FHA or VA insured mortgage.  As always, we have our fingers on the pulse of real estate in Western New York.  Stop by our website and start your search for a new home by visiting www.greatlakesrealestate.com/search-page or visit our map search page for a rich experience at www.greatlakesrealestate.com/map-search.  If you have any questions or would like to speak with one of our professional agents feel free to contact us any time at 716-754-2550.