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Average Home Sale Price in Buffalo, N.Y., Area Hits All-Time High.
Byline: Lisa Haarlander
Jul. 23--Buffalo Niagara home sale prices hit an all-time high in June.
The average price of a home sold last month was $105,180, beating the previous record of $104,870 set in December 1994, according to the Buffalo Niagara Association of Realtors. The news comes on the heels of May, when the average home sale price was at a seven-year high.
"This builds equity for people," said A. Bruce Wilson, the association's executive director. "Whether they want to sell or not."
As in May, sales of three- and four-bedroom homes are driving prices higher and setting new records. The average sale price of a four-bedroom home …
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