John Connolly New data from the local Realtors' group confirms what most WNY real estate professionals have been saying for months: sales are down but prices are stable. According to the Buffalo Niagara Association of Realltors,  861 transactions closed in June, which was down 38 percent from a year earlier. We've been saying for months that we overstimulated the market with the federal tax credits that were offered in 2009 and 2010. It was the fourth straight month of decline, leaving home sales for the year at the lowest level since 1996. The average price was $140,095, up 1 percent from a year earlier. The median price, however, fell 1 percent to $118,000. In addition, the market is oversaturated with 6,604 active listings, the Realtors' group said. We are seeing homes that we think will sell quickly sit on the market while those we think will take three months or longer or moving sooner. There appears to be no rhyme or reason other than there is a lot of economic uncertainty holding buyers back.

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