The New York State median sales price grew by 5.1% in the first quarter of 2014 compared to that quarter a year ago. This continues an upward trend, according to a report released by the NYS Association of REALTORS, including the fact that sales dropped 1.8% compared to the start of 2013.

Due to this continued shortage of homes while WNY struggles to move out of a long, bitter winter, it is critical to understand how to compete in what in many cases are multiple offer situations on your prospect home.