Residential housing activity declines — except for prices

The activity overview for the Buffalo residential real estate market shows a decline in eight of 10 metrics. The exceptions are good news for sellers — average and median prices, which again increased, and faster sales.

Figures provided by the Buffalo Niagara Association of Realtors for April put the average sale price of a single-family house at $163,998, up 10.9 percent from $147,896 a year ago. Median prices climbed to $135,000, an 8 percent increase from $125,000 a year ago.

BNAR offered…

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