Another month and another jump in the price of a home in the Buffalo market.
The August snapshot of the residential real estate market showed a dougle-digit jump in the median sale cost and an even larger double-digit drop in sales.
The Buffalo Niagara Association of Realtors reported the median price of a single-family property rose 10.3 percent to $171,250 from $155,300 in the past year. Average sale prices increased 8.2 percent to $204,342 from $188,934 in the same period.
