It may be hard to top 2025 when it comes to the number of Erie County homes that sold for north of $1 million.<\/p>\n
But, it is entirely possible.<\/p>\n
“There’s no reason to think that 2026 will be even better,” said Carolyn Hoyt-Stevens with Gurney Becker & Bourne.<\/p>\n
Put it this way: In 2025, there were 105 private residences in Erie County that sold for more than $1 million and that came out to one $1 million home sale slightly more than once every 3 days.<\/p>\n
And, the number of $1 million home sales in Erie County rose 26.5% between 2024 and 2025. In 2024, there 83 homes that went above the $1 million threshold.<\/p>\n
“I could see it continuing to grow,” said Hoyt-Stevens.<\/p>\n
This year is already off to a good start.<\/p>\n
In the first two weeks of the year four suburban homes have sold for more than $1 million including two in Orchard Park and one each in Amherst and Clarence.<\/p>\n
The Amherst house – patio home in Marrano\/Marc Equity’s Greythorne Estates sold for $1.2 million – or 9.5% more than what it went for in October 2024.<\/p>\n
Why is the sale of a $1 million-plus home such a benchmark?<\/p>\n
Within the Buffalo Niagara residential real estate industry, $1 million remains a key economic indicator.<\/p>\n
“It matters,” Hoyt-Stevens said.<\/p>\n
The million home sales were spread around the county. Clarence reported 30 such sales, according to Erie County Clerk’s Office data.<\/p>\n
Buffalo had 21 and Orchard Park reported 17 $1 million-plus home sales.<\/p>\n
Buffalo had the largest single residential deal when a Tudor Place estate went for $3.5 million.<\/p>\n
“In Buffalo, you are often times buying a house with history and unique architecture,” Hoyt-Stevens said.<\/p>\n
“In the suburbs, you are often times buying a new build or a newer house that comes with a lot of acreage,” Hoyt-Stevens said. “There is a strong market for both.”<\/p>\n
The buyers?<\/p>\n
They run the gamut from local residents looking to move up to out-of-towners relocating to the region.<\/p>\n
“If you are coming from Boston or Washington, you can’t believe how much house you can buy in Buffalo,” Hoyt-Stevens said.<\/p>\n","protected":false},"excerpt":{"rendered":"It may be hard to top 2025 when it comes to the number of Erie County homes that…\n","protected":false},"author":2,"featured_media":87327,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[136,138,137],"class_list":{"0":"post-87326","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-erie","8":"tag-erie","9":"tag-erie-headlines","10":"tag-erie-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/87326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=87326"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/87326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/87327"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=87326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=87326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=87326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}