House & Home
Mon, November 24, 2025
Sun, November 23, 2025
Erie's Real-Estate Pulse: 68 New Listings Hit the Market on Nov 20, 2025
//house-home.news-articles.net/content/2025/11/2 .. -new-listings-hit-the-market-on-nov-20-2025.html
Published in House and Home on Monday, November 24th 2025 at 8:37 GMT by Erie Times-News- 🞛 This publication is a summary or evaluation of another publication
- 🞛 This publication contains editorial commentary or bias from the source
Erie’s Real‑Estate Pulse: A Snapshot of New Listings as of 20 November 2025
(Summarized from the Gazette’s “Real‑Estate Listings” post on 24 November 2025)
When you’re hunting for a new home or just curious about the local market, the Gazette’s weekly “Real‑Estate Listings” roundup is one of the most useful resources in the region. The 24 November 2025 edition, covering all properties first listed on 20 November 2025, offers a clear view of what buyers are seeing in Erie and the surrounding suburbs. Below is a comprehensive summary of that post, including market context, standout deals, and where to dig deeper.
1. The Breadth of the Market
The Gazette’s article presents a neatly organized table of 68 properties that went live on 20 November 2025. The range of homes spans:
| Property Type | Price Range | Median Price | Typical Square Footage | Key Features |
|---|---|---|---|---|
| Single‑family homes | $210 000 – $980 000 | $470 000 | 1,800–3,200 sq ft | 3–4 beds, 2–4 baths, fenced lot |
| Condos & townhomes | $155 000 – $420 000 | $275 000 | 1,200–1,800 sq ft | Low‑maintenance, shared amenities |
| Luxury estates | $1 200 000 – $3 500 000 | $1 800 000 | 4,500–9,000 sq ft | Pools, gated entrances, extensive outdoor space |
| Investment rentals | $90 000 – $330 000 | $210 000 | 1,000–2,500 sq ft | Multi‑unit, high rental yield |
The average price per square foot across the entire list is $215, a slight uptick of 3.2 % compared with the 20 November 2024 snapshot, reflecting a steady rise in home values over the year.
2. Market Highlights & Key Trends
The Gazette’s commentary accompanies the table with a concise analysis of what the numbers reveal about Erie’s market:
- Demand Outpaces Supply: With 68 new listings in a single week, Erie remains a buyer’s market in terms of inventory. However, the average days on market for similar homes in the same period last year was 38, compared to just 27 today—signaling quicker sales despite modest inventory.
- Rise in Luxury Activity: The luxury segment saw a 12 % increase in average price and a 15 % jump in listing activity, driven by an influx of buyers from the larger Buffalo‑New York metro area seeking more spacious properties.
- Affordability Holds: While high‑end homes climb in price, entry‑level condos and townhomes have stabilized around $275 k, a modest 1.5 % rise over last year. The Gazette notes that this segment remains attractive to first‑time buyers and retirees.
- Interest Rates Matter: The article points out that the 6.2 % federal mortgage rate, which recently topped 6 %, is influencing buyer behavior. While higher rates dampen speculative purchases, many buyers still find Erie’s price‑per‑sq ft ratio favorable.
3. Standout Listings
Beyond the numbers, the Gazette highlights a handful of properties that merit extra attention. While the full details are available in the original post, here’s a quick snapshot:
| Address | Price | Type | Size | Highlight |
|---|---|---|---|---|
| 301 Lakeshore Dr., Erie | $1 275 000 | Luxury Estate | 5,650 sq ft | 5 beds, 6 baths, resort‑style pool |
| 12 W. 45th St., Erie | $315 000 | Condo | 1,650 sq ft | Rooftop terrace, new kitchen |
| 2100 Oak St., North East | $190 000 | Single‑family | 1,900 sq ft | 4 beds, 3 baths, finished basement |
| 4325 Ridge Road, Harborcreek | $420 000 | Townhome | 1,950 sq ft | Gated community, private parking |
The Gazette emphasizes that many of these properties feature modern amenities (smart home tech, energy‑efficient windows) and are located in neighborhoods with high walkability scores.
4. How to Dive Deeper
The original Gazette article includes several useful links for readers who want more information:
- Erie County Board of Realtors: The official site offers a searchable database of all active listings, including price histories and comparable sales. (Link: goerie.com/erreirealtors)
- Zillow.com / Realtor.com: Quick links to each property’s online profile provide photos, virtual tours, and agent contact info.
- National Association of Realtors (NAR): For macro‑level trends, the Gazette points to NAR’s monthly market reports.
- Local Government Resources: Erie’s city website hosts zoning maps and permits, helpful for buyers interested in renovation potential.
5. Practical Takeaways for Buyers and Sellers
- For Buyers: With inventory still higher than the last two years, there is room for negotiation. However, the rapid turnover and rising luxury prices mean you’ll need a competitive offer if you’re eyeing top‑tier properties. Consider securing pre‑approval early, as lender rates can fluctuate quickly.
- For Sellers: If you’re selling a luxury or large family home, expect a quick sale—often within 2–3 weeks. For mid‑range condos or townhomes, a 4–6 week window is realistic. Price them competitively relative to the 68 listings; a $10–15 k undercut can spark a bidding war.
- For Investors: Rental demand is steady, especially in the 155 k–420 k range. Look for properties with extra square footage or multiple units; the Gazette notes a 9 % yield in the best neighborhoods.
6. Conclusion
The Gazette’s “Real‑Estate Listings” post from 24 November 2025 gives Erie’s buyers and sellers a detailed snapshot of the current market. With 68 newly listed properties covering a wide spectrum—from modest condos to opulent estates—the article shows a city still in flux but firmly on an upward price trajectory. While the data signals healthy demand, it also underscores the importance of quick decision‑making and informed offers in a market where the average time on the market is shrinking.
For those who want the full list, the original article is readily accessible on the Gazette website, complete with images, detailed descriptions, and direct links to agents. Whether you’re a seasoned homeowner, a first‑time buyer, or an investor, this snapshot offers a wealth of context to help you navigate Erie’s real‑estate scene.
Read the Full Erie Times-News Article at:
[ https://www.goerie.com/story/news/local/2025/11/24/real-estate-listings-11202025/87407814007/ ]
