Welcome, November! It’s the first Saturday of the month which means it’s time to take a look at the Greece New York Housing Stats for October 2017. Making a move in Late fall is an excellent choice so you can be in your home and ready for the new year. Let’s take a look:
In the last 30 days, 254 properties were listed with an average sale price of 142K. We had a slight Decrease in the number of properties and increase in average sale price from the number listed in September. Trends are showing that we are headed toward a more balanced market.
Of homes listed in the month of October: 198 have already gone under contract with a median price of 125k. The average days on the market was eighteen. We anticipate as the market begins to balance that homes will stay on the market a little longer as buyers will have more options to choose from. Working with a realtor who can help you determine the correct selling price will be important now more than ever.
In the last 30 days, 102 properties have sold with a median closed price of 130k at 100% of the asking price!
As we hit the November market, many ask whether they should sell their home during the holidays. That’s a great question. The answer is “Yes!” The most serious buyers are looking during the holidays and making a plan for the New Year. Many company transfers and hires take place by the end of the year and people will need to find a new nest! If you do plan on putting your property on the market, stay tuned for a future blog with timely tips.
The Rochester Homes Report this month shows trends of moving toward a more balanced market. However, it’s important to keep in mind that our report only speaks to averages. Location, condition, and pricing all play an important role and can vary from neighborhood to neighborhood. If you have any questions, or you’re curious about your home’s value, contact us today and we can help you truly find a home for the holidays!