Happy Labor Day Weekend! It’s the first Saturday in September which means it’s time to take a look at this month’s Housing Values. As we turn the corner to a new season it’s always a good idea to understand what’s happening in the real estate market. Here are the Greece NY housing stats for August 2017:
In the last 30 days, 116 homes were listed with an average median price of 140k and the good new is, they’re still for sale!
Of homes listed in the month of August, 24 homes are under contract with average days on the market of 5. Again, we’re seeing how swiftly the market is moving for homes that are priced right and buyers that are ready. No worries, we’ll get you ready!
130 homes have closed in the last 30 days with a median price of 130k. On average, sellers received 100% of the asking price! Sellers are definitely receiving top dollar on their homes. You can too.
As we look to the fall market, we’ll see increased opportunities. Real estate is a great investment and fall is a perfect time to build a portfolio. We’re almost done with the third quarter and properties will become available as investors make final evaluations on their holdings for 2017. In fact, if you really want to think ahead, real estate investment can be your own kind of pension plan. You may also want to consider investing in a second home. Your memories are waiting.
If you have any questions, or you’re curious about your home’s value, contact us today and get a free market value report with no strings attached. Let’s look forward to fall together.