Happy August, and wow, where has the summer gone! It’s the first Saturday of the month which can only mean that it’s time for your Greece NY July real estate stats and the highlights from the 2nd Quarter Report from Greater Rochester Association of Realtors. No worries, there’s still plenty of summer left. Grab your favorite beverage and have a look. Here’s what you need to know about homes in Greece NY:
- We saw an increase in listings in Yates, Ontario, Allegany, Genesee, Steuben, Orleans, Monroe and Wyoming counties. While some increases were more significant than others, it’s encouraging news nonetheless.
- The median sales price has increased approximately 10% over this time last year to $152k.
- More properties are coming on the market which will help in meeting demand.
Here’s what the real estate market looks like with homes in Greece NY:
In the last 30 days, 103 properties were listed and are still available with a median sales price of 150k. The amount of inventory and median sale price have both decreased over last month.
Within the month of July, 42 properties are under contract with a median price of 131k. The average days on the market is 4 as homes are continuing to sell quickly.
In July, 95 homes closed with a median sales price of 140k. Sellers are still closing at the listed price.
If you’ve been looking for a home and haven’t found the right one just yet, don’t give up. The right home is only one listing away. We are starting to see more listing become active over the last couple months. However, in the meantime, it’s important to get all your ducks in a row with preapproval and knowing your desired neighborhood. You’ll be ready when the right house comes along!
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