The Local Real Estate Market Overview:
In May the Average Sale Price for a single-family home showed a strong increase of 1.9% for an average price of $147,248 compared to May 2016’s Average Sale Price of $144,493. The housing inventory of new listings hitting the market is still very low, but demand is very high. All the housing data indices show we will remain in a “seller’s market” giving the advantage to the seller.
If you are looking to sell now is an opportune time to enter the market. Please contact me if you are considering putting your house on the market this year.
For more details on other local market trends as well as information on buying, seller or investing in Real Estate please call us at 315-689-4000
Click below for the National Market Real Estate Overview:
Current as of June 10, 2017. All data from the Central New York Information Service. Provided by the New York State Association of REALTORS®. Report © 2017 ShowingTime.