It’s the first weekend of the month! You know what that means- our monthly Pittsford NY Housing Trends Report is here. We’ll share the average sale price and some other fun stats. Whether you own a home, are thinking about buying one or pretending you own the home you’re renting, it’s always a great idea to understand current trends in the real estate market. We’ve got the latest scoop in our Pittsford NY Housing Trends Report.
Currently, 101 homes are listed as active. The average median list price is $449k.
There are 453 homes listed as under contract. The median list price was 309k. In a market of low inventory, houses can fly off the market in no time, especially ones fairly priced, in excellent locations and in great conditions. Don’t worry about flying houses, Dorothy, we work with trusted mortgage professionals and we’ll have your ruby shoes headed in the right direction in no time by making sure you are pre-approved.
In the past 30 days, 25 homes have closed. The average sale price was 280k which is a slight decrease over last month.
Due to some unseasonably warm winter weather (oh, how we do love the roller coaster ride), the spring market heated up early this year. Interest rates are still super low. Catch them before they rise. New properties are listed every day, so it’s a great time to consider making your move. Actually, studies show that owning a home can make you happier and healthier. You’ll benefit more than just financially.
Why not explore the possibilities? Knowing the value of your home is important and it never hurts to know what your purchase power is. These numbers are important to your financial future. Contact us today and we can give you the information you need to determine if a move is right for you!