It’s August, and it’s the first Saturday of the month. No worries, there’s still plenty of summer left. Grab your favorite beverage and have a look. We’re ready with the Pittsford Housing Stats for July and the highlights from the 2nd Quarter Report from Greater Rochester Association of Realtors. Here’s what you need to know about homes in Pittsford 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 Pittsford NY:
Currently, 131 properties were listed and are still available with a median sales price of 425k. The amount of inventory has slightly increased.
Currently, 89 properties are under contract with a median price of 300k. The average days on the market is 8 as the swift sales are common this summer. Yet another reason not to hesitate to make an offer on something that you love!
In the month of July, 51 homes closed with a median sales price of 340k. On average, sellers received 99% of their asking price!
If you’ve been looking for a home and haven’t found the right one just yet or haven’t had an offer accepted, don’t give up. Looking at the overall picture, we saw an almost 4% increase in new listings this June (2018) over new listings last June (2018). The right home is only one listing away. In the meantime, let’s get all your ducks in a row: must haves, pre-approval and desired neighborhoods. You’ll be ready when the right house comes along.
Ready to start the search? Contact me today and we can let you know what your options are!