Welcome!




Expand Your Education with These Courses from
A Consumer Advocate Approach to Real Estate: Course 1.
Becoming a Successful Sales Professional: Skills for Sales Success: Part One.
A Consumer Advocate Approach to Real Estate & Mortgages: Courses 1 & 2.
Bundle 1: CIPS Core Course (US Version).
Bundle 2: CIPS Elective Courses (Non-US Version).

Empire State Third Quarter Home Sales Jump 17 Percent

Have a comment on this article? Share on Facebook!

Year-to-date statewide sales (Jan. 1 – Sept. 30) were up 11.6 percent compared to the same period in 2012, reaching 78,745. There were 32,955 closed sales in the 2013 third quarter, up 17.4 percent from the 2012 total of 28,073. Closed sales in September 2013 were up 14.8 percent, reaching 9,364.

The year-to-date (Jan. 1 – Sept. 30) statewide median sales price of $226,000 represents a 5.1-percent increase from the same period a year ago. The 2013 third quarter median of $235,000 is 5.4 percent above the 2012 third quarter median. The September 2013 median sales price of $230,000 represents a 4.5-percent jump from the September 2012 median.

The month’s supply of inventory dropped 20.2 percent in September to 9.9 month’s supply. It was at 12.4 months in September 2012. A 6-month to 6.5-month supply is considered to be a balanced market. Inventory stood at 90,286 units in September 2013, a decrease of 11.2 percent compared to September 2012.

Additional data is available here.

Continue Reading 1 2

Want instant access to great articles like this for your blog or newsletter? Check out our 30-day FREE trial of REsource Licensed Real Estate Content Solutions. Need easy stay-in-touch e-Marketing solutions too? Try Pop-a-Note for 99 cents!
Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.




Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Copyright© 2014 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com

Our Latest News >>