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RealtyTrac: Sales volume in New York up from July and a year ago

Sep 26, 2013
In its August 2013 U.S. Residential & Foreclosure Sales Report, RealtyTrac Inc. reported that New York State residential properties sold at an estimated annualized pace of 147,877 in August, up 1 percent from both July 2013 and the same time last year.

The median sales price for New York was $345,000 in August, up 8 percent from the previous month and up 19 percent from a year ago. The median price of a distressed sale – in foreclosure or bank owned – was $229,950, up 7 percent from July and up 5 percent from August 2012. 

Nationally, U.S. residential properties sold at an estimated annualized pace of 5.6 million in August, up 2 percent from the previous month and up 12 percent from last year. The national median sales price was $175,000 in August, up 3 percent from July and up 6 percent from a year ago. The median price of a distressed sale was $116,000 nationally, up 1 percent from July but down 3 percent from August 2012.

To read the entire RealtyTrac press release, click here.

The latest NYSAR data is available here.
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