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RealtyTrac: Sales volume remains level in New York in October, increases nationally

Nov 26, 2013
In its October 2013 U.S. Residential & Foreclosure Sales Report, RealtyTrac Inc. reported that New York State residential properties sold at an estimated annualized pace of 151,668 in October, remaining level with the previous month but showing an increase of 3 percent from the same time last year.

The median sales price for New York was $360,000 in October, up 3 percent from September and up 22 percent from October 2012. The median price of a distressed sale – in a foreclosure or bank-owned property – was $245,000, a 7-percent increase from the previous month and up 9 percent from a year ago.

Nationally, U.S. residential properties sold at an estimated annualized pace of 5,649,965 in October, up 2 percent monthly and 13 percent annually. The national median sales price was $170,000, remaining level from September but up 6 percent from October 2012. The median price of a distressed sale was $110,000 nationally, showing no change from September but dropping 7 percent from a year ago.

To read the entire RealtyTrac press release, click here

To find the latest sales data from NYSAR, click here.
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