Latest News

RealtyTrac: Sales pace and median sales price for New York up in May

Jun 24, 2014
In its May 2014 U.S. Residential & Foreclosures Sales Report, RealtyTrac Inc. reported that New York State residential properties sold at an estimated annualized pace of 160,966 in May, up 0.37 percent from April and up 5.4 percent from one year ago. 

The median sales price for New York was $348,450 in May, a 2-percent increase from April and up 28 percent from a year ago. The median price of a distressed sale – in a foreclosure or bank-owned property – was $226,019, up 7 percent from April and 19 percent from May 2013. 

Nationally, U.S. residential properties sold at an estimated annualized pace of 5,147,550 in May, up 0.19 percent from the previous month and up 0.55 percent from May 2013. The national median sales price was $190,000, a 4-percent increase from April and a 9-percent increase from the same time last year. 

To read the entire RealtyTrac press release, click here

To find the latest sales data from NYSAR, click here
Featured Content

Home sales near record high in November

There were 10,719 closed home sales across New York State during November, representing the second-highest total on record for the month. The November sales record of 10,991 was set in November 2016. The statewide median sales price grew by 5.8 percent in November compared to last November. Click here to read more.