Latest News

RealtyTrac: Sales pace and median sales price rise for Northeast in August

Sep 26, 2014
In its August 2014 U.S. Residential & Foreclosure Sales Report, RealtyTrac Inc. reported that New York State residential properties sold at an estimated annualized pace of 148,615 in August. This is 0.62 percent above July’s total and 9.6 percent below August 2013. 

The median sales price for New York was $316,000 in August, remaining level with the previous month, but up 5 percent from a year ago. The median price of a distressed sale – in foreclosure or bank-owned property – was $238,500, up 6 percent from July and up 12 percent from August 2013.

Nationally, U.S. residential properties sold at an estimated annualized pace of 4,508,641 in August, down 0.47 percent from July and a decrease of 16.16 percent from year-ago totals. The national median sales price was $205,000, a 3-percent increase on a monthly basis and an 11-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.