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RealtyTrac: Sales volume in New York up from June but down from year ago

Aug 29, 2013
In its July 2013 U.S. Residential & Foreclosure Sales Report, RealtyTrac. Inc. reported that New York State residential properties sold at an estimated annualized pace of 147,120 in July, up 3 percent from June 2013, but down 2 percent from the same time last year.

The median sales price for New York was $325,000 in July, up 8 percent from the previous month and up 16 percent from a year ago. The median price of a distressed sale – in foreclosure or bank owned – was $220,000, up 7 percent from June but level with one year ago. 

Nationally, U.S. residential properties sold at an estimated annualized pace of 5.5 million in July, up 4 percent from the previous month and up 11 percent from a year ago. The national median sales price was $174,500 in July, up 4 percent from June and up 6 percent from July 2012. The median price of a distressed sale was $120,000 nationally, up 1 percent from June but down 1 percent from a year ago.

To read the entire RealtyTrac press release, click here.

The latest NYSAR data is available here.
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