Real Estate Market conditions are local. Here is some current info showing how our NY market is doing.
May 23, 2008 – Sales of existing single-family homes in New York State in April increased by more than 14 percent compared to March, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS.
New York REALTORS sold 5,838 existing single-family homes in April 2008, a 14.4-percent increase compared to the 5,035 sales recorded in March. The April sales total represents a 14.7-percent decrease compared to the April 2007 total of 6,845.
The April 2008 median sales price of $ $215,000 represents a 2.5-percent increase from the March median of $209,800. The April 2008 median sales price represents a 12.2-percent decrease compared to the April 2007 median of $245,000.