Steve Babbitt

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Second Quarter Statistics for New York State and Rochester

Posted by 3 years ago. (Back to all articles...)

The stats are out for the Second Quarter of 2015!

On the State level, sales are up 2.7% with the median sales price up 3.5%.  That's a good sign that the economy is strengthening!  Note, I did not say strong!

Locally, for Rochester, New York, it is a different story!  Sales are down 9.45 but the median sales price is up 2.4%  These stats are very interesting to me because I am having my best year ever with 36 years in the business!

During the second quarter in Rochester, many towns were having multiple offers on properties because of the shortage of inventory.  This is reflected in the Pending Sales which is up 6.7% for the quarter.

For both the State and Rochester, Days on the Market has dropped a little bit reflecting the low inventory and higher demand.

All in all, it is a good report showing gains in many areas both locally and Statewide!


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