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The North Colonie School Monthly Real Estate Update - MARCH 2009

By
Real Estate Agent with Field Realty - Broker/Owner

This monthly real estate report is brought to you courtesy of Michael Field - The Field Team at Keller Williams Realty. The following information shows you, for the month of March, how many new properties hit the market, how many went pending and also how many closed...Enjoy!

New Listings


50 New properties hit the market this month with an average asking price of $420,680. The High was $1.55 million and the low was $126,900. To be fair, this month there were 5 new listings over 1 million which heavily shifted the average new listing asking price...In a typical market, this average new listing asking price would be closer to $250K. Included in this 50, 10 were less than $200K, 11 were under $300K, 16 were under $400K, 4 under $500K, 2 under $600K, 1 @ $629K and 1 @ $899K (and of course the 5 between $1.05 Million-1.55 Million).

Pendings

36 Properties went pending this month. Of these, 12 of the properties had AN ASKING PRICE of less than $200K, 12 of the properties had ASKING PRICES of LESS than $300K, 6 for under $400K, 3 for under $500K, 1 under $600K, 1 under $700K and one under $1 million.

SOLDS

15 Properties closed this month. Average sale price $266,901, average Days on Market - 83, a high of $689,000 with a low of $115,000. 6 Properties sold for under $200K, 4 for under $300K, 3 under $400K, 1 @ $450K and then the one for $689K.

For a complete list of this information, please contact me in the office & I'd be glad to provide this report or perhaps a report similar for another particular area. Have a wonderful day & don't forget the HOME FIELD ADVANTAGE!