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Median Home Prices Up Across New York

By
Real Estate Agent with gvconsulting

The NAR issued its latest metropolitan areas price report this week.

The most interesting finding is that in the fourth quarter of '07, 73 out of 150 metropolitan statistical areas showed increases in median existing single-family home prices from a year earlier, including 11 areas with double-digit annual gains and another 12 metros showing increases of 6 percent or more; 77 had price declines including 16 with double-digit drops.

Here are the numbers for New York State (minus NYC):

Binghamton: 15%

Buffalo-Niagara: 6.2%

Syracuse: 4.3% 

Glens Falls: 3.7%

Rochester: 2.7%

Kingston: 2.2% 

Capitol District: 1.7%

Nassau-Suffolk: .05%

Whire Plains: .02%

Elmira: -6.0%

Comments(3)

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"Tommy" Decebal
HomeSpector Inc. 516-851-5833 - Farmingdale, NY
Adamescu Long Island NY MASTER Home Inspector

Good to know. Thank you Gerry.

Tommy

Apr 26, 2008 12:29 PM
"Tommy" Decebal
HomeSpector Inc. 516-851-5833 - Farmingdale, NY
Adamescu Long Island NY MASTER Home Inspector

Hi ,

Happy Memorial Day and best wishes.

Tommy

May 21, 2008 06:36 PM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon
I hope those numbers were just as high in the 3rd quarter of 2008 for you. Congratulations on one year on Activerain hope you found some valuable information and business connections over the past year because of it. Good luck in 2009 and hope to see you around.
Nov 29, 2008 05:15 AM