Hastings NY Real Estate Market Report March 2016

By
Real Estate Agent with William Raveis Legends Realty Group 30PA1082583

Sales

There were 5 unit sales in February. This is up 150.0% from 2 in February of 2015. Sales/list price ratio in February moved down to 99.7% from 100.0% in January.

Prices

Median price in February was $704,000. This is down 6.4% from $751,850 in February of 2015. 3-month median price of $875,000 in February was up just slightly from $840,000 in January and up marginally from $865,000 in February of 2015. Price per square foot in February was $366. This is down from $423 in January and down from $391 in February of 2015.

Inventory

Inventory of 13 in February was up 18.2% from 11 in January but down 27.8% from 18 in February of 2015. New listings in February were 5, unchanged from the same month last year. Months of supply of 1.9 in February was up slightly from 1.7 in January but down considerably from 3.3 in February of 2015.

Market Time

Days on market of 75 in February was up substantially from 32 in January and way up from 29 in February of 2015.

 

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Comments (3)

Donald Urschalitz
Lubeck Realty Group - Jupiter, FL
P.A. Realtor ABR RSPS North Palm Beach County

Sure looks like you are in a great market, thanks for sharing a wonderful report.

Mar 21, 2016 10:04 PM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

yet another fantastic market report - you really are a shining example for the rest of us

Mar 22, 2016 12:59 AM
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for sharing this information.  This is perfect for buyers and sellers alike!

Mar 22, 2016 11:00 PM

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