How Did Real Estate In Webster NY Perform In February 2017?
Happy Wednesday fellow Rochesterians! The month of March is almost 1/3 of the way complete and just like the rest of 2017, this month is flying by.
Thank you for stopping by and checking out this Webster NY real estate market report. In this report you're going to find out how the real estate market in Webster is doing as well as learn about it's performace from February.
Continue reading to find out about the current active homes for sale in Webster, pending sales, and also the homes that closed during February 2017 in Webster. As always, if you have any questions about Webster real estate, comment below or contact me directly and I'd be happy to answer them!
February 2017 Webster NY Single Family Residence Report
Active Webster NY Single Family Homes For Sale
As of today, Wednesday March 8th, there are 91 Webster NY homes for sale. The average list price of these 91 homes in Webster is $294,143 and have been on the market for an average of 111 days.
The number of new listings hitting the market each month continues to remain low. In February 2017 there were only a total of 48 Webster NY homes that were listed for sale. Comparing February 2017 vs 2016, this is 12 fewer new listings than the 60 new homes listed during February 2016.
The most expensive home for sale in Webster is still the waterfront home listed at 924 Lake Road. This property was also the most expensive home for sale when the January 2017 Webster NY real estate report was published.
Pending Webster NY Single Family Homes
Currently 54 Webster NY homes are sale pending. The average list price of these 54 homes was $204,768 and averaged 68 days until they received and accepted an offer. These 54 pending homes equate to over 11 million dollars in sales volume.
The most expensive pending sale in Webster NY is 371 Coastal View Drive. This incredible home was listed for $518,000 and the sellers accepted an offer only 2 days after being listed. This 2005 Coastal View Subdivision home has 3 bedrooms, 2 full baths, 1 half bath, and has some incredible Lake views!
February 2017 Webster NY Home Sales
During February 2017, 16 Webster homes sold and closed. These 16 homes had an average sale price of $193,894 and took an average of 51 days to sell.
Comparing this past February's performance to the previous, 9 fewer homes sold in 2017 than 2016. During February 2016, the 25 Webster NY homes sold had an average sale price of $194,469 and took 36 days to sell.
The most expensive home sold in Webster NY during February 2017 was 1092 Shallow Brook Terrace. This home was listed for $340,000 and sold for $333,000 in 196 days. This 2016 2-story home has 4 bedrooms, 2 full baths, and 1 half bath.
What Do The Upcoming Months Look Like For Webster NY Real Estate?
As we continue to move forward into the spring market, Webster homeowners who're selling their homes will see quick and profitable sales. Webster NY real estate agents are continuing to urge sellers who're thinking about selling to act sooner than later to beat potential competition.
The current inventory of homes for sale in Webster is extremely low. As more homes in Webster are listed in the spring months, the competition for sellers becomes stronger which will slow sales and also reduce profits.
Other February 2017 Greater Rochester NY Real Estate Market Reports
- Rochester NY Real Estate Market Report via Behance
This Webster NY real estate market report - February 2017 edition was provided by Kyle Hiscock. Kyle is a licensed real estate agent in Rochester NY for RE/MAX Realty Group.
Kyle also is the owner and operator of one of the top real estate websites in Rochester, Rochester's Real Estate Blog. Kyle is active on many social networks including, but not limited to, Facebook, Twitter, Pinterest, Google+, and Linkedin.
If you have more questions about the Rochester real estate market, you can call or text Kyle at 585-704-7095 or by e-mail at Kyle@RochesterRealEstateBlog.com.
**The information provided in this real estate market report was provided by the Upstate New York Real Estate Information Service, LLC (UNYREIS) MLS System as of the time and date this market report was published. All information deemed accurate, but not guaranteed.**