What Happened During May In The Irondequoit Real Estate Market?
Happy Thursday fellow Rochester residents!
Local Irondequoit NY Realtors have continued to see a very strong sellers market over the past month. The market has certainly slowed a bit from March and April but still remains very strong, especially for sellers!
In this May Irondequoit real estate market report, find out how the market has been performing over the past month. There are some helpful statistics about to current Irondequoit homes for sale, pending sales, and also relating to the Irondequoit homes sold during May!
If you have any questions about Irondequoit real estate, comment below or contact me directly and I'd be happy to answer them!
Irondequoit NY Single Family Residence Report- May 2017
Active Homes For Sale In Irondequoit NY
There are currently 109 Irondequoit NY homes for sale as of today, Thursday June 22nd! The average list price of the active homes for sale in Irondequoit is $147,059 and these properties have an average of 38 days on the market.
The number of new listings last month was similar to the previous May. During May 2017, there were a total of 132 new listings in Irondequoit. This is 2 more new listings than the previous May, which saw 130 new Irondequoit homes listed for sale. This is certainly a good sign for buyers who're shopping for Irondequoit real estate!
For another month, the most expensive home for sale in Irondequoit is 1556 Bay Shore Blvd. This Greater Rochester NY waterfront home for sale is listed currently for $895,000 and has been on the market for a total of 73 days.
Irondequoit NY Homes Under Contract
195 Irondequoit homes are currently under contract. The average list price of these pending Irondequoit sales was $125,995. The homes under contract only took an average of 21 days from list date to contract date, which is very quick.
145 Durand Boulevard in Irondequoit is this months most expensive pending sale. This property was listed for $525,000 and went under contract in only 29 days!
Irondequoit NY Recent Home Sales
Nearly 11 million dollars in real estate was closed during May 2017! This volume equated to a total of 94 Irondequoit homes sold last month. The average sale price of these 94 homes was $116,447 and the average time on market was only 26 days.
Comparing May 2017 to May 2016, there were 10 fewer homes sold this May. There were a total of 104 homes sold in May 2016 for an average of $115,126. Homes took an average of 28 days to sell during May 2016.
The home located at 187 Binnacle Point in Irondequoit was the most expensive home sold last month. This 2004 built home was listed for $269,900 and sold for $263,000 in 88 days.
What's The Outlook For Irondequoit Real Estate?
A great sign for Irondequoit NY home buyers is that the number of new listings this May exceeded the previous year. There certainly is still a low number of homes for sale in Irondequoit but if this trend can continue, the market should start balancing itself out.
For Irondequoit homeowners, those who're thinking about selling, now is a fantastic time. Profitable and quick sales are the current trend in Irondequoit and that should be expected to continue in the coming months!
Other May 2017 Greater Rochester NY Real Estate Market Reports
- Henrietta NY Real Estate Market Report via Behance
- Brighton NY Real Estate Market Report via Medium
- Webster NY Real Estate Market Report via Tumblr
- Rochester NY Real Estate Market Report via RealtyTimes
This Irondequoit NY real estate market report - May 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.**