Skip to main content

Robodocs names Keana Anderson as national accounts relationship manager

Apr 30, 2008

Empire State housing sales up from FebruaryMortgagePress.comNYSAR, existing home sales, median selling price, Duncan MacKenzie Sales of existing single-family homes in New York state in March increased by more than 10 percent, compared to February, but lagged behind March 2007's figures, according to preliminary single-family sales data accumulated by the New York State Association of Realtors (NYSAR). NYSAR reports that 5,035 existing single-family homes were sold in March 2008, a 10.1 percent increase compared to the 4,575 sales recorded in February. The March sales total represents a 29 percent decrease compared to the March 2007 total of 7,094. The March 2008 median selling price of $210,000 represents a 6.7-percent decrease from the February median of $225,000. The March 2008 median selling price represents a 14.7 percent decrease compared to the March 2007 median of $246,150. In March 2008, sales gains were reported in 31 counties compared to February, while just four experienced growth compared to March 2007. Thirty-one counties reported gains in median selling price in March 2008 compared to February 2008, while 20 posted gains compared to March 2007. "With a more than 10 percent increase in sales of existing single-family homes in March compared to February, the New York state housing market is performing better than the national housing market," said NYSAR CEO Duncan R. MacKenzie. "While changes in the median selling price fared better on a national level, New Yorks median price continues to remain above the national median." For more information, visit www.nysar.org.
About the author
Published
Apr 30, 2008
Housing Market Outlook: Brighter Days To Come

NAR Chief Economist Yun calls lower mortgage rates ‘magic bullet’ to boost home sales

Jun 11, 2025
Redfin Shareholders Say Yes To Acquisition By Rocket

Nearly 99% of Redfin shareholders vote to approve merger, though fewer vote yes to compensation for company’s execs

Jun 10, 2025
Play Ball: Ishbias Could Add Another Team To Their Roster

Justin Ishbia in agreement to potentially take over as owner of Chicago White Sox — but not for several years yet

Jun 09, 2025
Rift That Could Shift The Housing Market

Trump-Musk breakup this week could have implications for federal economic policies as well as the housing and mortgage markets

No Rate Cut Likely Yet, Fed’s Kugler Suggests

Current Fed stance ‘appropriate’ for range of reasons, Fed Board of Governors member says

Jun 05, 2025
New AI Tool Lets Homebuyers Pinpoint Search By Affordability

Platform augments home search with live mortgage rates, pre-approvals, property-specific special financing

Jun 05, 2025