Data released by the New York State Association of Realtors (NYSAR
) has included vibrant activity in both closed and pending sales during January.
Last month, New York recorded a 4.1 percent year-over-year increase in closed sales to 9,204 units from 8,842 houses one year earlier. Pending sales during the month totaled 8,895 houses, a 5.6-percent rise January 2019’s total of 8,421 homes.
The statewide median sales price was also enjoyed a year-over-year increase, reaching $300,000–an increase of 9.1-percent from the median of $275,000 in the previous year. The only downward motion in the NYSAR data involved new listings: 14,370 homes, a 2.9-percent decrease from 14,806 homes in January 2019.