Irondequoit NY Real Estate Market Report March 2016
Want to see what has gone on in the Irondequoit real estate market during the month of March along with year over year comparisons? Here is the Irondequoit NY real estate market report March 2016 edition.
Irondequoit NY Real Estate Activity For March 2016 vs. March 2015
In March 2016 there were 47 homes that closed during the month for Irondequoit NY real estate. This is 2 fewer homes than the 49 homes that closed in March 2015.
- The average sale price for the homes that closed in March 2015 was $105,396.
- The average sale price for the homes that closed in March 2016 was $121,272.
- The average market time (aka Days on Market) for the homes that closed in March 2015 was 69 days.
- The average market time (aka Days on Market) for the homes that closed in March 2016 was 50 days.
- The total amount of volume for the homes that closed in March 2015 was $5,164,410.
- The total amount of volume for the homes that closed in March 2016 was $5,699,800.
Homes Under Contract For March 2016
There were a total of 170 homes in Irondequoit NY that were under contract or sale pending through March 31st, 2016 (of the 170 total homes, 67 homes went under contract during March 2016). The average market time for these 170 homes was 43 days. The average list price for these homes under contract was $114,552.
Current Irondequoit NY Homes For Sale Inventory Levels
There are currently 189 homes on the market in Irondequoit NY. The average list price is $133,210. The average market time for these homes is 50 days. Homes in Irondequoit NY are selling in about 30 days if priced properly. The market absorption rate, as of April 1st, 2016 was 2.71 in Irondequoit. This means that if no other homes in Irondequoit were put on the market, it would take 2.71 months to deplete the remaining homes on the market.
How can both buyers and sellers have an advantage in the Irondequoit NY real estate market? Employ the services of a local Irondequoit real estate agent who has vast knowledge and experience of the market.
The above statistics are ONLY single family homes and do not include condominiums or multi-family homes.
Find Irondequoit NY Homes for Sale
For a complete list of available real estate in Irondequoit NY, visit Irondequoit NY Homes for Sale. Make sure to subscribe to our blog so you don’t miss out on any Irondequoit homes. Contact us to find out what your Irondequoit NY home is worth and to discuss your housing needs.
About the authors: The above information regarding the “Irondequoit NY Real Estate Market Report March 2016” was provided by the Keith Hiscock Sold Team. Keith Hiscock & Kyle Hiscock have over 30 years combined experience. If you’re thinking of selling or buying, we’d love to share our knowledge and expertise.
We service the following Greater Rochester NY areas: Irondequoit, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY.
© 2016, Kyle Hiscock. All rights reserved.