Webster NY Real Estate Market Report July 2014
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Ask Now!Webster New York Real Estate Report – July 2014
Want to see what has gone on in the Webster real estate market during the month of July along with year over year comparisons? Here is our report of the Webster NY real estate market.
Webster NY Real Estate Market Report
Webster NY Real Estate Activity For July 2014 vs. July 2013
In July 2014 there were 41 homes that closed during the month for Webster NY real estate. This is 13 less than the 54 homes that closed in July 2013.
- The average sale price for the homes that closed in July 2013 was $215,980.
- The average sale price for the homes that closed in July 2014 was $184,132.
- The average market time (aka Days on Market) for the homes that closed in July 2013 was 26 days.
- The average market time (aka Days on Market) for the homes that closed in July 2014 was 24 days.
- The total amount of volume for the homes that closed in July 2013 was $11,662,900.
- The total amount of volume for the homes that closed in July 2014 was $7,549,400.
Homes Under Contract For July 2014
There were a total of 74 homes in Webster NY that were under contract or sale pending through July 31st, 2014 (of the 74 total homes, 26 homes went under contract during July 2014). The average market time for these 74 homes was 26 days. The average list price for these homes under contract was $193,426.
Current July Homes For Sale Inventory Levels
There are currently 166 homes on the market in Webster NY. The average list price is $264,340. The average market time for these homes is 81 days. Homes in Webster NY are selling in about a month if priced properly. The market absorption rate, as of August 1st, was 4.63 in Webster. This means that if no other homes in Webster were put on the market, it would take 4.63 months to deplete the remaining homes on the market.
How can both buyers and sellers have an advantage in the Webster NY real estate market? Employ the services of a local Webster 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 Webster NY Homes for Sale
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Other July 2014 Greater Rochester NY Market Reports
About the authors: The above information regarding the “Webster NY Real Estate Market Report July 2014” 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.
Visit our website at www.HiscockHomes.com.