Webster New York Real Estate Report – May 2014
Want to see what has gone on in the Webster real estate market during the month of May along with year over year comparisons? Here is our report of the Webster NY real estate market.
Webster NY Real Estate Activity For May 2014 vs. May 2013
In May 2014 there were 30 homes that closed during the month for Webster NY real estate. This is 12 fewer than the 42 homes that closed in May 2013.
- The average sale price for the homes that closed in May 2013 was $177,905.
- The average sale price for the homes that closed in May 2014 was $217,503.
- The average market time (aka Days on Market) for the homes that closed in May 2013 was 29 days.
- The average market time (aka Days on Market) for the homes that closed in May 2014 was 44 days.
- The total amount of volume for the homes that closed in May 2013 was $7,472,000.
- The total amount of volume for the homes that closed in May 2014 was $6,525,093.
Homes Under Contract For May 2014
There were a total of 81 homes in Webster NY that were under contract or sale pending through May 31st, 2014 (of the 81 total homes, 38 homes went under contract during May 2014). The average market time for these 81 homes was 36 days. The average list price for these homes under contract was $205,996.
Current May Homes For Sale Inventory Levels
There are currently 139 homes on the market in Webster NY. The average list price is $251,976. The average market time for these homes is 88 days. Homes in Webster NY are selling in under 50 days if priced properly. The market absorption rate, as of June 1st, was 3.92 in Webster. This means that if no other homes in Webster were put on the market, it would take 3.92 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
For a complete list of available real estate in Webster NY, visit Webster NY Homes for Sale. Make sure to subscribe to our blog so you don’t miss out on any Webster homes. Contact us to find out what your Webster NY home is worth and to discuss your housing needs.
Other May 2014 Greater Rochester NY Market Reports
About the authors: The above information regarding the “Webster NY Real Estate Market Report” 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.
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