Direct Access To All Multiple Listings Like Realtors®

(Prices and inventory current as of Nov 30, 1999)

See Pictures and updates (icon)See photos and updates from listings directly in your feed

Share with you friends (icon)Share your favorite listings with friends and family

Save your search (icon)Save your search and get new listings directly in your mailbox before everybody else

Direct Access To All Multiple
Listings Like Realtors®

(Prices and inventory current as of Nov 30, 1999)

See Pictures and updates (icon)See photos and updates from listings directly in your feed

Share with you friends (icon)Share your favorite listings with friends and family

Save your search (icon)Save your search and get new listings directly in your mailbox before everybody else

Sign Up

it's quick and easy

We'll never post to social networks

or

  • This field is for validation purposes and should be left unchanged.

Already an account? Log in here

Log in

Please check username or password!

No account yet? Register here

Password forgotten? Reset your password

Reset your password

The email address does not seems to be correct!

Please check your email to reset your password

No account yet? Register here

JULY 2021 MARKET UPDATE

JULY 2021 MARKET UPDATE

Hi this is Jason, with the Young Home Selling Team, here with your monthly NY Capital District Market Update If you’re thinking about buying or selling residential real estate, it’s important to understand the current market trends.

According to Global MLS, the marketplace for NY Capital District residential properties, here’s what happened in May 2021 versus June 2021:

-The Number of SOLD listings increased by 16% to 797 properties with a top sale of $3.5 million at 125 Sherman Lane in Saratoga County.

-The Average Sales Price increased by 7% to $316,000 moving the Average Price Per Square Foot up to $172 per square foot.

-The inventory of properties available for sale as measured in months supply increased by 36% to 1.8 months worth of properties for sale. Wes till very low inventory in our area.

-The average 30 year fixed mortgage rate increased to 3.02% according to HSH.com. Although inventory has been steadily increasing since the end of May—a trend that has continued into July—we are still WELL below a balanced market, as evidenced by the fact that sellers averaged 2.8% over their asking price.

If you’re thinking about buying or selling residential real estate now or in the near future, it’s important to seek the guidance and advice of a professional real estate agent.