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The editor is John Ryan at email: perugazette@gmail.com. The Peru Gazette is a free community, education and information website. It is non-commercial and does not accept paid advertising.

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Clinton County real estate sales trend continues while Essex County trend brightens

By John T. Ryan

Statistics released by the New York State Association of Realtors (NYSAR) indicate the existing single family home sales in Clinton County continue to decline compared to the previous year.  May sales in Essex County on the other hand increased by over 80% compared to 2008. The homes that are being sold in Clinton County appear to be in the lower price ranges with a May 2009 median price of $131,750 compared to a May 2008 median price of $154,100.  This is a trend that has been in place for several months. Here are the NYSAR statistics for Clinton, Essex, Jefferson and Warren Counties:

 

Number Homes Sold May-08 May-09 May 08 to May 09 May 07 to May 09
Clinton 43 32 -25.60% -39.60%
Essex 11 20 +81.80% -33.3%
Jefferson 87 61 -29.90% -39.00%
Warren 44 32 -27.30% -50.80%
NYS 6,882 5,557 -19.30% -32.80%
         
Median Sales Prices May-08 May-09 May 08-May 09 May 07 to May 09
Clinton $154,100 $131,750 -14.50% 5.40%
Essex $130,000 $195,000 +50.00% +8.00%
Jefferson $128,900 $147,000 +14.00% +22.80%
Warren $177,500 $182,600 +2.90% -20.60%
NYS $205,000 $189,000 -7.80% -18.70%