Clinton County home sales increase by 108%
By John T. Ryan
Clinton County sales of existing single-family home continued their strong rebound in November with a 108% increase compared to November 2008. Clinton County’s increase in New York State was the third highest increase reported by the NYS Association of Realtors (NYSAR). Fifty-two homes were sold in the county compared to twenty-five last year. Median home prices increased from $115,000 to $125,000 or back to 2007 levels. NYSAR said the sales rebound returned real estate sales to more normal levels. They credited the federal first-time homebuyer tax credit with driving the housing market.
Here are the sales statistics for Clinton, Essex, Jefferson and Warren Counties:
Number Homes Sold | Nov. 08 | Nov. 09 | 08 to 09 | 07 to 09 |
Clinton | 25 | 52 | 108.00% | 30.00% |
Essex | 23 | 27 | 17.40% | 12.5% |
Jefferson | 60 | 77 | 28.30% | -19.80% |
Warren | 37 | 66 | 78.40% | 15.80% |
NYS | 5,542 | 7,424 | 34.00% | 5.50% |
Median Sales Prices | Nov. 08 | Nov. 09 | 08 to 09 | 07 to 09 |
Clinton | $115,000 | $125,000 | 8.70% | 0.00% |
Essex | $230,000 | $187,900 | -18.30% | 21.20% |
Jefferson | $132,500 | $125,000 | -5.70% | -0.20% |
Warren | $160,000 | $178,450 | 11.50% | 0.80% |
NYS | $203,950 | $210,000 | 3.00% | 0.00% |
Posted: December 31st, 2009 under General News.