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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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Annual home sales decline, but not nearly as much as elsewhere

By John T. Ryan

The figures speak for themselves – The number of existing single family homes sold in Clinton County fell by 10.8% in 2008, but that was not much as many other parts of the state. Statewide sales decreased by 16.2%. The median sales price of a Clinton County home increased by 5.2% compared to a statewide decline of 8.5%. Comparing December 2008 to December 2007, the number of Clinton County homes sold (33) increased by 6.5% while the median sales price ($123,500) decreased by 5%. 

Here are the 2008 existing single-family home sales figures for Clinton, Essex, Jefferson and Warren Counties as released by the New York State Association of Realtors.

 

Number Homes Sold

2006

2007

2008

2006-2007

2007-2008

2006-2008

Clinton

669

538

480

-19.6

-10.8

-28.3

Essex

464

364

256

-21.6

-29.7

-44.8

Jefferson

1026

1155

893

12.6

-22.7

-13

Warren

749

710

610

-5.2

-14.1

-18.6

 

 

 

 

 

 

 

Median Sales Prices

 

 

 

 

 

 

Clinton

$124,000

$124,315

$130,750

0.3

5.2

5.4

Essex

$192,500

$172,000

$155,000

-10.6

-9.9

-19.5

Jefferson

$115,500

$125,000

$133,000

8.2

6.4

15.2

Warren

$190,000

$195,000

$185,000

2.6

-5.1

-2.6