Home sales continue their decline
By John T. Ryan
The New York State Association of Realtors released its February 2009 existing single family home sales survey on March 26, 2009. Clinton County’s sales totals declined 40.6% from February of 2008 with nineteen homes sold in 2009 compared to thirty-two homes sold last year. Statewide sales were down by 26.8% during February 2009 compared to last February’s sales. February sales in Essex County increased in 2009 by 27.3% from eleven to fourteen homes. Clinton County’s median home price declined by 27.6% for the month, while Essex County’s median price increased by 34.9%. These prices are such a small sampling of long-term prices they do not appear to represent overall real estate value trends.
Posted: April 1st, 2009 under General News.
Comment from john larocque
Time April 4, 2009 at 7:47 pm
Interesting stats, esp. on Essex county…….
What’s up with that?
The well-to-do still buying second homes in the mountains?
I do wonder………..perhaps more of the AIG bonus folks still have lots of cash the rest of the country lacks.
Bernie Madoff spent time up here with his buddies, taking them for all they were worth, too.
Curious/challenging times, indeed!