Home Values Pittsford NY Report

birdhouseHappy First Saturday, Pittsford!   Time for the home values Pittsford NY report where we’ll find the median sale price and other fun numbers. In the midst of decking the halls and the fa la la, it’s always good to have an idea of what your home is worth or what your purchase power is, especially if making a move is one of your New Year’s Resolutions.  Here’s a gander at some of the most recent stats:

Active Listings

In the last 30 days, 82 homes were listed in Penfield.  Yes, it’s true.  Santa is filling his sack with some nice new listings!  The median price is225k.

Pending Listings

Currently, 57 homes are under contract with an average of 22 days on the market. The median price is 215k.

Sold Listings

valuation-149889_640In the past 30 days, 19 homes have closed at 97% of the asking price and a median price of 250k which is slightly lower than last month.

As Jack Frost starts nipping at your nose, you might be tempted to put a hold on making a move.  Truth be told there are advantages to house shopping along with your holiday shopping.  Here are just a few:

Less competition

Not everyone has the wherewithal to go over the river and through the woods when ti comes to finding a home in winter.  Get some snow tires and get out there.  You’ll be happy you did when there is less risk of competing offers.

A realistic look at the property

Seeing a home in winter means you’re going to discover just how well it’s insulated!  Drafts by the doors and windows?  Does the furnace fire up?  You’ll get the answers to these questions and more!

Rates are low.

 

Concept of real estate sales growth

Rates have slightly risen in the last few months.  While you may not get the best price in mortgage rate history, comparatively speaking you’re still going to get an excellent rate before they increase even more.

*Read the entire article here.

Let’s jingle our bells and  find a home that fits.  Contact me today!