New York State February Existing-Homes Sales up Nearly 10 Percent From February 2011
(firmenpresse) - ALBANY, NY -- (Marketwire) -- 03/27/12 -- New York State February 2012 home sales increased by 9.6 percent from February 2011, despite falling back slightly from January, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS®. The statewide median sales price increased by more than six percent from January.
"We are pleased to see the upswing in February sales after several years of flat sales numbers in that month," said Duncan R. MacKenzie, NYSAR chief executive officer. "In addition to strong market fundamentals such historically low mortgage rates and plentiful inventory, the mild winter kept buyers out of hibernation and active on the market."
"For the third straight month, the statewide median sales price has increased and is at the highest point since September 2011," said MacKenzie. "Despite some fluctuation, the monthly statewide median has remained above $200,000, providing a positive indicator for the market."
New York REALTORS® sold 4,521 existing single-family homes in New York State during February 2012, a 9.6-percent increase compared to the February 2011 sales total of 4,124 and 2.6-percent behind January's 4,639 total. The February 2012 sales total was also 9.6-percent higher than the February 2010 total of 4,125.
The February 2012 statewide median sales price of $220,000 represents a decrease of 8.3 percent compared to the February 2011 median of $239,900, while posting a 6.3-percent increase from January 2012.
Additional data is available at
The New York State Association of REALTORS® is a not-for-profit trade organization representing more than 48,000 of New York State's real estate professionals. The term REALTOR® is a registered trademark, which identifies real estate professionals who subscribe to a strict code of ethics as members of the National Association of REALTORS®. These REALTORS® are also members of the New York State Association of REALTORS® as well as their local board or association of REALTORS®.
Salvatore I. Prividera Jr.
Director of Communications
518-463-0300x208 office
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Datum: 27.03.2012 - 14:00 Uhr
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News-ID 128924
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