Hi Friends! It’s the first Saturday of the month, so the latest stats are headed your way! It’s also 4th of July weekend, so we’ll be quick and to the point, so you can enjoy all the festivities that Rochester NY has to offer. All the numbers you need are here in our Fairport NY Housing Stats Report. Let’s take a look!
Currently, 167 homes are available . The median listing price is 290k with prices running from 57k all the way to 1.1 million. There truly is something for everyone is all sorts of price ranges.
Currently, 141 properties have gone under contract in an average of 8 days on the market. Yes, that fast. Just be pre-approved and prepared. New homes come on the market every day and you’ll be ready. The median price of these properties is 200k.
In the last 30 days, 55 homes have closed and the median price in Fairport rose over 26%from the previous month with many homes receiving their asking price or over. Homes that are fairly priced at market value, really do deserve a fair market value offer. Trusted real estate professionals have access to the multiple list system and those who are diligent, accurately determine the right price. For Sale By Owners do not have access to this information or experience in negotiating a fair price.
The summer market is sizzling in Fairport. While there are still pockets where the inventory is still low, we are starting to see a more balanced market. As interest rates continue to remain low, more first time buyers will qualify. Those who already own a home are wise to consider a move up home now, rather than waiting. Contact us today to make your move, find the value of your home or get your finances in order! We hope you have a safe beautiful and happy 4th of July!