For Onondaga County – January 2019
The local housing market continues to be a “seller’s market” with Inventory of Homes for Sale declining 7.6% from year over year. Median and Average Sales Price (not accounting for sale concessions and/or down-payment assistance) have increased 6.5% year over year. Low inventory with increasing Sales Price generally means buyers will will have a more challenging home search. Click on the link below for the complete report provided by Central New York Information Service, Inc., the local MLS.
Onondaga County Jan 2019
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Inventory continues to be a challenge for the Central New York housing market. Below is an interactive chart showing 3 years of inventory for resale homes available in the several local school districts (North Syracuse/CNY, Liverpool, Baldwinsville, and East Syracuse-Minoa). Hover over the graph lines to see the inventory by month. When inventory remains this low prices tend to increase creating a “sellers” market. Data obtained from Central New York Information Service (CNYIS) the MLS of the Greater Syracuse Association of REALTORS of which we are Members.