Inventories in the Cicero, New York market continue to be tight. A situation good for sellers and not so much for buyers. As of a few moments ago there were 75 single family homes listed as “active” in the Town of Cicero ranging in price from 45,500 to 475,000. Of those 75, fifteen were under construction or to be built meaning there are only 60 homes listed for sale in this 55 square mile community. Twenty-one of the homes were listed between 125K and 199K with 15 listed between 200K and 250K. The most recent Local Market Update – April 2018, from the Central New York Information Service, Inc. show a 30.9% decrease in new listings, Days on Market Until Sale show a decrease of 17.9% (56 in 2017 – 46 in 2018) and a 2.3% increase in Percent of List Price Received (96.2-99.1)*. These are year over year numbers. Data obtained from the Central New York Information Service, Inc the MLS of the Greater Syracuse Association of REALTORS. For a copy of the detailed report complete the “Contact Us” form on this page (please include the town, school district or county desired) and we will provide the most recent information by return email.
*Does not account for sale concessions and/or down payment assistance.
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