NY Home Sales Increase.Westchester Jumps Too!!!

NY housing market extends monthly growth trend with nearly 12-percent gain in July

The New York State housing market posted its fifth consecutive monthly sales increase in July, according to preliminary existing single-family sales data accumulated by the New York State Association of REALTORS.

The statewide median sales price jumped nearly 10 percent compared to June.New York REALTORS sold 8,398 existing single-family homes in New York State in July 2009, an 11.8-percent increase compared to the June total of 7,509. The July 2009 sales total was only 3.6 percent below the 8,711 sales closed in July 2008.

The July 2009 median sales price in New York State of $205,000 represents an increase of 9.6 percent compared to the $187,000 median posted in June 2009.

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