Annual home sales decline, but not nearly as much as elsewhere
By John T. Ryan
The figures speak for themselves – The number of existing single family homes sold in Clinton County fell by 10.8% in 2008, but that was not much as many other parts of the state. Statewide sales decreased by 16.2%. The median sales price of a Clinton County home increased by 5.2% compared to a statewide decline of 8.5%. Comparing December 2008 to December 2007, the number of Clinton County homes sold (33) increased by 6.5% while the median sales price ($123,500) decreased by 5%.
Here are the 2008 existing single-family home sales figures for Clinton, Essex, Jefferson and Warren Counties as released by the New York State Association of Realtors.
|
Number Homes Sold |
2006 |
2007 |
2008 |
2006-2007 |
2007-2008 |
2006-2008 |
|
Clinton |
669 |
538 |
480 |
-19.6 |
-10.8 |
-28.3 |
|
Essex |
464 |
364 |
256 |
-21.6 |
-29.7 |
-44.8 |
|
Jefferson |
1026 |
1155 |
893 |
12.6 |
-22.7 |
-13 |
|
Warren |
749 |
710 |
610 |
-5.2 |
-14.1 |
-18.6 |
|
|
|
|
|
|
|
|
|
Median Sales Prices |
|
|
|
|
|
|
|
Clinton |
$124,000 |
$124,315 |
$130,750 |
0.3 |
5.2 |
5.4 |
|
Essex |
$192,500 |
$172,000 |
$155,000 |
-10.6 |
-9.9 |
-19.5 |
|
Jefferson |
$115,500 |
$125,000 |
$133,000 |
8.2 |
6.4 |
15.2 |
|
Warren |
$190,000 |
$195,000 |
$185,000 |
2.6 |
-5.1 |
-2.6 |
Posted: January 31st, 2009 under General News.