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Penfield Housing Market Stats

Welcome Fall.  It’s the first Saturday in October which means it’s time to take a look at the Penfield Housing Market Stats. Fall is an excellent time to make a move and you’ll find that now that everyone is back at school and into their routines, there are many listings that are ripe for the picking!  Let’s take a look at the average sale price in Rochester NY and other fun stats!

Active

In the last 30 days, 102 properties were listed with an average sale price of 271K It’s a slight decrease from the number listed in August, but current numbers already show more listings for October.

Pending

Of homes listed in the month of September:  56 have already sold with a median closed price of 271k and were on the market for an average of 9 days. This is certainly an increase since the month prior, meaning that the market is picking up!

Sold

In the last 30 days, 33 properties have sold with a median closed price of 194k at 97% of the asking price!

In the midst of the fall market, we’re seeing some great opportunities for both buyers and sellers as we move toward a more balanced market.  It’s important to work with a licensed real estate agent that can guide you through the process.  Most importantly, you need someone who will listen to your needs and do the research.  Truth be told, values change daily and to some extent are location driven. So what’s your home worth? Whatever a buyer is willing to pay for it.  How do we come up with that number? Contact me today and you’ll have it for your home in 30 minutes!

Now is an ideal time to get started on your home buying/selling adventure; contact me today and get a free market value report with no strings attached.

Penfield is a lively town, located on the southern tip of Irondequoit Bay and just outside of the City of Rochester. Follow this blog to discover more of what our town has to offer; from great local businesses to awesome events, we'll cover it all!

Courtney Dudek Licensed Real Estate Salesperson

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