Chili NY Real Estate Market Report December 2015

Keith & Kyle Hiscock
Published on January 16, 2016

Chili NY Real Estate Market Report December 2015

Chili New York Real Estate Report – December 2015

Want to see what has gone on in the Chili real estate market during the month of December along with year over year comparisons?  Here is the Chili NY real estate market report December 2015 edition.

Chili NY Real Estate Market Report

Chili NY Real Estate Market Report

Chili NY Real Estate Activity For December 2015 vs. December 2014

In December 2015 there were 22 homes that closed during the month for Chili NY real estate.  This is 2 less homes sold than the 24 homes that closed in December 2014.

  • The average sale price for the homes that closed in December 2014 was $121,091.
  • The average sale price for the homes that closed in December 2015 was $141,072.
  • The average market time (aka Days on Market) for the homes that closed in December 2014 was 46 days.
  • The average market time (aka Days on Market) for the homes that closed in December 2015 was 36 days.
  • The total amount of volume for the homes that closed in December 2014 was $2,906,176.
  • The total amount of volume for the homes that closed in December 2015 was $3,103,580.

Homes Under Contract For December 2015

There were a total of 47 homes in Chili NY that were under contract or sale pending through December 31st, 2015 (of the 47 total homes, 17 homes went under contract during December 2015).  The average market time for these 47 homes was 43 days.  The average list price for these homes under contract was $137,681.

Current Chili, NY Homes For Sale Inventory Levels

There are currently 50 homes on the market in Chili NY.  The average list price is $175,629.  The average market time for these homes is 74 days.  Homes in Chili NY are selling in less then 45 days, if priced properly.  The market absorption rate, as of January 1st, 2016 was 1.83 in Chili.  This means that if no other homes in Chili were put on the market, it would take 1.83 months to deplete the remaining homes on the market.

How can both buyers and sellers have an advantage in the Chili NY real estate market?  Employ the services of a local Chili real estate agent who has vast knowledge and experience of the market.

The above statistics are ONLY single family homes and do not include condominiums or multi-family homes.

Find Chili NY Homes for Sale

For a complete list of available real estate in Chili NY, visit Chili NY Homes for Sale.  Make sure to subscribe to our blog so you don’t miss out on any Chili homes.  Contact us to find out what your Chili NY home is worth and to discuss your housing needs.

Other December 2015 Greater Rochester NY Real Estate Market Reports


About the authors:  The above information regarding the “Chili NY Real Estate Market Report December 2015” was provided by the Keith Hiscock Sold Team.  Keith Hiscock & Kyle Hiscock have over 30 years combined experience.  If you’re thinking of selling or buying, we’d love to share our knowledge and expertise.

We service the following Greater Rochester NY areas: Irondequoit, Chili, Penfield, Pittsford, Fairport, Brighton, Chili, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Chili NY.

Visit our blog at www.RochesterRealEstateBlog.com.

Chili NY Real Estate Market Report December 2015
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