Chili NY Real Estate Market Report March 2016

Keith & Kyle Hiscock
Published on April 16, 2016

Chili NY Real Estate Market Report March 2016

Chili New York Real Estate Report – March 2016

Want to see what has gone on in the Chili real estate market during the month of March along with year over year comparisons?  Here is the Chili NY real estate market report March 2016 edition.

Chili NY Real Estate Market Report

Chili NY Real Estate Market Report

Chili NY Real Estate Activity For March 2016 vs. March 2015

In March 2016 there were 19 homes that closed during the month for Chili NY real estate.  This is 1 more home then  closed in March 2015.

  • The average sale price for the homes that closed in March 2015 was $156,214.
  • The average sale price for the homes that closed in March 2016 was $138,402.
  • The average market time (aka Days on Market) for the homes that closed in March 2015 was 46 days.
  • The average market time (aka Days on Market) for the homes that closed in March 2016 was 44 days.
  • The total amount of volume for the homes that closed in March 2015 was $2,811,850.
  • The total amount of volume for the homes that closed in March 2016 was $2,629,640.

Homes Under Contract For March 2016

There were a total of 55 homes in Chili NY that were under contract or sale pending through March 31st, 2016 (of the 55 total homes, 23 homes went under contract during March 2016).  The average market time for these 55 homes was 46 days.  The average list price for these homes under contract was $146,751.

Current Chili, NY Homes For Sale Inventory Levels

There are currently 54 homes on the market in Chili NY.  The average list price is $173,898.  The average market time for these homes is 64 days.  Homes in Chili NY are selling between 40-50 days, if priced properly.  The market absorption rate, as of April 1st, 2016 was 1.90 in Chili.  This means that if no other homes in Chili were put on the market, it would take 1.90 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 March 2016 Greater Rochester NY Real Estate Market Reports


About the authors:  The above information regarding the “Chili NY Real Estate Market Report March 2016” 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 March 2016
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