Chili NY Real Estate Market Report May 2015

Keith & Kyle Hiscock
Published on June 22, 2015

Chili NY Real Estate Market Report May 2015

Chili New York Real Estate Report – May 2015

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

Chili NY Real Estate Market Report

Chili NY Real Estate Market Report

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

In May 2015 there were 21 homes that closed during the month for Chili NY real estate.  This is the 5 fewer homes than the 26 homes that closed in May 2014.

  • The average sale price for the homes that closed in May 2014 was $136,758.
  • The average sale price for the homes that closed in May 2015 was $136,043.
  • The average market time (aka Days on Market) for the homes that closed in May 2014 was 56 days.
  • The average market time (aka Days on Market) for the homes that closed in May 2015 was 30 days.
  • The total amount of volume for the homes that closed in May 2014 was $3,555,700.
  • The total amount of volume for the homes that closed in May 2015 was $2,856,900.

Homes Under Contract For May 2015

There were a total of 79 homes in Chili NY that were under contract or sale pending through May 31st, 2015 (of the 79 total homes, 25 homes went under contract during May 2015).  The average market time for these 79 homes was 33 days.  The average list price for these homes under contract was $153,858.

Current Chili, NY Homes For Sale Inventory Levels

There are currently 86 homes on the market in Chili NY.  The average list price is $190,085.  The average market time for these homes is 50 days.  Homes in Chili NY are selling in about 40-50 days, if priced properly.  The market absorption rate, as of June 1st, 2015 was 3.75 in Chili.  This means that if no other homes in Chili were put on the market, it would take 3.75 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 Greater Rochester, NY Market Reports – May 2015


About the authors:  The above information regarding the “Chili NY Real Estate Market Report May 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, Webster, Penfield, Pittsford, Fairport, Brighton, Greece, Gates, Hilton, Brockport, Mendon, Henrietta, Perinton, Churchville, Scottsville, East Rochester, Rush, Honeoye Falls, Chili, and Victor NY.

Visit our website at www.HiscockHomes.com & our blog at www.RochesterRealEstateBlog.com.

Chili NY Real Estate Market Report May 2015
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