Greece NY Real Estate Market Report October 2014

Keith & Kyle Hiscock
Published on November 12, 2014

Greece NY Real Estate Market Report October 2014

Greece New York Real Estate Report – October 2014

Want to see what has gone on in the Greece real estate market during the month of October along with year over year comparisons?  Here is our report of the Greece NY real estate market.

Greece NY Real Estate Market Report

Greece NY Real Estate Market Report

Greece NY Real Estate Activity For October 2014 vs. October 2013

In October 2014 there were 64 homes that closed during the month for Greece NY real estate.  This is 40 less than the 104 homes that closed in October 2013.

  • The average sale price for the homes that closed in October 2013 was $128,092.
  • The average sale price for the homes that closed in October 2014 was $130,224.
  • The average market time (aka Days on Market) for the homes that closed in October 2013 was 42 days.
  • The average market time (aka Days on Market) for the homes that closed in October 2014 was 55 days.
  • The total amount of volume for the homes that closed in October 2013 was $13,321,565.
  • The total amount of volume for the homes that closed in October 2014 was $8,334,350.

Homes Under Contract For October 2014

There were a total of 186 homes in Greece NY that were under contract or sale pending through October 31st, 2014 (of the 186 total homes, 52 homes went under contract during October 2014).  The average market time for these 186 homes was 55 days.  The average list price for these homes under contract was $135,878.

Current November Homes For Sale Inventory Levels

There are currently 445 homes on the market in Greece NY.  The average list price is $160,215.  The average market time for these homes is 103 days.  Homes in Greece NY are selling in about 50-60 days, if priced properly.  The market absorption rate, as of November 1st, was 5.23 in Greece.  This means that if no other homes in Greece were put on the market, it would take 5.23 months to deplete the remaining homes on the market.

How can both buyers and sellers have an advantage in the Greece NY real estate market?  Employ the services of a local Greece 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 Greece NY Homes for Sale

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

Other Greater Rochester, NY Market Reports – October 2014


About the authors:  The above information regarding the “Greece NY Real Estate Market Report October 2014” 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.

Greece NY Real Estate Market Report October 2014
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