Chili New York Real Estate Report – August 2014
Want to see what has gone on in the Chili real estate market during the month of August along with year over year comparisons? Here is our report of the Chili NY real estate market.
Chili NY Real Estate Market Report
Chili NY Real Estate Activity For August 2014 vs. August 2013
In August 2014 there were 47 homes that closed during the month for Chili NY real estate. This is 6 more than the 41 homes that closed in August 2013.
- The average sale price for the homes that closed in August 2013 was $144,164.
- The average sale price for the homes that closed in August 2014 was $140,373.
- The average market time (aka Days on Market) for the homes that closed in August 2013 was 36 days.
- The average market time (aka Days on Market) for the homes that closed in August 2014 was 34 days.
- The total amount of volume for the homes that closed in August 2013 was $6,775,690.
- The total amount of volume for the homes that closed in August 2014 was $5,755,280.
Homes Under Contract For August 2014
There were a total of 48 homes in Chili NY that were under contract or sale pending through August 31st, 2014 (of the 48 total homes, 14 homes went under contract during August 2014). The average market time for these 48 homes was 49 days. The average list price for these homes under contract was $140,606.
Current August Homes For Sale Inventory Levels
There are currently 91 homes on the market in Chili NY. The average list price is $164,678. The average market time for these homes is 68 days. Homes in Chili NY are selling about one month if priced properly. The market absorption rate, as of September 1st, was 3.94 in Chili. This means that if no other homes in Chili were put on the market, it would take 3.94 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, 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 August 2014 Market Report
- Rochester NY Real Estate Market Report August 2014
- East Rochester NY Real Estate Market Report August 2014
- Henrietta NY Real Estate Market Report August 2014
- Greece NY Real Estate Market Report August 2014
- Brighton NY Real Estate Market Report August 2014
- Penfield NY Real Estate Market Report August 2014
- Victor NY Real Estate Market Report August 2014
- Webster NY Real Estate Market Report August 2014
- Ontario NY Real Estate Market Report August 2014
- Irondequoit NY Real Estate Market Report August 2014
About the authors: The above information regarding the “Chili NY Real Estate Market Report August 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.
