Gates New York Real Estate Report – January 2015
Want to see what has gone on in the Gates real estate market during the month of January along with year over year comparisons? Here is the Gates NY real estate market report January 2015 edition.
Gates NY Real Estate Market Report
Gates NY Real Estate Activity For January 2015 vs. January 2014
In January 2015 there were 9 homes that closed during the month for Gates NY real estate. This is 9 less homes than the 18 homes that closed in January 2014.
- The average sale price for the homes that closed in January 2014 was $106,029.
- The average sale price for the homes that closed in January 2015 was $114,667.
- The average market time (aka Days on Market) for the homes that closed in January 2014 was 58 days.
- The average market time (aka Days on Market) for the homes that closed in January 2015 was 36 days.
- The total amount of volume for the homes that closed in January 2014 was $1,908,525.
- The total amount of volume for the homes that closed in January 2015 was $1,032,000.
Homes Under Contract For January 2015
There were a total of 43 homes in Gates NY that were under contract or sale pending through January 31st, 2015 (of the 43 total homes, 11 homes went under contract during January 2015). The average market time for these 43 homes was 59 days. The average list price for these homes under contract was $108,236.
Current Gates, NY Homes For Sale Inventory Levels
There are currently 86 homes on the market in Gates NY. The average list price is $104,427. The average market time for these homes is 77 days. Homes in Gates NY are selling in about 30-45 days, if priced properly. The market absorption rate, as of February 1st, 2015 was 3.23 in Gates. This means that if no other homes in Gates were put on the market, it would take 3.23 months to deplete the remaining homes on the market.
How can both buyers and sellers have an advantage in the Gates NY real estate market? Employ the services of a local Gates 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 Gates NY Homes for Sale
For a complete list of available real estate in Gates NY, visit Gates NY Homes for Sale. Make sure to subscribe to our blog so you don’t miss out on any Gates homes. Contact us to find out what your Gates NY home is worth and to discuss your housing needs.
Other Greater Rochester, NY Market Reports – January 2015
- Pittsford NY Real Estate Market Report January 2015
- Chili NY Real Estate Market Report January 2015
- Rochester NY Real Estate Market Report January 2015
- Henrietta NY Real Estate Market Report January 2015
- Greece NY Real Estate Market Report January 2015
- Brighton NY Real Estate Market Report January 2015
- Penfield NY Real Estate Market Report January 2015
- Victor NY Real Estate Market Report January 2015
- Webster NY Real Estate Market Report January 2015
- Ontario NY Real Estate Market Report January 2015
- Irondequoit NY Real Estate Market Report January 2015
About the authors: The above information regarding the “Gates NY Real Estate Market Report January 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.
