Courtesy of WRCR.
Home prices in New York rose once again in August as home sales continued to decline. That’s according to a new housing report from the New York State Association of Realtors. They say the median sales price of homes across New York state went up 3.8 percent in August, from $390,000 in 2021 to $405,000 in 2022. WRCR Real Estate analyst Naomi Streicher of Q Home Sales says Rockland could use more inventory to keep up with the demand…
This marks 28 consecutive months in year-over-year comparisons that median sales prices have increased. Inventory of homes for sale fell 15.5 percent in New York State – from 46,367 homes in August 2021 to just 39,179 in August 2022. Streicher hosts her own real estate segment Mondays here on WRCR during “The Morning Show.”