Having come off a record year, residential home sales volume for the first two quarters of 2015 was substantially lower than that of 2014. The real estate market, however, has been very active in the 3rd Quarter (July 1-Sept 30) this year. Home sales volume in Clinton County has been up 24% this quarter compared to the same period last year. Essex County residential sales were up by 17%, and Franklin County remained level with last year. Year to date, the market is now only 6% lower than last year’s record sales volume through this quarter.There has been an increase >>More
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Overall the Clinton, Essex and Franklin County real estate market is up 6% from last year for all property types, though residential sales have continued to track closer to 2013 figures than last year’s record-setting year. As predicted, the number of real estate transactions increased throughout the second quarter. Clinton County residential sales volume is up over 40% from the first quarter, and on par with results from 2013.
Residential property sales in the region for the first quarter of 2015 were down in all counties as compared to 2014, but on par with figures from 2013. This can likely be attributed to two main factors. 2014 was a record-setting year in real estate, and our long, drawn-out winter slowed sales activity over the first quarter of 2015. We have experienced an uptick in real estate activity over the last few weeks – as the weather has improved – and we anticipate that the real estate market will rebound over the second quarter. ABOUT FESETTE REALTY Fesette Realty has >>More
Real Estate Market Update 2014 has been another successful year in real estate in the North Country (Clinton, Essex and Franklin Counties) with dollar sales of all property types up 10.7% to $241MM. Residential sales have been very strong, with dollar sales up 21.8% in Clinton County, 18% in Franklin County and level in Essex County. More complete information is listed below. Clinton County Clinton County residential real estate sales grew strongly this year. The total residential sales were $83MM, compared to $68.4MM in 2013. The number of transactions was up 8% (488 sales in 2013 to 528 in 2014). >>More