New York housing market in uneven recovery

New York State home sales slowed in April from both March 2011 and April 2010, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS. The statewide median sales price also declined on a month-to-month basis for the first time since October 2010.

New York REALTORS sold 4,900 existing single-family homes in April, a decrease of 23.4 percent from the April 2010 total of 6,397 and a 3.8-percent decline from March 2011.

The April 2011 median sales price of $200,000 represents an increase of 5.3 percent from the April 2010 median of $190,000 and a 4.8-percent dip from the March 2011 median of $210,000.

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