New York housing market continues solid summer with closed sales, median price and pending sales up in July

New York State REALTORS closed 8,745 sales in July, up 4.7 percent from the July 2011 total of 8,352. The statewide median sales price reached $233,000, an increase of 5.9 percent compared to the July 2011 median of $220,000. Pending sales were also up in July. Click here to learn more.