New York State January housing market slightly off 2010 pace

New York State January 2011 home sales decreased by 3.7 percent from January 2010, while improving 18 percent from two years ago, according to preliminary single-family sales data accumulated by the New York State Association of REALTORS. The statewide median sales price continued the 2010 stabilization trend.

New York REALTORS sold 4,479 existing single-family homes in New York State during January 2011, a 3.7-percent decrease compared to the January 2010 sales total of 4,653 and 28-percent behind December's 6,218 total. The January 2011 sales total was 18-percent above the January 2009 total of 3,797.

The January 2011 statewide median sales price of $227,000 represents a decrease of 1.3 percent compared to the January 2010 median of $230,000, while posting a 2.3-percent increase from December 2010.

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