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Saturday, November 23, 2024

Palmyra home prices rise in the first quarter of 2018

Realestate1

The median sale price of a home sold in the first quarter of 2018 in Palmyra rose by $4,500 while total sales increased by 52.6%, according to BlockShopper.com.

From January through March of 2018, there were 29 homes sold, with a median sale price of $82,500 - a 5.8% increase over the $78,000 median sale price for the same period of the previous year. There were 19 homes sold in Palmyra in the first quarter of 2017.

The following table compares Palmyra to other Wayne County cities with similar median sales prices in the first quarter of 2018:

CityJan. - Mar. 2018 Home SalesJan. - Mar. 2017 Home Sales% change (Total Home Sales)Jan. - Mar. 2018 Median Sales PriceJan. - Mar. 2017 Median Sales Price% change (Median Sales Price)
Sodus Point45-20%$113,844.22$86,144.5032.2%
Williamson1118-38.9%$105,000$87,50020%
Sodus1320-35%$100,000$66,941.4449.4%
Marion13944.4%$97,900$90,0008.8%
Newark2030-33.3%$85,950$85,0001.1%
Palmyra291952.6%$82,500$78,0005.8%
North Rose36-50%$70,000$80,820-13.4%
Red Creek220%$69,000$67,5002.2%
Lyons1116-31.3%$62,000$69,533.53-10.8%
Wolcott1315-13.3%$60,542.96$65,000-6.9%
Rose35-40%$59,900$57,0005.1%

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