7/15/2024
Young Jin’s Monday Market update for Clifton Park, NY June
2024:
(Market stats provided by Curtesy of Realtors Property Resource, LLC)
Wondering how the real estate market did in June 2024? Here’s the latest June
2024 market stats on Clifton Park NY! Real estate market is a local event and
it’s a very complicated event to say the least! It all depends on what is going
on in the region in terms of the job market and demographics etc.… Here’s a
quick market snapshot on Clifton Park NY! The absorption rate came in at 1.67,
which indicates that it takes just over 7 weeks to sell all homes on the
market! A normal balanced market would be at 5 to 6 months. List to sold price
ratio came in at almost 106% which indicates that most homes sold almost 6%
above the list price! Median days
decreased to 5 days, a decrease of 16.67% month over month! Median sold price rose
to $505,000, a decrease of 0.98% month over month. In summary, once again the
real estate market stats show that we are in a very strong seller’s market!
What does this mean to you? Excellent time to be a seller, for sure! Please
reach out to me if you want to know more about your options as a seller or
buyer. Thank you so much for reading my post!
#sinkoffrealtygroup #koreanrealtor
#realestate
Wish you good luck in your real estate journey,
Young Jin Chun
Licensed Real Estate Salesperson
Sinkoff Realty Group
Email: YoungJin@SinkoffRealtyGroup.com
Website: www.SinkoffRealtyGroup.com
Cell: (518)728-6591
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