How’s the market in Columbia County? January Recap

Eek we’re already 4 days into February!  Since we’re all sitting around trying to stay warm on the coldest day of the year, let’s take a look back at January with a quick end-of-the-month recap! 

Here's what’s happening in the market right here in Columbia County, NY

January stats 

• New Listings added =32

• New Pending = 22

• Homes Sold in Jan = 33

• Median Sales price in Jan = 700K

• Days on market = 68

• Homes sold within in the first 30 days on market 103.38%

For every new listing that came on the market in January, one was sold.  

• Current Inventory = 171 homes for sale 

• Median listing price of active listings = $599,900

Sellers:

Inventory is low, so if you need or want to sell in 2023, you have very little competition right now….No need to wait for the spring market, buyers are out looking now.   Homes priced right, properly marketed and well prepared are selling over asking within the first 30 days on the market.

 If you are curious about how much your home may be worth, DM me for a personalized market report.  You can also sign up for my FREE Seller Seminar on Saturday, February 25th at 10am in Chatham.

Buyers:

Deals may be found in listings that have been sitting on the market for a while.  

If you are frustrated by the lack of options, this is a great time to get organized:  get pre-approved or gather your proof of funds, get clear on your budget, and make a list of your wants and needs so you are ready when the right property comes to market. 

If becoming a homeowner is one of your goals in 2023, sign up for my FREE Homebuyer Seminar on Wednesday, February 15th at 7pm on Zoom.

Winter, spring, summer, or fall, I’m here to help you step into your real estate goals. Let’s Connect