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Cayuga County home sales increase in third quarter

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Home sales

After a slower first half, the housing market in Cayuga County heated up during the third quarter of 2017, according to the latest figures from the Greater Rochester Area Association of Realtors.

Cayuga County had 193 closed sales during the July-September period, an increase of 5.5 percent compared with the same quarter of 2016. The median sales price of $125,000 was up 8.2 percent for the quarter.

Year-to-date closed sales in Cayuga County are now at 450, down 0.9 percent from the total at the same point a year ago. The median sale price, at $111,000, is up 5.7 percent.

For the region, which includes 12 counties, closed sales through the end of the third quarter were down 2.9 percent, with the median sales price of $130,500 up 4.4 percent.

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