Syracuse is one of four housing markets recognized by National Association of Realtors.
Syracuse area avoids housing bust as sales rise
Friday, January 25, 2008
By Tim Knauss Staff writer
The National Association of Realtors pointed to Syracuse Thursday as an example of a healthy real estate market that is bucking the national trend of falling prices and slower sales.
The number of home sales in greater Syracuse increased 11 percent in December, compared with December 2006. That contrasts with a 22 percent decline in sales nationwide.
continue reading:
Syracuse.com
Statistics:
Nationwide
-prices fell 1.4 percent in 2007 to $218,900, down from $221,900 in 2006
-the number of homes sold fell 12.8 percent in 2007,
Syracuse market
-prices rose 3.4 percent to $120,000 in 2007, up from $116,000 in 2006
-7,896 sales in 2007, up 0.1 percent from 7,885 in 2006
Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. 
National Realtor Association listed Syracuse as having a healthy housing market
Linear Mode
