Genesee County Local Market Update - November 2017
Posted by Jennifer L on
During the month of November in Genesee County the residential market actually saw a decrease in new listings. Year over year 2017 was down from 414 new listings in 2016 to 387 new listings in 2017 for a change of -6.5%. This decrease in new listings for the month of November brought the year to date from 6,643 in 2017 to 6,409 in 2017 which is a change of -3.5%.
Pending sales however for the month were up 8.6% to 405 pending home sale versus 373 in 2016. This brought the year to date pending sales to 5,113 for the year which is slightly down from 5,069 during 2016. Closed home sale saw a nice increase for the month up from 409 in 2016 to 425 in 2017 for a 3.9% increase. This increase still leave the number of closed home sale down 2.8% for the year…
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