Find out how the Southern Tier and Finger Lakes market is performing.
We’re about halfway through the year, so I thought it would be a great time to review the real estate market in our area. A few reports have come out recently that might challenge what you think about our market. Here are the numbers you need to know:
Southern Tier Market Overview
- Regions Included: Horseheads, Elmira, Big Flats (16 zip codes in Chemung County)
- Balanced Market Indicator: Typically around 600 units
- Current Listing Count: 286 homes (up 39 from last month)
- Pending Listings: 174 homes
- Active Listings: 115 homes
- New Listings (last month): 80 homes
Corning Area Market Overview
- Current Listing Count: 299 homes (60 more than last year)
- Active Listings: 153 homes
- Pending Listings: 152 homes
- New Listings (last month): 80 homes
“I believe numbers are important because they provide insights into what our community is doing.”
Attica Market Overview
- Current Listing Count: 299 homes
- Demographics: Similar to other regions in the Southern Tier
For those of you who are sellers thinking about waiting for interest rates to drop or for the summer to pass, the market remains very active. Interest rates haven’t discouraged buyers, especially those who have saved and are ready to purchase.
If you’d like to receive any of these reports, please give me a call or send me an email. I look forward to hearing from you!
