Real Estate: Home sales rising in GLOW region despite lower supply | Top Story
Home sales in the Greater Rochester region were close to pre-pandemic levels in the first half of 2021, although there were far fewer homes coming on the market. Medina sales prices continued to grow through the first six months of the year, according to the Greater Rochester Association of Realtors.
The four-county GLOW region was mirroring that trend, with home sales up more than 20% in the first six months of 2021, compared to the same period a year ago. The average sales price was up nearly $34,000, or more than 22%, according to data from GRAR.
“As we look at the data for the first half of 2021, it’s important to note that many key 2020 metrics, such as closed sales, were greatly affected by the pandemic shutdown,” GRAR President Lanie Bittner…