Pittsford, NY

According to Business First Pittsford's school district scores in English/foreign languages, science and social studies are Upstate's best, according to Business First's breakdown of test scores in those subjects from fourth grade through high school.

Introducing a new addition to the Homes for Heroes family!

It's time for another look inside the market in eastern Monroe County. Again, I collected information for sales in Brighton, Pittsford, East Irondequoit, Webster, Penfield, and Perinton in the past week. However, I decided to begin focusing my weekly reports on homes that went under contract rather than closed.

Why? Two reasons. First, many sold homes aren't recorded immediately upon closing, which means my numbers could end up being very skewed. And second, contracts are actually a better indicator of the current market conditions than closings. Closed homes could have gone under contract months ago, which doesn't reflect on which properties are moving now! Instead, at the end of every month, I'll look back on what sold in that month.

So, without further ado, here are the listings that went under contract this past week:

Three of the listings that went under contract were in Perinton, one was in Penfield, and one was in East Irondequoit. Surprisingly, three of the listings were priced over $200,000, and only two were in the under-$150,000 range that's being snatched up by first-time home buyers.

The days on the market tended to be longer for the over-$200,000 listings, except for the one in Penfield, which received an accepted offer after only 11 days.

I expect to see more contracts in the lower price ranges as the tax credits wind to a close. Buyers have less than 100 days left to take advantage of this amazing opportunity! If you or someone you know would like more information about the tax credits, don't hesitate to contact me!

*****

I am proud to help buyers and sellers in the Greater Rochester, New York area find the homes of their dreams. If you are considering purchasing or selling a home in the Rochester area, don't hesitate to contact me. I pride myself in providing the best possible service for my clients!

When you work with me...

Visit my website at www.YourNYDreamHome.com to learn more about the services I offer!

• Sellers: Find out how much your home is worth by requesting a FREE Home Evaluation!
• Buyers: Become a savvy consumer by requesting FREE Home Buying Tips!

Contact:
Kristen Wahl
Realtor Associate
(585) 455-5524
KWahl@RealtyUSA.com

Connect with Me On These Social Networks...

Thanks to our new MLS system, I now have access to better charts and statistical information. As a result, I've decided to begin posting some market information on a weekly basis. Every Friday, I'll compile information on the previous week's sales and post them here.

Because I do a large portion of my business in the eastern suburbs, I'll focus on the following areas: Brighton, Pittsford, Penfield, Webster, East Irondequoit, and Perinton.

Here are the statistics for this past week, as well as a chart showing the list price, sale price, and days on the market for the sold properties:

As the charts show, there were 13 single family homes that sold in Eastern Monroe County last week. The sale prices ranged from $106,000 for a small ranch in Perinton to $872,200 for a 3,600 square foot new build off of Clover Street in Brighton.

The average days on the market for the homes that sold this past week was 43. Again, the variation was large, with one home selling the day it hit the market and another taking over 4 months.

Finally, the average sale price to list price ratio was quite high at 98%. That goes along with my experience that when homes are priced right, buyers are willing to pay close to asking price! Typically, the longer a home languishes on the market, the less the seller nets in the end.

Overall, sales are beginning to pick up in the Rochester area, and I expect the Spring market to hit fairly early this year with buyers and sellers scrambling to take advantage of the tax credits. Let's see what next week brings!

*****

I am proud to help buyers and sellers in the Greater Rochester, New York area find the homes of their dreams. If you are considering purchasing or selling a home in the Rochester area, don't hesitate to contact me. I pride myself in providing the best possible service for my clients!

When you work with me...

Visit my website at www.YourNYDreamHome.com to learn more about the services I offer!

• Sellers: Find out how much your home is worth by requesting a FREE Home Evaluation!
• Buyers: Become a savvy consumer by requesting FREE Home Buying Tips!

Contact:
Kristen Wahl
Realtor Associate
(585) 455-5524
KWahl@RealtyUSA.com

Connect with Me On These Social Networks...

Home Buying 101

There is so much to consider when you are buying a home. First and foremost when you are planning to buy a home find a qualified agent that you will enjoy working with. Someone who listens twice as much as they talk and someone who is not spread too thinly so you get the one on one attention you deserve.

Secondly, get Qualified to buy a home. The last thing you want to do is end up unhappy in your new home because you are suddenly house-poor. Leave enough breathing room so you can continue to pay for all the things you like doing and having. Otherwise you will feel like a prisoner in your own home.

Next, enjoy the entire home buying process, take it all in and remember to have fun. Once you choose a home, here is how it ALL goes down: The agent negociates the offer, contracts are signed, a home inspection takes place and attorney approvals are in motion.

On the Buyer side you then have a mortgage application, the underwriting, loan approval and finally a closing. On the Seller side after attorney approval is the search, survey and then closing.

That my friends is Home Buying 101. If you are in need of Relocation assistance please feel free to contact me as I can help you find a qualified agent in any part of the country.

Kindly,

Darlene Masucci

585-734-9770

Hunt ERA Columbus Division

3330 Monroe Ave Ste 209

Rochester, NY 14618

http://www.darlenemasucci.com