Empire State median home price continues to grow as inventory shrinks

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    By New York RealEstateRama -

    Albany, NY – March 21, 2013 – (RealEstateRama) — The New York State housing market sustained its ongoing recovery in February, posting a 4.8-percent growth in the statewide median sales price for existing single-family homes, condos and co-ops, according to the housing market report released today by the New York State Association of REALTORS. Year-to-date closed sales are 3.3 percent ahead of the 2012 start, despite a sales decline in February.

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