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Central New York home sales dip by nearly 19% in October

A white house has a for sale sign in front of it.
Katie Zilcosky
/
WAER
A house is for sale in the city of Syracuse. March 22, 2023.

Central New York home sales dipped by nearly 19% in October compared to the same month last year.

The Greater Syracuse Association of Realtors (GSAR) says that slide is typical for the final months of the year.

New data also show median home prices cooled off, rising less than a half percent year-over-year to $226,000.

GSAR says that combination is good news for buyers because there’s more inventory on the market that’s within their budget.

Scott Willis covers politics, local government, transportation, and arts and culture for WAER. He came to Syracuse from Detroit in 2001, where he began his career in radio as an intern and freelance reporter. Scott is honored and privileged to bring the day’s news and in-depth feature reporting to WAER’s dedicated and generous listeners. You can find him on twitter @swillisWAER and email him at srwillis@syr.edu.