Oxford Realty Associates

According the Greater Capital Association of Realtors (GCAR), as reported in the Capital District Business Review, the median price of homes in New York's Capital Region appears to be rising based on statistics released in July for June, 2010.  In Albany County the median price was up 4 percent, to $209,700.  In Rensselaer County the median price remained substantially unchanged at $171,900.  In Saratoga County; the median price was up 5 percent to $253,500, and in Schenectady County, the median price was up 13 percent to $165,000.

Sales in the month of June also increased by a whopping 34% over June, 2009, but this was strongly influenced by the Federal Tax Credits. For more information, check out the article in The Business Review (Albany).

You can get a good idea of what your house is worth by searching the MLS for property similar to yours, or contact Oxford for a free market value analysis. When you're ready to sell, our years of experience, will help you determine a sale price that will attract buyers and maximize your return. 

Talk to us about listing your home and either trading up or down sizing.  Check out our Buying A House for more information.  Check out our favorite lenders, or the lender of your choice and see how low the mortgage interest rates are.  Play with the numbers and see what you can afford. 

In other news, the most recent Cost vs. Value survey, prepared annually by Remodeling Magazine, shows that nationally, only the replacement of the front entry door netted a return in excess of cost.  Contact Oxford to discuss what this means to you as either a buyer or a seller.

We can help you find your perfect home anywhere in the area.