New York State housing market sets sales record in 2016

Rising 10-percent above last year’s housing market, closed sales of residential properties set a new high-water mark of 130,486 in New York State during 2016, according to the annual housing market report released today by the New York State Association of REALTORS. The statewide median sales price also grew by 2.2 percent in 2016 to reach $235,000.


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The New York State Association of REALTORS (NYSAR) is a not-for-profit trade organization representing more than 56,000 of New York state’s real estate professionals. The term REALTOR is a registered trademark, which identifies real estate professionals who subscribe to a strict code of ethics as members of the National Association of REALTORS. These REALTORS are also members of the New York State Association of REALTORS as well as their local board or association of REALTORS.

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