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Sunday, December 22, 2024

Penfield home prices fall in the first half of 2017

Realestate2

The median sale price of a home sold in the first half of 2017 in Penfield fell by $9,500 while total sales increased by 334.8%, according to BlockShopper.com.

From January through June of 2017, there were 200 homes sold, with a median sale price of $175,000 - a 5.1% decrease over the $184,500 median sale price for the same period of the previous year. There were 46 homes sold in Penfield in the first half of 2016.

The following table compares Penfield to other Monroe County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Riga9580%$203,000$239,000-15.1%
Fairport21731600%$186,000$165,00012.7%
Webster18740367.5%$178,400$185,450-3.8%
Grand View Beach30-$176,900$0-
Rush113266.7%$175,000$132,099.5532.5%
Penfield20046334.8%$175,000$184,500-5.1%
Churchville72250%$174,900$158,00010.7%
Brighton18131483.9%$172,500$160,0007.8%
Bailey52150%$159,900$148,7007.5%
Wheatland Center35-40%$150,000$110,085.4336.3%
Ogden Center6823195.7%$143,528.50$138,0004%

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