I just pulled up the figures through our Multiple Listing Service for the first 4 months of sales in Oneonta School district compared to last year at the same time. Oneonta can be proud to say that we are not as effected as the rest of the country for real estate sales.
Our system shows that in 2008 we sold 31 homes vs 34 in 2007. The average days on the market was about the same at 158 days with the median sales prices increasing 4.8%!
The biggest hit was with investment (multiple families) properties. In 2007, there was 20 units sold vs only 8 in 2008 with the median price dropping 13%.
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