Greater Binghamton Association of REALTORS,® Inc. Announces 2017 Annual Closed Housing Sales Up

Greater Binghamton Association of REALTORS,® Inc. Announces 2017 Annual Closed Housing Sales Up

The Greater Binghamton Association of REALTORS,® Inc. is pleased to announce that 2017 annual Closed Housing Sales were up 9% compared to 2016 and 34% to 2013. In addition for 2017 versus 2016, Days on Market were down almost 7%, and the Median Sales Price was up almost 2%. The Affordability Index sits at 2.64, which indicates the average household income of our area is 2.64 times what is needed to qualify for the median-priced house purchase.

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