Home Sales on the Rise in Rochester
Home sales rose in the third quarter in the Rochester area according to The Greater Rochester Realtors Association.
The Realtors Association says sales rose seven percent and median home prices increased by eight percent over the same period last year.
The Realtors Association says there were 3,084 closings for the third quarter compared to 2,887 in the third quarter in 2011. Home values also rose during the third quarter from $123,000 to $133,000.
The Realtors Association also says there was a four percent decline of homes that were put on the market as compared to third quarter last year.