2015 Real Estate Market Update
2015 has been another successful year in real estate in the North Country (Clinton, Essex, and Franklin Counties) with dollar sales for residential properties up 2.7% from 2014 to $217.6MM. The total number of houses sold was also up across all three 3 counties by 5.4% to 1094 units.
Clinton County residential sales were only -3.3% lower in 2015 than the previous year, with the number of homes sold up 4% to 552. The average price of a home sold in 2015 was $146,639.
Essex County residential sales were -9.6% lower in 2015 than 2014, with the number of homes sold up 4% to 244. The average price of a home sold in 2015 was $290,279.
Franklin County, because of few major property sales, had a 32% increase in residential sales dollars. The number of homes sold increased 9% to 298, and the average price of a home price was $220,919.