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2019 Real Estate Market Update

Posted on: February 27th, 2020 No Comments

Clinton County

2019 was a solid year for real estate in Clinton County with overall sales volume up 2% over 2018.  What’s more, sales volume in 2018 was stronger than normal with 12% growth over the previous year.

The final total for residential sales was $101,110,195 with 627 homes sold. The average sales price of a home was up 4% to $161,260. The seller’s market we have experienced throughout all of 2019 is anticipated to continue due to low interest rates and low supply amid the continuous demands for housing in our area.

Essex County

In Essex County, 331 homes were sold in 2019, which is over 5% fewer than the previous year. Residential sales dollars totaled $104,095,419 with the average sales price dropping slightly to $314,488.

Franklin County

In Franklin County, the 2019 residential sales total was $63,422,424, a 33% increase over 2018. There were 330 homes sold, with an average sales price of $192,189 (31% higher than 2018).

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