Market Report – Year-end 2021
Like the rest of the nation, the North Country real estate market thrived in 2021. The average sale price in Clinton and Essex counties have increased significantly with low inventory being the primary driver, this is illustrated in the attached sales volume chart. The 4th quarter stats suggest the market may be beginning to plateau, primarily in Essex and Franklin counties. Clinton County buyers continued to be bullish in the 4th quarter resulting in a record ASP of $225,500. We expect Omicron to impact the 1st and 2nd quarters of 2022. Inventory remains low, and while there are still buyers >>More
Holiday Classic 2021
Fesette Realty is pleased to announce that, once again, our brokerage is sponsoring the Clinton Community College Holiday Classic. Games will occur on December 27th & 28th at Clinton Community College. There will be 2 games back to back each evening, starting at 6pm. Get ready to support your local community & mark your calendars now. More details to follow!
Fesette Realty Welcomes Lloyd Carter to their Team
Veteran salesperson Lloyd Carter has joined Fesette Realty’s team of Top Producing agents. Lloyd has been in sales for over 30 years, the past fifteen selling real estate in the north country. Lloyd is a lifelong resident of our community and has served numerous charitable organizations over the years. “Lloyd is a welcomed addition to our sales force and brings experience, integrity and work ethic to our brokerage. Lloyd exemplifies everything we look for in associates who join our team and I have no doubt his experience and knowledge will benefit the clients he provides service to”, said Neil Fesette, >>More
HOW’S THE MARKET?
Nearly everything that was forecasted in our 1Q2021 market update has come to pass over the past 6 months. Values have continued to increase due to a surplus of buyers in the market compared to the number of homes available for sale. Multiple offers on listed homes have been a common occurrence. No one has experienced a real estate market quite like the past 18 months; it’s been truly amazing to watch unfold. The increases in the north country region have been significant which begs the questions: How long can the upward trend in volume and values continue and will there be a >>More
Fesette Realty Hosts Coffee with a Cop
Fesette Realty hosted Coffee with a Cop with the Plattsburgh City Police Department. We are grateful for the work they do to build trust & strengthen our community. Fesette Realty would also like to thank our property manager, Chris King, for arranging the event & for his 24 years of service with the City Police.
Betty Little Arts Park – Grand Opening
The City of Plattsburgh celebrated the grand opening of the Betty Little Arts Park this past weekend. It was a remarkable day for art in the North Country. Fesette Realty distributed copies of the Mural Map at the event. The maps were created in collaboration with Outside Art: Plattsburgh Public Art Project We encourage everyone to visit the park named after former US State Senator, Betty Little, an avid supporter of the arts in our region! For digital copies of the Plattsburgh Mural Map, please email jodi@fesetterealty.com
Market Report – 1Q2021
Real estate volume for the first quarter of 2021 in Clinton, Essex and Franklin counties was eye popping to say the least with record volumes in all three counties. The bull market that began toward the end of 2Q2020 propelled through the end of last year and has clearly continued into 2021. The trends of pent-up demand, low inventory and low interest rates are the most likely causes of the market run up but there are other factors at play. As I have reported in past updates, the north country is seeing an uptick in buyers from outside our area >>More
Gus’ Red Hots
Fesette Realty is pleased to announce the purchase of beloved landmark restaurant, Gus’ Red Hots, by locals, Rob Steele and his wife, Jennette. They aim to carry on the legacy left by the previous owners, the Lambrinos family. Rob and Jennette have a tentative opening date of late April to early May. While they intend to preserve the character of Gus’, they also aspire to add: -A large front deck for outdoor seating -A side quick serve snack shack for food and ice cream with seating -New add-ons to the current menu along with specials Rob and Jennette hope to >>More
