New York State Real Estate in July: Sales Up 22% YoY, Inventory Down 46% YoY

Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.

For New York State:

Closed sales in July 2021 were 13,765, up 32.6% from 10,384 in July 2020.

Active Listings in July 2021 were 44,025, down 19.5% from 54,700 in July 2020.

Inventory in July was up 1.4% from last month, and up 13.5% from the record low in March 2021.