If you take a look at the residential sales over the months following Hurricane Sandy, you can see that the storm definitely had an impact on the amount of homes being sold.  In November of 2012, home sales had dropped almost 15%.  The next month seemed to make up for the lack of homes being sold, with 244 home sales-an increase of over 34%.

 

realestatesiny_market_report_262

After December, however, there seemed to be a steady decline in the number of homes being sold.  By March of 2013, that steady decline showed up at 20% from the beginning of the year, with only 179 homes being sold. However, this seems to be rather normal for the number of homes being sold in March, though that number has been steadily decreasing over the past four years.

 

 

Looking back at the data from…

1797 Views, 0 Comments

Read Full Post