Otsego County Real Estate Market Sees Sales Increase

The Otsego County market showed healthy signs in this week's report, as the number of home sales climbed 33.3%, pushing the total to four homes sold over the last 30 days. Within the same time period, Albany County had 269 sales, the most of all counties in the area. Months of inventory continued a steady fall, trending downwards for eight weeks to reach 16 months. Despite the uptick in sales, the large amount of remaining inventory indicates that Otsego County is still a definite buyer's market.

Being aware of new listings is a great exercise in finding the right home so take a look at these in Otsego County:

$159K   $2M   $199K  

Get started right now by checking out Otsego County homes for sale or reviewing Otsego County real estate trends.

Demographic facts for Otsego County:

  • The median age of all homes is 55.
  • The average snowfall is 82.1 inches per year. (U.S. average: 25)
  • The rating in which jobs are expected to grow is 42. (Scale: 1 = Worst, 100 = Best)
  • Schools spend an average of $8,766 for each student in this area. ($5,691 = national average)

Data reported through 10/12/2016

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