Nicholas Politi
Hello and Happy Thanksgiving!
Hard to believe we are already down to the final stretch of the 2025 selling season. While this time of year is typically our shoulder season, September & October delivered one of the strongest fall markets we have seen in years.
New listings increased 28% year over year, pending sales were up 30.6%, and closed sales rose 15.3% which are all great indicators of continued buyer demand heading into winter.
Pricing remains strong across the Adirondack Park with the median sale price up 2.9% to $285,000 and the average sale price up 9% to $531,027. Inventory has grown as well up 18.3% giving buyers more to choose from, but competitively priced homes are still moving at a healthy pace.
As of Thanksgiving Merrill L. Thomas, Inc. has closed as of today $163,661,813 in real estate sales this year surpassing our entire 2024 sales total and now tracking toward our all time record of $178M dollars set in 2022. A strong late season surge especially in the lakefront and resort markets has certainly contributed to that success.
With just over 30 days left in this years selling cycle we expect momentum to continue as buyers look to secure Adirondack properties ahead of winter and before spring competition ramps up again. If you are considering selling in 2026 now is the perfect time to begin positioning your property for success.
I am truly grateful for our clients our colleagues and this Adirondack community that makes it all possible. Wishing you and your loved ones a warm happy and delicious Thanksgiving.
Warm regards,
Nick Politi
Related Topics:
Lifestyle
