The year of the first-time home buyer continues with fervent energy. This past quarter was a busy one and the next quarter should show record growth as well.

The number of homes on the market decreased to 865 from 1,133, but the number of sold increased to 471 which represented 54%! The average sale price jumped as well to $286,011 from $269,116.

The days on market stayed fairly steady at 89 days. Sellers have been working harder to attract first-time buyers knowing the Nov. 30th deadline is approaching. The next quarter will reflect the final push for sales to first-timers. There is still a lot of inventory and sellers will likely consider reducing their price further to elicit last minute offers. Click here for tips for a speedy purchase if you're still hoping to meet the deadline!

The area searched for these statistics includes the city of Saratoga Springs, Town of Saratoga, Town of Ballston, Greenfield, Wilton, Milton, Schuylerville, Galway, Charlton, Moreau, Greenwich, and Clifton Park.

Would you like to see the stats from your town, neighborhood or street? E-mail me at mcartier@realtyusa.com and I’ll send you a customized report. Or, if you want a specific stat you think others might like to see please post a comment and I'll respond with the information.