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State realtor rep: Greene County home sales, prices rose; municipalities can opt into new tenant protections
Summary
Connor Gillis of the New York State Association of Realtors presented April 2025 market data for Greene County and summarized recent state housing policies — including a municipal opt‑in “good cause eviction” law, short‑term rental registry rules, and multiple state grant programs aimed at increasing housing supply.
Connor Gillis, a field representative with the New York State Association of Realtors, told members of the Greene County committee on June 16 that Greene County’s housing market showed year‑over‑year gains from April 2024 to April 2025: new listings were up about 13 percent, closed sales rose roughly 19 percent and the county’s median sales price was about $350,000.
Gillis said months of supply in Greene County stood at about seven months, noting that five to six months is generally considered a “healthy” market. He added that higher mortgage rates remain a statewide constraint; he cited a current mortgage rate of about 6.73 percent.
Why it matters: Gillis framed the county figures in the context of recent state budget actions that aim to expand housing and limit certain investor purchases. He summarized several provisions in the 2025 budget and related legislation that could affect municipal policy and local housing supply.
Among the statewide items Gillis described, the budget establishes a four‑year housing access voucher pilot to help households at or below 50 percent of area median…
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