Most recent Real Estate Stats from  Ithaca Board of REALTORS MLS:

Aug 2011 compared to Aug 2010—-> total closed sales +62%. Average sold price -21%. Total dollar volume sold +28%  Average days on market +25%!  Thank the 2010 tax credit for that.  (i.e. more listings sold but at lower prices and took longer to sell this Aug as compared to last Aug).

2011 YTD compared to 2010 YTD—-> total closed sales -2% and Average selling price -1%.  Total dollar volume sold -1% and Average days on market only  +12%.

The data relating to real estate sales comes from the Ithaca Board of REALTORS® Multiple Listing Service