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Dutchess County Real Estate Market Report For May 2011
Dutchess County market report for May when compared to May 2010 showed a decrease in the number of single family homes sold by 7.5%, going from  to 106 to 98.
Most of the homes sold were under $400,000, only 20 where above that mark.  The least expensive home went for $29,100 and was a foreclosure in the City of Poughkeepsie.  The most expensive was in the Town of Washington, a home on 50 acres that was almost 5000 square feet; this home went for $2,250,000.
The report also showed an increase in days on market going from 132 last year to 159.  May's days on market was less than that of April by 8 days.  The number of months it would take to work off the present inventory (absorption rate) went up by a month.
In the chart below,  you will find more details on the real estate market in Dutchess County during May.
 Dutchess County Single Family Detached homes sold in May 2011 





Other Dutchess County Market Reports for May
Rhinebeck
Red Hook
Hyde Park
**Data for report obtained from Mid Hudson Multiple listing Services. Deemed reliable but not guaranteed.

 
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