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rockland county market statistics: Your Home's Value: A Positive Trend? - 09/17/09 10:14 AM
As a realtor, and a Rockland County, NY resident, I am concerned about the value of my home, just like you are. I keep a close eye on real estate market trends, and negotiate hard for my sellers to keep all our house values up. Spotting trends early helps me respond quickly and effectively. In examining home sales statistics for Q2 2009 versus Q1 2009, I see more positive indicators than I've seen in quite some time. Hooray!
Homes sold in Clarkstown and Ramapo each saw a close to a 3% increase in median sold price. Orangetown also had a healthy increase … (0 comments)
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rockland county market statistics: Where are the weekly snapshots? - 01/28/09 09:44 AM
For the last six months of the 2008, I posted weekly market statistics for Rockland County. In preparing my 2008 year end real estate market report, I realized that a monthly overview would be a lot more compelling than a weekly report. It's easier to see trends with more information, and a high or low sale in any one week can really distort the numbers.
So, from now on, my weekly reports will provide details of the individual sales, and the monthly report will be a snapshot of the market as a whole. As always, if you are interested in finding … (0 comments)
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rockland county market statistics: Rockland County Real Estate Market Snapshot Week Ending 12/20/2008 - 12/21/08 09:17 PM
I am more than 12 hours late posting this blog entry. I usually put the weekly market snapshop up early on Sunday mornings. I am late today due to the holidays. That's all I'll say, because I'm tired. And just a bit cranky.
However, always the optimist, I am beginning to think that the spring real estate market in Rockland County may be busy. In the past couple of days, I've had three calls for CMAs, and two from new buyers. Pretty unusual this time of year. Makes me busier than usual, and I'm delighted to have people to help and business to … (1 comments)
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rockland county market statistics: Rockland County Real Estate Market Snapshot Week Ending 12/13/2008 - 12/14/08 08:09 AM
The big news this week is the potential for interest rates for new mortgage loans to drop to the mid-4's. In theory, that should bring buyers who are sitting on the fence into the marketplace. Good news for sellers in Rockland County. (And buyers, too!)
The mortgage professionals I've spoken with have said the number of calls they've received is up. It's too early to see if this will make any difference in the number of homes sold because takes a couple of weeks for homes show up under contract. The holidays are right around the corner, and many people are on … (2 comments)
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rockland county market statistics: Rockland County Real Estate Market Snapshot Week Ending 12/6/2008 - 12/07/08 10:27 AM
Happy Week's End. Or Happy Week's Beginning, if you're more of an optimist!
Once again this week, the active inventory of single family homes for sale in Rockland County NY is down -- by 10.6% since the end of October. Since last week, 77 listings or 6.2% of single family homes have expired, and fewer of them have relisted, indicating to me that homeowners are preparing for the holidays and will wait to put their homes back on the market until the spring. I'm hearing a lot of "waiting for the spring market" from both buyers and sellers. Buyers believe there will be better deals in … (0 comments)
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rockland county market statistics: Rockland County Real Estate Market Snapshot Week Ending 11/29/2008 - 11/30/08 08:24 AM
This week, there was a 13% drop in the average sale price for single family homes in Rockland County -- a pretty significant decline. Taking a look at the numbers behind the average, I see that the justifiably lower priced homes are selling (I say "justifiably lower priced" due to condition and location). Several of these homes were foreclosures.
The average sale price was 94.1% of list price, indicating to me that investors and bargain hunters are getting accepted offers. (The average sale price in my MLS this year is 94.8% of list. In 2007, the average sale price for the entire year … (0 comments)
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rockland county market statistics: Rockland County Real Estate Market Snapshot Week Ending 11/23/2008 - 11/23/08 08:52 AM
The number of single family homes on the market in Rockland County, NY has declined by 9.5% since the end of October, in my mind signaling the beginning of the traditional holiday slow down. This decline in the number of homes for sale also underlines the importance of serious sellers getting on the market now, as there are serious buyers out there, and less competition means a greater likelihood that your house will get an offer. (I have a relocation client coming to town this week and there is only ONE house to show them that fits their needs!)
Similarly, the number of … (1 comments)
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rockland county market statistics: Rockland County Real Estate Market Snapshot Week Ending 11/16/2008 - 11/16/08 06:27 AM
The numbers held steady this week in Rockland County, NY. I've added a new report metric, Price Revisions. I think it's important to watch over time how many homes are undergoing price revisions because it helps anticipate a trend in sales prices over the upcoming three months.
My strong sense is that in Rockland County, we have not seen the trough in the market in terms of valuation. Owners who want or need to sell in the next six to nine months would be wise to get their home on the market today, and make sure it's in the top 10% of … (2 comments)
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Jennifer Mallory Nyack NY Real Estate Broker Associate
Nyack,
NY
More about me…
Keller Williams Hudson Valley Realty
Office Phone: (845) 521-3135
Cell Phone: (845) 323-6247
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