The rivertowns are a collection of small towns and villages situated on the western banks of the Hudson River. The rivertowns are among the most special and sought after locations in the lower Hudson Valley and include Palisades, Sneden's Landing, Piermont, Upper Grandview, Grand View, South Nyack, Nyack, Central Nyack and Upper Nyack. Located about 15 minutes north of Manhattan, the rivertowns are perfect for those looking to live in a beautiful, diverse and convenient location with easy access to Manhattan, Connecticut and Westchester.

Here is a market update comparing the year-to-date statistics for the first two quarters of 2009 to the first two quarters of 2008.

2Q 2009 YTD vs. 2Q 2008 YTD - Single Family Homes
New inventory (the number of homes going on the market) decreased 8.8% (135 YTD 2009 vs. 148 YTD 2008). There was a 56% decrease in the number of sales (19 YTD 2009 vs. 43 YTD 2008).  The average sales price of homes that have sold decreased 18% to $557,466. Overall, the average sales price for single family homes that have sold in Rockland County (inclusive of the river villages) was $438,084, down 14.5% over the same period last year.

2Q 2009 YTD vs. 2Q 2008 YTD - Condos
New inventory (the number of condos going on the market) decreased 18.4% (62 YTD 2009 vs. 76 YTD 2008). The number of sales increased 0% (20 YTD 2009 vs. 20 YTD 2008). The average sales price of condos that have sold decreased 1.9% to $466,500. Overall, the average sales price for condos that have sold in Rockland County (inclusive of the river villages) was $281,419, down 3.2% over the same period last year.

Following is the list of homes that sold in the Rivetowns during the month of August:

Style Location Address Bedrooms Baths List Price Sale Price
Two Story C. Nyack 10 Central AV 3 2 239,000 210,000
BiLevel U. Nyack 303 Highmount Ter 3 1.2 549,900 530,000
Condo Nyack 3 Main St #801 4 4.1 1,100,000 960,000
Condo Nyack 3 Main St #302 2 2 409,000 400,000
Colonial Nyack 68 Summit St 4 2.1 395,000 430,000
Two Story Nyack 9 S Mill St 3 1.1 329,000 310,000
Contemporary U. Grandview 21 Tweed Blvd 4 4.1 2,150,000 1,950,000
Contemporary U. Grandview 1118 Rt 9W 4 4.1 1,375,000 1,200,000
Condo Piermont 50 Gair St 2 2 479,900 450,000
Cape Cod Piermont 405 Valentine Ave 3 1 399,000 391,000
Condo Piermont 28 Roundtree 2 1.1 255,000 230,000
Ranch Palisades 28 Horne Tooke Rd 2 1.1 414,500 400,000
Ranch Palisades 4 Indian Hill Ln 2 2 390,000 420,000

Visit my website at http://www.donnacox.com/ to see a wonderful selection of homes for sale in Rockland County and the Hudson Valley Rivertowns. Or, give me a call on 845-641-8613; I'd love to hear from you.

Donna Cox
Associate Broker
Better Homes and Gardens Real Estate | Rand Realty

 

 
This post has been included in New York Real Estate News Rockland County, NY Real Estate News
Post is included in group: Posts to Localism

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