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Market Update on the Hudson Valley River Towns - Palisades, Piermont, Grandview, Upper Grandview, South Nyack, Nyack, Central Nyack and Upper Nyack

By
Real Estate Agent with Better Homes and Gardens Real Estate - Rand Realty

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. 

November 2007 vs. November 2006 YTD - Single Family Homes
New inventory (the number of homes going on the market) increased 3% (258 YTD 2007 vs. 250 YTD 2006). The number of sales increased 6% (121 YTD 2007 vs. 114 YTD 2006).  The average sales price decreased 1.6% to $789,843. Overall, the average sales price for single family homes in Rockland County (inclusive of the river villages) was $557,907, up 0.5% over the same period last year.

November 2007 YTD vs. November 2006 YTD - Condos (Including townhomes and co-ops)
New inventory (the number of condos going on the market) decreased 16% (123 YTD 2007 vs. 147 YTD 2006). The number of sales increased 21% (64 YTD 2007 vs. 53 YTD 2006). The average sales price increased 13% to $528,896. Overall, the average sales price for condos in Rockland County (inclusive of the river villages) was $309,187, down 4% over the same period last year.

 

Visit my website at http://www.donnalcox.com/ to see a wonderful selection of homes for sale in Rockland County.

Donna Cox
Prudential Rand Realty