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NEW WINDSOR NY REAL ESTATE MARKET REPORT | JANUARY 2014

By
Industry Observer

Current Housing Market Conditions

Update – February 11th 2014New Windsor NY Real Estate Market Report  January 2014

New Windsor NY Market Report

This is the current housing data for the January 2014 Housing Market in New Windsor NY

  • There are 129 single family homes currently on the market with 17 in short sale or bank owned status.
  • The average list price is $277,855 (ranging from $58,000 to $849,900).
  • The majority of homes are in the $200,000 to $400,000 price range, with only 4 homes listed above $500K.
  • There are 20 homes currently under contract
  • In the month of January 2014 there were 3 homes that transferred title
  • The average selling price was $152,500
  • These homes were spending an average of 20 days on the market
  • In the last twelve months there were 141 closed sales with an average sold price of $224,600 spending an average of 115 days on the market.

The New Windsor NY single family absorption rate shows a 10.97 month supply and we remain in a buyer’s market. With only three sales for the month of January the numbers for sales and average pricing is a bit difficult to interpret. While closings may have been limited, the volume of clients out looking during the bad weather was definitely on the rise. Prices remain consistent and buyers are out looking for well priced homes in the area. Nasty weather did not seem to keep out lookers as bookings for seeing my listings did  not slow down. Many new construction buyers were out wanting info and seeking open houses when possible.

NEW WINDSOR NY REAL ESTATE MARKET REPORT | JANUARY 2014

Originally posted at  "New Windsor NY Real Estate Market Report January 2014" by Janis Borgueta of Key Properties of the Hudson Valley. 

Comments (3)

Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Janis,  always enjoy viewing information on other communities.  Thaks for sharing with us.

Feb 18, 2014 04:43 AM
Barbara Altieri
Better Homes and Gardens RE Shore and Country Properties - Shelton, CT
REALTOR-Fairfield County CT Homes/Condos For Sale

Janis -- Those three homes must have been priced attractively and prepared well for showing. 20 DOM average. Super!  Yes, it is hard to interpret a small dataset. You have provided valuable information to buyers and sellers New Windsor NY.

Feb 18, 2014 06:30 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Janis I always enjoy your Market Report, hope all the snow has not stoped Sales Activity in New Windsor NY! Endre

Feb 19, 2014 03:43 PM