April Showers

March 2009 - Update to this article.  Obviously, things did not turn around as we had hoped .... so this spring we watch and wait yet again.

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ROCKLAND REAL ESTATE MARKET REPORT

 


APRIL 2008 ~ Heres my current view of what the markets are doing.  These numbers are for listings and sales ALL OVER Rockland County, not just one specific town, but in my opinion they give a very good picture of what our local real estate market is doing.

Well here they are folks, hot off the press.  The March numbers. Ive been anxiously awaiting these numbers.  I checked every single day this month for the March figures.  It takes about 3 weeks for the figures to arrive from the previous month. 

and ..... drumroll please ¦ here they are. 

The good news is that almost across the board, weve seen improvement.  The bad news
of course is that we reall dont need any more inventory, but after all, it is only April. 
Keep in mind too that although we saw more properties close in January, those were
sales most likely made back in the fall. 

Therefore, in my view, this is a very positive sign!

Property Year Existing New Avg  Offers Sales Avg  Median % Avg
Type Month Inventory Listings List Price Pending Closed SP Sold Price SP/LP DOM
Houses Mar-08 1650 319 652,316 102 72 513900 462,500 96.4 115
Houses Feb-08 1558 264 662,952 98 62 488,364 436,500 94.7 137
Houses Jan-08 1569 290 655,138 75 81 563,806 475,000 94.8 123
                     
Condo Mar-08 513 120 342,618 36 25 278,612 290,000 94.3 141
Condo Feb-08 489 101 353,722 31 40 288,671 269,900 93.5 114
Condo Jan-08 444 85 344,954 34 38 252,605 249,000 94.1 116
DOM = Days on the Market before an offer came in          

Figures compiled from The Greater Hudson Valley Multiple Listing Service
March Monthly Comparision Report.
 


UmbrellaSo Let a smile be your umbrella, the suns beginning to shine !

It's wonderful to live in Rockland County
It's wonderful to visit Rockland County
It's wonderful to invest in Rockland County Real Estate


Call A Top Rockland Realtor Today!

Angela Fish Chan, Rockland Realtor
Rockland County Real Estate
145 Main Street
Nanuet, New York 1094 ~
(845) 624-3900

Rockland County Real Estate ~ "specializing in Nanuet"

 
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Angela Fish Chan, Broker/Owner

Nanuet, NY

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Rockland County Real Estate

Office Phone: (845) 624-3900

Cell Phone: (914) 420-7500

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