Ulster County Real Estate Statistics, January - October 2008 by Price Range

January 2008 - October 2008 Ulster County MLS Statistics by Price Range

The following statistics were taken from the Ulster County Multiple Listing Service (MLS). These statistics include all single-family homes sold in Ulster County that were listed on the Ulster County MLS. We will be comparing statistics from January thru October 2007 with the same period in 2008 for single-family homes in four price ranges:

$0 -$200,000 $200,000 - $400,000 $400,000 - $650,000 $650,000 - $1,000,000

 From 2007 to 2008, the percentage of homes listed that sold, declined in all four price categories. In addition, the higher the price range, the less chance that house sold in both 2007 and 2008.

· The percentage of homes listed that sold, for homes priced up to $200,000, decreased from approximately 48% in 2007 to 37% in 2008.

· The percentage of homes listed that sold, for homes priced between $200,000 and $400,000, decreased from approximately 40% in 2007 to 31% in 2008.

· The percentage of homes listed that sold, for homes priced between $400,000 and $650,000, decreased from approximately 34% in 2007 to 28% in 2008.

· The percentage of homes listed that sold, for homes priced between $650,000 and $1,000,000, decreased from approximately 27% in 2007 to 15% in 2008.

 From 2007 to 2008, the percentage of homes listed that expired, declined in all four price categories. Sellers were less willing to let their listings expire in 2008 than in 2007.

· The percentage of homes listed that expired, for homes priced up to $200,000, decreased from approximately 48% in 2007 to 43% in 2008.

· The percentage of homes listed that expired, for homes priced between $200,000 and $400,000, decreased from approximately 59% in 2007 to 49% in 2008.

· The percentage of homes listed that expired, for homes priced between $400,000 and $650,000, decreased from approximately 61% in 2007 to 59% in 2008.

· The percentage of homes listed that expired, for homes priced between $650,000 and $1,000,000, decreased from approximately 64% in 2007 to 58% in 2008.