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Homes for Sale Milan NY - December 2008 Market Report

By
Real Estate Agent with Berkshire Hathaway Home Services Hudson Valley Properties

 View Milan NY

  

Things were quiet in the Milan, NY real estate market in December.  Following are the statistics for Milan New York real estate provided by the Mid Hudson MLS system.   

  • Active Listings = 22.  One of those listings was new in December and one listing had a price reduction.
  • Pending Sales = 1 
  • Solds/Closings = 0  There were no closings in December. 
  • Highest price listed = $2,850,000
  • Lowest price listed = $219,000
  • Avg. Price listed     = $652,230 (skewed by highest price listed)

 

  • The average days on market in Milan for December was 175 days or about 6 months

 

Milan is a great place to live full time or to have a weekend home.  Milan is very convenient to the Taconic State Parkway making a weekend drive up from New York City an easy drive.

 

If you are looking for a full time home or a weekend home now is a great time to buy.  

Interest rates are the lowest they have been in many years and prices in Northern Dutchess County have come down in the past year.  

 First time home buyers can now find nice family homes for under $275,000 and there is the

first time home buyer credit available for $7,500.   If you are thinking of buying a home now is a great time to look!

 

Check out the Featured Listings on my web site and do an MLS search and look at all the great possibilities.  Then, give me a call at 845-224-5238 and we can get started finding you the home of your dreams.

Disclaimer:  The information provided herein is supplied by Diana Corcoran and is subject to change without notice.  The "Rhinebeck/Red Hook Real Estate Blog by Diana"  does not guarantee or is any way responsible for its accuracy, and provides said information without warranties of any kind, either express or implied. Entries on this blog represent the opinions and ideas of the author.   

Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Here is hoping sales will pick up.  wWth low rates and first time buyer incentives if some one is in a position to buy it would make sense do do it now.

Jan 08, 2009 06:28 AM
Diana Corcoran
Berkshire Hathaway Home Services Hudson Valley Properties - Rhinebeck, NY
Rhinebeck Real Estate

I think you are right, Jennifer and now it is our job to spread to the word about the First Time Buyer Tax Credit and the great interest rates!

Jan 09, 2009 07:24 AM