The statistics shown below were taken from the Ulster County Multiple Listing Service.
Comparing sales from January 1, 2010 thru April 24, 2010 with sales from the same time period in 2009, there has been an increase of 70 homes sold, a 31.5% increase. The average sale price increased from $232,509 to $241,285, a 3.7% increase. The median sale price increased from $190,000 to $209,120, a 10% increase. Sales increased in every price category, except for sales of homes over $1 million.
Comparing sales from January 1, 2010 thru April 24, 2010 with sales from all of 2009, the average and median sale prices were almost exactly the same.
When you compare sales for the January 1, 2010 thru April 24, 2010 with sales from 2008, there have been appreciable drops in average and median sale prices. The average sale price dropped from $288,758 to $241,065, a 16.6% decrease. The median sale price dropped from $239,200 to $209,120, a 12.6% decrease.
The average and median sale price for 2010 is slightly lower than what it was in 2004! But with prices remaining fairly stable for the past year and four months, perhaps we have hit the bottom of the market.
|
Year |
Number of |
Average sale |
Median sale |
|
|
units sold |
price |
price |
|
2001 |
660 |
$170,241 |
$137,000 |
|
2002 |
1544 |
$185,400 |
$150,000 |
|
2003 |
1526 |
$216,119 |
$180,000 |
|
2004 |
1786 |
$250,572 |
$215,000 |
|
2005 |
1883 |
$279,239 |
$245,000 |
|
2006 |
1657 |
$283,288 |
$247,000 |
|
2007 |
1563 |
$300,742 |
$250,000 |
|
2008 |
1200 |
$288,758 |
$239,200 |
|
2009 |
1184 |
$241,065 |
$209,000 |
|
2010 YTD |
292 |
$241,285 |
$209,120 |
|
Year |
Number of |
Average sale |
Median sale |
|
1/1/10 - 4/24/10 |
units sold |
price |
price |
|
|
292 |
$241,285 |
$209,120 |
|
Low sold |
23,500 |
|
|
|
High Sold |
1,500,000 |
|
|
|
0-$100,000 |
36 |
|
|
|
$101K - $200K |
101 |
|
|
|
$201K - $300K |
82 |
|
|
|
$301K - $400K |
39 |
|
|
|
$401K - $500K |
20 |
|
|
|
$501 - 1mill |
13 |
|
|
|
1mill + |
1 |
|
|
|
% over $500K |
4% |
|
|
|
Year |
Number of |
Average sale |
Median sale |
|
1/1/09 - 4/24/09 |
units sold |
price |
price |
|
|
222 |
$232,509 |
$190,000 |
|
Low sold |
30,500 |
|
|
|
High Sold |
1,300,333 |
|
|
|
0-$100,000 |
35 |
|
|
|
$101K - $200K |
85 |
|
|
|
$201K - $300K |
58 |
|
|
|
$301K - $400K |
24 |
|
|
|
$401K - $500K |
7 |
|
|
|
$501 - 1mill |
10 |
|
|
|
1mill + |
3 |
|
|
|
% over $500K |
6% |
|
|
|
Year |
Number of |
Average sale |
Median sale |
|
1/1/08 - 4/24/08 |
units sold |
price |
price |
|
|
304 |
$291,228 |
$237,250 |
|
Low sold |
20,000 |
|
|
|
High Sold |
1,493,500 |
|
|
|
0-$100,000 |
15 |
|
|
|
$101K - $200K |
88 |
|
|
|
$201K - $300K |
102 |
|
|
|
$301K - $400K |
50 |
|
|
|
$401K - $500K |
22 |
|
|
|
$501 - 1mill |
21 |
|
|
|
1mill + |
6 |
|
|
|
% over $500K |
9% |
|
|
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