The statistics shown below were taken from the Ulster County Multiple Listing Service.
Comparing sales from January 1, 2010 through July 15, 2010 with sales from the same time period in 2009, there has been an increase of 160 homes sold, a 33.6% increase. The average sale price decreased from $240,296 to $235,503, a 2% decrease. The median sale price increased from $206,730 to $209,875, a 1.5% increase. Sales increased for homes in every price category, except for the lowest and highest priced homes, those priced under $100,00 and over $501,000.
When you compare sales for the January 1, 2010 through July 15, 2010 with sales from 2008, there have been appreciable drops in average and median sale prices. The average sale price dropped from $300,999 to $235,503, a 27.8% decrease. The median sale price dropped from $245,000 to $209,875, a 16.7% 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 a half, perhaps we have hit the bottom of the market.
| Ulster County Multiple Listing Sales Stats 1/1/2001 - 7/15/2010 | |||
| 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 | 636 | $235,503 | $209,875 |
| Year | Number of | Average sale | Median sale |
| 1/1/10 - 7/15/10 | units sold | price | price |
| 636 | $235,503 | $209,875 | |
| Low sold | 20,000 | ||
| High Sold | 2,150,000 | ||
| 0-$100,000 | 53 | ||
| $101K - $200K | 184 | ||
| $201K - $300K | 163 | ||
| $301K - $400K | 70 | ||
| $401K - $500K | 24 | ||
| $501 - 1mill | 17 | ||
| 1mill + | 2 | ||
| % over $1M | 0.003% | % under $300K |
78.10%
|
| Year | Number of | Average sale | Median sale |
| 1/1/09 - 7/15/09 | units sold | price | price |
| 476 | $240,296 | $206,730 | |
| Low sold | 23,500 | ||
| High Sold | 1,300,000 | ||
| 0-$100,000 | 61 | ||
| $101K - $200K | 174 | ||
| $201K - $300K | 132 | ||
| $301K - $400K | 60 | ||
| $401K - $500K | 19 | ||
| $501 - 1mill | 26 | ||
| 1mill + | 4 | ||
| % over $1M | 0.80% | % under $300K | 76.80% |
| Year | Number of | Average sale | Median sale |
| 1/1/08 - 7/15/08 | units sold | price | price |
| 461 | $300,999 | $245,000 | |
| Low sold | 20,000 | ||
| High Sold | 3,200,000 | ||
| 0-$100,000 | 28 | ||
| $101K - $200K | 174 | ||
| $201K - $300K | 200 | ||
| $301K - $400K | 93 | ||
| $401K - $500K | 46 | ||
| $501 - 1mill | 41 | ||
| 1mill + | 13 | ||
| % over $1M | 2.18% | % under $300K | 67.50% |
The following chart is broken down by Ulster County town, for the period January 1, 2010 through July 16, 2010. It lists the number of units sold, the average list price prior to sale, the average sold price, a comparison of these two figures, and the average days a listing is on market, beginning with the listing date and ending with the sold date.
Woodstock had the highest average list and sold prices for Ulster County, and the Village of Ellenville had the lowest average list and sold prices. Rosendale had the highest ratio of sold price compared to list price, and Ellenville had the lowest ratio. Marlborough had the highest number of days on market, and Hurley had the lowest.
| LIST TO SELL RATIO BY TOWN, January 1, 2010 - July 16th, 2010 | |||||
| TOWN | UNITS | AVERAGE | AVERAGE | % LIST | AVE. DAYS |
| SOLD | LIST PRICE | SOLD PRICE | TO SELL | ON MARKET | |
| Denning | 0 | $273,766 | 0 | ||
| Ellenville Village | 7 | $142,942 | $127,700 | 89.34% | 251 |
| Esopus | 34 | $194,844 | $183,840 | 94.35% | 240 |
| Gardiner | 22 | $323,572 | $312,231 | 146 | |
| Hardenburgh | 0 | $150,000 | |||
| Hurley | 41 | $264,590 | $248,571 | 93.95% | 131 |
| Kingston City | 90 | $174,345 | $163,416 | 93.73% | 186 |
| Kingston Town | 3 | $253,800 | $236,660 | 93.25% | 169 |
| Lloyd | 35 | $223,353 | $212,011 | 94.92% | 160 |
| Marbletown | 35 | $350,080 | $313,195 | 89.46% | 178 |
| Marlborough | 6 | $291,050 | $276,166 | 94.89% | 261 |
| New Paltz | 43 | $310,013 | $293,973 | 94.83% | 136 |
| Olive | 24 | $240,935 | $226,820 | 94.14% | 214 |
| Out of County | 67 | $277,726 | $259,300 | 93.37% | 214 |
| Plattekill | 14 | $229,364 | $213,600 | 93.13% | 187 |
| Rochester | 34 | $237,585 | $221,848 | 93.38% | 221 |
| Rosendale | 17 | $175,897 | $170,620 | 97.00% | 156 |
| Saugerties Town | 41 | $267,621 | $245,565 | 91.76% | 172 |
| Saugerties Village | 10 | $192,110 | $182,350 | 94.92% | 150 |
| Shandaken | 13 | $238,476 | $224,153 | 93.99% | 189 |
| Shawangunk | 8 | $287,943 | $279,159 | 96.95% | 140 |
| Town of Ulster | 35 | $190,525 | $180,775 | 94.88% | 182 |
| Wawarsing | 16 | $166,250 | $151,368 | 91.05% | 209 |
| Woodstock | 41 | $393,170 | $358,387 | 91.15% | 176 |
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