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Cold Spring & Philipstown 3rd Quarter Market Results

By
Managing Real Estate Broker with Howard Hanna Rand Realty License # 49FA1074963

If one were to do a heat map of population density for Westchester, Putnam and the Hudson Valley, they would discover an amazing fact about Philipstown- of all the river communities from Westchester to Poughkeepsie, Philipstown -including Cold Spring and Garrison- is the least populated and perhaps most pastoral river town for 60 miles. 

That's a good thing. That's a great thing. That means you can live on the Hudson line, commuting distance from New York City, close to the river, but not be in a crowded place. 

Philipstown has two school districts, and this market report for the 3rd quarter of 2011 will center on Haldane schools. Garrison will be forthcoming. Haldane includes the Cold Spring post office, which is mostly the village of Cold Spring, neighboring Nelsonville, and the town of Philipstown. 

For the 3rd quarter of 2011, Cold Spring and the surrounding area had 9 single family homes closed at a median price of $459,000. 

Two homes are under contract at a median lst price of $239,900. 

57 homes are available with a median asking price of $549,000. 

Buyers have incredible choices. There is village living in Cold Spring, or an outstanding, more pastoral lifestyle in Philipstown with Cold Spring close by. But more than just that, the high inventory makes this a unique opportunity for buyers seeking quality of life at enticingly affordable levels. I seldom speak in superlatives. But the facts are hard to argue. Buyers are in a great position, and the options before them in Philipstown are awesome. 

One good example is this home in Philipstown. It is a 4 bedroom ranch on a private 8 acres with its own pond- stunning! It is only $499,000. Click on the photo for more details, or for a walk through video, scroll down. 

562 E Mountain RD North Cold Spring, NEW YORK 10516

Philipstown dream home

Not far away is the village of Cold Spring and all it offers. To see this and more home in Philipstown, register for a free Listingbook account and search the MLS database of homes effortlessly. 

Village of Cold Spring

Village of Cold Spring NY

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All content/images, unless noted, are the property of J. Philip Faranda & may not be used without permission
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Hi Phil - Wow you have loaded this post with everything!  A good market report, photos, video and SEO.  You my friend have covered all the basis with this post!

Nov 15, 2011 02:19 AM
Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

Great post, Phil!    If there is anyone who knows this area well, it's you!

Nov 15, 2011 05:50 AM
Dagny Eason
Dagny's Real Estate - Wilton, CT
Fairfield County CT, CDPE Homes For Sale and Condo

Thanks for being so helpful this morning.  Any buyer or seller who calls you will be the lucky ones!

Nov 15, 2011 05:50 AM
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

I like Philipstown, maybe because of the name of the town? Great market report, this sure looks like an excellent community for ones looking for a suburban home that is close to the city.

Nov 15, 2011 08:36 AM
Anne M. Costello
Weidel Realtors - Yardley, PA

Phil: Philipstown spounds wonderful and the ranch home you have showcased is vey inviting. Thanks for introducing me to a town on the Hudson Line I had never heard of. Looking forward to the next report.

Nov 15, 2011 10:19 PM
Valerie Duncan Stewart
(Metro First Realty) - Oklahoma City, OK
Real Estate Agent-Broker, OKC, OK

Phil,

Great post. Love the YouTube video, concise AND followed up with notes in case anyone misses the narrative! Perfecto!

Nov 15, 2011 11:33 PM