Taft Street Realty is happy to present our weekly Ulster County NY real estate market report! Looking at the number of homes that have sold or are pending can give an indication of the current state of the local market. Many different factors can influence home sales, particularly when analyzing them on a weekly basis. These market reports present solid data and allow the reader to draw their own conclusions!
The pending ratio is on the lower side this week which can be a negative indicator. The absorption rate has been on a steady increase in recent weeks however, which is a positive sign. Looking at the sales numbers on a weekly and monthly basis can be a valuable tool for monitoring the local real estate market. Check in next week for the Ulster County NY real estate Market report from Taft Street Realty!