The Nyack Villager is back from a much-needed summer hiatus. As such, this month’s article will simply highlight sales that occurred May-July and an overview of current market conditions. They Got What?! will resume its regular format in October. I hope you all had a great summer! With that, here are all the homes sold in the Rockland County Rivertowns during May, June and July.
Here’s an overview of the Rockland County Rivertown real estate market for January-July 2013 as it compares to the same period last year.
July 2013 YTD vs. July 2012 YTD - Single Family Homes
New inventory (the number of homes going on the market) increased 8.8% (160 YTD 2013 vs. 147 YTD 2012). The number of sales increased 1.8% (57 YTD 2013 vs. 56 YTD 2012). The average sales price of homes that have sold decreased approximately 7.3% to $627,574. Overall, the average sales price for single family homes that have sold in Rockland County (inclusive of the river villages) was $416,067, down 0.1% over the same period last year.
July 2013 YTD vs. July 2012 YTD - Condos
New inventory (the number of condos going on the market) increased 29.6% (70 YTD 2013 vs. 54 YTD 2012). The number of sales increased 4.0% (26 YTD 2013 vs. 25 YTD 2012). The average sales price of condos that have sold increased 1.4% to $374,515. Overall, the average sales price for condos that have sold in Rockland County (inclusive of the river villages) was $231,646, up 3.6% over the same period last year.
What are the Hudson Valley Rivertowns in Rockland County? The rivertowns are a collection of small towns and villages situated on the western banks of the Hudson River. The rivertowns are among the most special and sought after locations in the lower Hudson Valley and include Palisades, Sneden’s Landing, Piermont, Upper Grandview, Grand View, South Nyack, Nyack, Central Nyack and Upper Nyack. Located about 15 minutes north of Manhattan, the rivertowns are perfect for those looking to live in a beautiful, diverse and convenient location with easy access to Manhattan, Connecticut and Westchester.
For more information on what’s happening in the Rivertowns and the Rockland County Real Estate market, give me a call on 845-641-8613 or visit my website www.DonnaCox.com and click “Contact Me.” I’d be delighted to speak with you.
Click Here to visit a virtual open house of all the great homes I am currently marketing.
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