Special offer

They Got What? Rockland County Rivertowns Market Update-November 2013

By
Real Estate Agent with Better Homes and Gardens Real Estate - Rand Realty

As snow-shoveling season approaches, many people start to think about the benefits of condo living. In the River Villages we have condos, townhomes and co-ops to suit just about everyone – from first-time buyers looking for an affordable way to enter the real estate market to empty nesters looking to scale down in size but not in luxury. These properties offer many benefits. Often, people don’t have the inclination, ability or time to dedicate to regular home maintenance like outside repairs, lawn care, snow removal and other routine maintenance issues that come with owning a single-family home. Condo, townhome and co-op owners pay a monthly fee that includes, among other things, hiring outside services to manage these and other tasks. Many people also like the sense of community and security that having neighbors in close proximity offers. Other advantages are the amenities the complex may offer such as a pool, tennis courts or fitness center – perks you might not be able to afford or have room for in a single-family home. Weigh your options. A townhome, condo or co-op may just be the perfect choice for your next home. I wish you all a warm and wonderful Thanksgiving. With that, here are the homes that sold during the month of September.

Donna Cox Market Report on Rockland County Rivertowns

September 2013 Sales in the Rockland County Rivertowns

Here’s an overview of the Rockland County Rivertown real estate market for the first three quarters of 2013 as it compares to the same period last year.

3Q 2013 YTD vs. 3Q 2012 YTD – Single Family Homes
New inventory (the number of homes going on the market) increased 12.6% (214 YTD 2013 vs. 190 YTD 2012). The number of sales increased 11.3% (89 YTD 2013 vs. 80 YTD 2012). The average sales price of homes that have sold increased approximately 0.8% to $641,899. Overall, the average sales price for single family homes that have sold in Rockland County (inclusive of the river villages) was $431,567, up 3.2% over the same period last year.

3Q 2013 YTD vs. 3Q 2012 YTD – Condos
New inventory (the number of condos going on the market) increased 28.8% (85 YTD 2013 vs. 66 YTD 2012). The number of sales increased 45.8% (35 YTD 2013 vs. 24 YTD 2012). The average sales price of condos that have sold increased approximately 6.8% to $394,239. Overall, the average sales price for condos that have sold in Rockland County (inclusive of the river villages) was $241,100, up 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.

Donna Cox
Broker Associate
Better Homes and Gardens Real Estate – Rand Realty
46 S. Broadway Nyack, NY 10960
845-641-8613 (cell)

Comments (0)