Town of Newburgh NY Housing Update

By
Real Estate Agent with Key Properties of the Hudson Valley NYS DRE #40BO1055114

October 2014 Housing Market

Town of Newburgh NY is showing a decrease of inventory for the month of October. Lower inventory and rising prices is something to watch carefully. The number of homes sold in October of this year and last year is about the same, The pricing of homes is not drastically different, although a slow and steady increase is a nice thing to see. A home in good condition will always sell more quickly than those that need updating or a home showing deferred maintenance. If inventory continues to fall, buyers will miss out on the many opportunities available now.

      Town of Newburgh NY Home Sales of Single Family Homes:

  • There are 236 single family homes for sale (down 8.17% from previous month)
  • 36 new listings came on the market in October.
  • The average list price was $321,505  ranging from $45,00 to $2,995,000
  • There are 50 homes currently under contract. 12 of those homes went under contract in October
  • In October the Town of Newburgh had 21 properties that transferred title.

More information and the complete article can be found here:

Town of Newburgh NY Real Estate Market October 2014

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You will want more detailed information on your own neighborhood where you are looking to buy or sell. Let me help you navigate the massive amounts of information on the internet.

published by: your real estate expert Janis Borgueta Key Properties of the Hudson Valley as a community service in Newburgh NY. To receive more real estate information please subscribe to this blog. 

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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Hi Janice, Thanks for the recap on the Newburgh real estate market. I hope you have a lovely Thanksgiving celebration.

Nov 25, 2014 09:38 AM #1
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Janis, great update on Newburgh's real estate market and think this time of year usually sees a decrease of listings.  We sure are seeing that!   

Nov 25, 2014 10:18 AM #2
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Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Janis Borgueta  You are the agent in the know in the Town of Newburgh Ny . Buyers and sellers would be wise to call you when looking to make a move 

Happy Thanksgiving

Hannah

Nov 25, 2014 11:39 AM #3
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Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Hi Janis, that market snapshot is a great way to get the information out to buyers.

Nov 25, 2014 12:22 PM #4
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Janis Borgueta

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