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Hastings NY Real Estate Market Report September 2016

By
Real Estate Agent with William Raveis Legends Realty Group 30PA1082583

Sales

Hastings NY single family home sales in August were 16, unchanged from the same month last year. This is the highest unit sales have been since 17 in July, 2015. Sales/list price ratio in August moved down to 101.7% from 104.1% in July.

Prices

Median price in August was $786,000. This is up 1.3% from $776,000 in August of 2015. 3-month median price of $802,500 in August was up modestly from $746,500 in July and very slightly up from $799,500 in August of 2015. Price per square foot in August was $416. This is down from $459 in July but up from $392 in August of 2015.

Inventory

Inventory of 18 in August was down 18.2% from 22 in July and down 35.7% from 28 in August of 2015. New listings of 7 in August were down somewhat from 9 in July but up substantially from 5 in August of 2015. Months of supply of 2.8 in August was down a little from 3.4 in July and way down from 4.2 in August of 2015. This is the lowest months of supply has been since March, 2016. Market Time Days on

Market Time

Days on market of 35 in August was up modestly from 30 in July but down considerably from 52 in August of 2015.

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Comments(5)

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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Your part of New York is a wonderful part of the country - thanks for sharing! 

Sep 19, 2016 09:02 PM
Christopher Pagli
William Raveis Legends Realty Group - Tarrytown, NY
"I Stay Open Until You Close"

My pleasure, have a great day!

Sep 19, 2016 09:03 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in the area will appreciate this report.

Sep 19, 2016 09:08 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good Tuesday morning Christopher Pagli -

Your real estate knowledge beams in your real estate report of Hastings NY.  

Sep 19, 2016 11:24 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good Tuesday morning Christopher Pagli -

Your real estate knowledge beams in your real estate report of Hastings NY.

Sep 19, 2016 11:24 PM