Dutchess County NY attached home sales in August 2017

By
Real Estate Broker/Owner with JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 10491201242

Dutchess County NY attached home sales

 

The Dutchess County attached home sales in August 2017 increased slightly over the same time last year by two sales.

At the same time, both the average and median price fell as shown in the chart below.

The number of days attached homes were on the market before selling improved significantly over last  August, these homes took twenty-three fewer days to sell.

Inventory fell to the lowest level in twelve years, at the same time purchase offers increased.

The absorption rate is now down to 3.60 months.

 

 

Comparison Dutchess County NY real estate in August (attached homes)



Data considered

August 16

July  17

August 17

Avg. Price

$ 231,702

$ 192,011

$ 203.010

Median Price

$ 225,000

$ 196,000

$ 194,900

# of Sales

      51

        49

      53

Days on Market

    101

        82

      82

Inventory

    279

      221

    199

Absorption rate

   4.47

      4.51

   3.60

Purchase offer

       38

      53

       48

 

        

          

         

 

 

 

 

 

Graphs of Dutchess County NY attached home sales activities in August 2017

 

Dutchess Countu NY attached home price August 2017

 

Dutchess County NY attached home sales in August  2017

 

Dutchess County NY real estate inventory

 

Dutchess County NY attached homes DOM

 

More information on Dutchess County NY attached and detached home sales can be found at Dutchess County home sales rose slightly in August 2017

 

Data used in the preparation of this report was obtained from the Mid Hudson MLS.

 

 

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
New York Dutchess County
Tags:
dutchess real estate
dutchess county home sales

Spam prevention
Show All Comments
Rainmaker
3,373,401
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Jennifer. May "thinventory" not damage your market. Enjoy your day!

Oct 01, 2017 05:22 AM #1
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
1,654,047

Jennifer Fivelsdal

Mid Hudson Valley real estate connection
Call today for help with your real estate need.
*
*
*
*
Spam prevention