Dutchess County NY attached homes

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 single-family attached homes March 2018 updates

 In the single-family attached homes market in Dutchess County NY (co-op, condo, and townhouse) there were 31 sales, one more than in March 2017, an increase of 3.3 percent.

Duchess County NY

There was an 11.3 percent increase in the average sale price, going from $168,296 in March 2017 to $187,335 this March.  An even bigger gain was recorded for the median sale price.  In March 2017 the median price was $130,000 and this March $194,000, this was an increase of 49.2 percent.

Dutchess County NY attached home price

Dutchess County NY single-family attached homes sold 30.5 percent faster this March.  The average days on market was 82 compared to 118 in March 2017. 

Dutchess County attached homes DOM

  

There was a decline of 25.3 percent in the inventory, going from 186 in March 2017 to 139 his March. It would take 4.48 months to work off the present inventory. 

Duchess County atached homes inventory

Purchase offers for Dutchess attached homes increased by 5.3 percent this March when there were 40 unis versus 38 units last March. 

The units sold ranged from a co-op for $32,500 to a condo for $350,000.

 

Dutchess County NY March 2018 home sales for attached homes

Data considered

Mar. 17

Feb.  17

Mar. 18

Avg. Price

$168,296

$ 182,744

$187,335

Median Price

$ 130,000

$ 150,000

$ 194,000

# of Sales

30

25

31

Days on Market

118

 87

82   

Inventory

186

117

139

Absorption rate

6.2

 4.68

4.48

Purchase offer

38   

 37

40

 


As the inventory drops, you can expect more competition for the available units.  

This is also a good time for those considering selling to list their properties for sale.

 

 

Whether you are buying or selling contact Jennifer Fivelsdal at 845-594-9947 today for assistance.

 **data used in 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 county ny attached homes march 2018

Spam prevention
Show All Comments
Ambassador
1,754,130
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Great market report Jennifer Fivelsdal  you are the only agent I think of when I need to refer to Dutchess-County-NY

Apr 25, 2018 12:11 PM #1
Ambassador
3,552,852
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jennifer except for inventory all the figures look to be going in a positive direction over last year.

Apr 25, 2018 01:00 PM #2
Ambassador
1,633,429
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

George,  That is true, and I am hopeful inventory will pick-up as Spring gets warmer :)

 

Apr 25, 2018 07:15 PM #3
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
1,633,429

Jennifer Fivelsdal

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