Dutchess County NY sales of attached homes increased in June

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

Sales of Dutchess County NY Condos, Coops, and Townhouses (attached homes)

During June 2018 sales of Dutchess attached home sales increased by 10.9 percent when compared to June 2017, going from 55 then to 61 this year.  These units ranged in price from $50,000 to $535,000

The average sale price was 3.3 percent less than the same time last year/  There was an even wider gap in the median sale price,  it decreased by 14.3 percent

Homes were on the market 12 fewer days prior to selling, this is no surprise since the inventory is low, there is only a 2,23 months supply.

 

Multiple offers are common, therefore buyer need to be prepared to act quickly.

Dutchess County NY attached home sales


 

Comparison Dutchess County NY sales June 2018  to June 2017 ( attached homes)

Data considered June 17 May 18 June  18
Avg. Price $207,751 $225,205 $200,976
Median Price $210,000 $196,450 $179,900
# of Sales 55  51  61
Days on Market 87  113 75
Inventory 225   147 136    
Absorption rate 4.09 2.88 2.23
Purchase offer 44  65 62
                               

 

A more detail report on both attached and detached home sales in Dutchess County NY can be found at. Dutchess County NY home sales June 2018

 

 

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Rainmaker
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Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Jennifer amazing when the prices drop how the volume of sales increase, should let the sellers know it is all about affordability, Endre

Jul 24, 2018 10:57 PM #1
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Jim Crawford
RE/MAX Paramount Properties - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for sharing this.  It's most informative for buyers and sellers!

Jul 25, 2018 07:32 AM #2
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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
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Jennifer always good to hear that sales are going up.  Hope that trend continues.

Jul 25, 2018 08:03 AM #3
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