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Dutchess County NY detached and attached homes sales May 2019 update

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

May 2019 Dutchess County NY home sales update

Dutchess County Market update May 2019

 In May 2019 Dutchess County NY home sales fell when compared to the same time last year.  The same was true for both median and average price.  Homes were on the market an average of ten fewer days this May.

Comparison May 2018 to May 2019 Dutchess County NY home sales  (Detached homes)

Data considered

May 18

April 19

May 19

Avg. Price   

$ 351,089

$ 314,879

$ 315,207

Median Price

$ 280,000

$ 285,000

$ 277,750

# of Sales

191    

165

188    

Days on Market

117  

106

107

Inventory

1097

1016

1149

Absorption rate

5.74

6.15     

6.11

Purchase offer

221

198

210

 

Sales of single-family detached homes rose by three units this May.  Like the detached market, both median and average price came in lower.  Tays on market before selling averaged twenty-three days less than in May 2018.

For a more detailed report  with graphs visit: https://jfivehomes.com/dutchess-county-ny-home-sales-may-2019/

 

Attached homes comparison for May 2018 to May 2019 Dutchess County NY home sales

Data considered

May 18

April  19

May  19

Avg. Price

$225,205

$ 207,262

$205,644

Median Price

$ 196,450

$ 176,500

$ 192,450

# of Sales

51

38

54

Days on Market

113

93

90

Inventory

147

154

159     

Absorption rate

2.88

4.05       

2.94

Purchase offer

65

40

48

Data used in this report  was obtained from the Mid Hudson MLS.  Deemed reliable but not guaranteed.

Comments(2)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I’ve heard of a lot of people being interested in this area of Dutchess, Poughkeepsie, etc.

Jun 30, 2019 10:25 PM
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

Hi Laura,

That is true.  Beacon, for example, became a hotspot.

 

Jul 02, 2019 11:19 PM