Town of Amenia NY Real Estate Market Report for June 2008

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

Wassaic train station in the township of Amenia

 Amenia is located in the eastern part of Dutchess County  and is served by the Metro-North Harlem Line.  Why is this significant? Because more and more people who need to commute to work are now considering public transportation.

The town of Amenia website provides much useful information to residents as well as anyone considering moving to the area.  One feature I appreciate is the fact that the zoning information is posted, as well as maps identifying zoning types.

So, how was the real estate market in June? There were 6 closings which showed a very active month considering the total closings for the past 6 months was a total of 9.

Some other interesting facts about the market are:

  • 12 of the homes for sale are over $1,000,000, the most expensive beng $12,159,900
  • As of July 19th there are 7 properties with offers
  • The most expensive property sold so far was $975,000

 

  

 

       Amenia NY REAL ESTATE MARKET REPORT JUNE 2008

  

 

 

 

 

CATEGORIES

AVG LISTING PRICE

DOM

AVG SQFT

AVG $/SQFT

39 Active

  $   1,534,569.00

155

2830

$542

3 Offer

 $      229,267.00

  98

1567

$146

2 Offer/CS

 $      300,000.00

814

2004

$150

5  Price Chg.

 $      272,780.00

124

1789

$152

2  Extended

       $      592,500.00

356

2948

$201

3  Contract

 $       255,500.00

237

1937

$132

6  Sold

       $      396,567.00 

184

1658

$239

  

AVG SOLD PRICE

 

 

AVG SOLD$/SQFT

  

 $  348,500.00

 

 

$210

STREET

SALE PRICE

 

 

 

Sinpatch Road

     $ 54,000.00

 

 

 

Bog Hollow Road

     $ 70,000.00

 

 

 

W. Route 44

  $ 172,000.00

 

 

 

Railroad Ave   

   $ 180,000.00 

 

 

 

Smithfield Valley

           $ 640,000.00

 Kennel Road

           $ 975,000.00

 

*****Some data for this report was obtained from the Mid Hudson Multiple Listing Service.

 Jennifer Fivelsdal - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com

www.jfivehomes.com or www.midhudsonhomevalue.com

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Comments (7)

Chris Miller Nevada Land with Water Rights
Vegas Grand Realty and Property Management - Mesquite, NV
Land with Water Rights For Sale

nice report Jennifer, wild prices!

Jul 19, 2008 01:05 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jennifer 6 sales in one month sounds pretty positive to me given that there were only 9 sales the previous 6 months.  I hope this trend keeps going in this direction for them.

Jul 19, 2008 01:14 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

Chris - Thank you. Don't you wish you could sell the $12,159,900 property?  Yes there is certainly a big price swing in this township.

George - It does look like the trend is on the up swing since 7 properties presently have offers.

Jul 19, 2008 01:46 PM
Kimberly Grant
Exit Leon Crawford Realty - Huntsville, AL
Real Estate Agent - Huntsville Alabama

Nice report Jennifer.  I am looking at those prices per square foot and all I can say is WOW!!  I need to get back to work so I can get the buyer for that $12M property.  LOL

Jul 19, 2008 03:11 PM
Birmingham Alabama Real Estate, Stephen Wolfe
LivingInBirmingham.com - Birmingham, AL

Jennifer, you have some strong price per square foot there! I noticed something. As George noted (and you agreed) it looks like things are picking up in Amenia! In today's market it is exciting to see pick up no matter where you are.

Jul 20, 2008 01:55 PM
Carol Culkin
Diamond Partners Inc - Overland Park, KS
Overland Park Residential Real Estate

Thanks for the stats Jennifer! ...I was surprised to see only 6 sales1  

Jul 20, 2008 03:08 PM
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

$12,159,900 listing? Wow! I would love to have a listing like that. But the problem I would only have is to trying to find someone willing to pay that much for a property. Great market report post Jennifer.

Jul 21, 2008 02:32 PM