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Highland, NY Market Report

By
Real Estate Agent with EXIT Realty Services- New Paltz, NY

Highland, NY

If you've been thinking of buying a house, maybe this is the time to stop thinking and put in an offer.  Prices are down and many owners are anxious to sell.  Highland, New York is a great community to look in.  Highland is centrally located between Poughkeepsie, Kingston, New Paltz and Newburgh.  There are currently dozens of houses to choose from- from handy-man specials to large estates and from condos to new construction. 

Here's a look at the market conditions for single family homes in Highland: 

total listings Average DOM* Lowest Highest Average Median
72 119 $119,000 $3,300,000 $417,830 $339,000

These are all the listings in Highland that have sold since August 1.  As you can see, homes that are priced correctly, sell the quickest.  Several houses were re-listed several times, and the prices dropped repeatedly when the houses failed to sell.

Sold Listings DOM* Original price List Price Sold Price Concession Re-listed? Original list date First price Total DOM*
408 South St. 333 $175,000 $175,000 $107,000 $0 N      
6 Christopher Ave 170 $179,000 $159,000 $167,410 $0 Y 11/15/2007 $189,900 260
241 Chapel Hill Road 173 $324,900 $220,000 $220,000 $0 Y 8/17/2006 $495,000 532
114 Half Moon Road 240 $249,000 $234,000 $231,000 $0 Y 8/19/2006 $319,000 609
58 Ose Road 131 $249,000 $249,000 $237,113 $7,113 Y 8/9/2007 $275,000 311
2 Reservoir Road 118 $269,900 $260,000 $240,000 $0 N      
3 South Gate Road 211 $275,000 $269,000 $250,000 $0 Y 2/1/2007 $287,500 578
166 Lily Lake Road 240 $339,954 $329,954 $320,000 $0 Y 3/1/2007 $399,000 461
10 Carmella Road 64 $332,954 $332,954 $330,000 $0 Y 11/7/2007 $359,900 247
228 Martin Ave 153 $399,000 $399,000 $396,000 $0 N      
114 Station Road 388 $449,900 $449,900 $449,900 $0 N      

*DOM- Days on the Market

Many of the houses currently for sale in Highland qualify for a money down low interest loan through the USDA Rural Development Program.  If you'd like to take a look at homes in Highland or if you'd like more information about loan program, give me a call today.

Barbara Carter and Becky Cook

Mother/Daughter Team Real Estate Two Together For You

ExiT Realty Services 10 Main Street Suite 424 New Paltz, NY 12561

Barbara (845) 505-3160 Becky (845) 853-4210 Office (845) 255-HOME

On the web: www.UlsterNYHomes.com    e-mail:  UlsterHomes@yahoo.com

  

C Tann-Starr
Tann Starr & Associates, Inc. - Palm Bay, FL

Becky, very nicely presented. I enjoyed reading your report and learning about a community I am unfamiliar with. Thank you for taking the time out to share this information. Regards, Carolyn.

Sep 14, 2008 01:33 PM
Barbara Carter
Century 21 Alliance Realty Group - Highland, NY
Serving Your Real Estate Needs in the Hudson Valle

Thanks for posting this Becky- It is great information! I am going to copy it and send it to one of our clients! The Days on the market are very revealing- Hopefully making people aware of the Rural Development loan we can pick up the pace- The homes in the area are really at a great price now- A great time to buy!

Sep 14, 2008 01:36 PM
Becky Cook
EXIT Realty Services- New Paltz, NY - Highland, NY
Ulster County, NY- New Paltz, Highland, Marlboro, NY Real Estate

C- Thanks, I think it's very revealing to look at how many times a house was re-listed and how long it was really on the market, and how much the asking price went down and the difference between the list price and selling price.  It's important information for buyers AND sellers.

Mom- I plan to do this for New Paltz and Marlboro also, it'`s a lot of work, but I think it's important information to get out.

Sep 14, 2008 01:49 PM