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Dutchess County Real Estate Market Report - October 2009

DUTCHESS COUNTY NY REAL ESTATE MARKET REPORT - OCTOBER 2009

Dutchess County Single Family home sales october 09

                                             SINGLE FAMILY DETACHED

                              AVG.                Median          # of Sales      DOM        Inventory

October 08          $305,897          $275,000           131             128           2249

September 09     $303,491          $270,000           136             130           2074

October 09          $298,982          $265,000           155             128           2027

 In Dutchess County NY during the month of October 24 more single family detached properties closed than the same time last year. 

The number of months it would take to clear the present inventory is 13.07 months(2027/155) which is an improvement over September's absorption rate of 15.25 months. The current sales dollar volume is up 15.6%  over the same time last year, both positive trends.

 

  

DUTCHESS COUNTY NY CONDO/TOWNHOUSE MARKET REPORT OCTOBER 09

Dutchess County NY Condo & Townhouse Sales in October 09

                                    Single Family Attached (Condos/Townhouses)

                             AVG.                 Median          # of Sales         DOM         Inventory

October 08            $239,516         $212,000                26               126            373

September 09       $226,373         $230,000                50               133            382

October 09           $194,708          $183,000                25               111            386

The Single Family Attached Properties (condos, Co-op, townhouses) in Dutchess County NY during October saw a 50% drop in the number of sales when compared to September. And a 3.8% decrease over same time last year.

The absorption rate on the Condo/townhouse market is 15.44 months (386/25) a big difference from last month when the absorption rate was 7.64 months.  The current dollar sales volume also was less than 50% of last month and 21.8% less than same time last year.

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I enjoy living in Dutchess County; and it is a pleasure for me to help consumers with their real estate needs.  If you are considering buying or selling real estate please give me a call.

Jennifer Fivelsdal- Licensed Real Estate Broker- JFIVE Homes Realty LLC

Realty Team - 845-758-6842- jennifer@jfivehomes.com  and www.jfivehomes.com         

      SEARCH FOR A HOME IN THE MID HUDSON VALLEY

*****Data to compile this report was obtained from the Mid Hudson MLS System

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  162 Deer Run Road, Red Hook NY 12571| 845-758-6842

  Jennifer Fivelsdal  |   Real Estate Broker  |  jennifer@jfivehomes.com  www.jfivehomes.com  or  www.midhudsonhomevalue.com

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8 commentsJennifer Fivelsdal • November 10 2009 10:18PM
Dutchess County Real Estate Market Report - October 2009
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DUTCHESS COUNTY NY REAL ESTATE MARKET REPORT - OCTOBER 2009 SINGLE FAMILY DETACHED AVG. Median # of Sales DOM Inventory October 08 $305, 897 $275, 000 131 128 2249 September 09 $303, 491 $270, 000 136 130 2074 October 09 $298, 982 $265, 000… more
Dutchess County Real Estate Market Report - September 2009
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DUTCHESS COUNTY REAL ESTATE MARKET REPORT - SEPTEMBER 2009 AVG. Median # of Sales DOM Inventory September 08 $340, 758 $297, 500 101 126 2275 August 09 $336, 638 $285, 900 165 123 2003 September 09 $303, 491 $270, 000 136 130 2074 In… more