Million dollar homes, are they selling in Dutchess County NY? So far, in 2011, 7 million dollar homes sold
ranging from $1,575,000 - $18,375,000. 4 out of the 7 homes were sold in the Town of Washington. The town of Washington having more than 50 percent of the sales is not unusual since this is an affulent Dutchess County Community which includes the Millbrook area. Other sales were as follows: 1 in Town of Stanford, 1 in Town of Beekman and 1 in the Village of Tivoli.
Did the million dollar homes in Dutchess also suffer from deep discounts?
All 7 homes saw price reductions, one as much as $7,625,000. What does this mean? If you are in the market for a million dollar home this would be a good time to buy. Right now there are many homes to choose from.
SEARCH FOR MILLION DOLLAR HOMES IN DUTCHESS COUNTY NY AND NEIGHBORING COUNTIES
MILLION DOLLAR HOMES IN DUTCHESS COUNTY NY JAN-JUNE 2011
| Active | 68 | New | 2 |
| Average List | $2,945,574 | Average List | $2,950,000 |
| Average DOM | 68 | Average DOM | 2 |
| Average SQFT | 5066 | Average SQFT | 5536 |
| Average $/SQFT | $585 | Average $/SQFT | $533 |
| Offer | 1 | Offer CS | 3 |
| Average List | $1,395,000 | Average List | $1,650,000 |
| Average DOM | 129 | Average DOM | 445 |
| Average SQFT | 7200 | Average SQFT | 2844 |
| Average $/SQFT | $194 | Average $/SQFT | $580 |
| Price Change | 3 | Contract | 1 |
| Average List | $1,816,333 | Average List | $1,785,00 |
| Average DOM | 251 | Average DOM | 25 |
| Average SQFT | 4611 | Average SQFT | 4689 |
| Average $/SQFT | $394 | Average $/SQFT | $381 |
| Sold | 7 | ||
| Average List | $9,159,286 | ||
| Average DOM | 289 | ||
| Average SQFT | 7216 | ||
| Average $/SQFT | $1269 | ||
| Average Sold | $6,820,229 | ||
| Average$/SQFT | $945 |
MILLION DOLLAR HOMES SOLD IN DUTCHESS IN 2011
| Address | Price |
| Chestnut Ridge -Washington | $ 1,575,000 |
| Poona Lane- Washington | $ 2,250,000 |
| Up-A-Creek Lane - Stanford | $ 2,350,000 |
|
Hynes - Beekman |
$13,800,000 |
| V. Tivoli | $ 4,391,600 |
| Butts Holow Road - Washington | $15,000,000 |
| Overlook Rd - Washington | $18,375,000 |
**These numbers only reflects homes that were listed in the Mid-Hudson MLS Service. It is not uncommon to have private sales of homes in this category.
Jennifer Fivelsdal - JFIVE HOMES REALTY LLC - 845-758-6842- jennifer@jfivehomes.com
www.jfivehomes.com or www.midhudsonhomevalue.com
