City of Poughkeepsie home sale for the first two quarters of 2013
In the City of Poughkeepsie during the first two quarters 50 single family detached homes sold. The properties sold included properties which were considered uninhabitable and sold as is for cash since financing would be almost impossible. There were also short sales and bank owned properties.
How did the City of Poughkeepsie first quarter home sale compare to the second quarter?
In the first quarter 19 single family detached homes sold, however there was a big increase in the second quarter when 31 homes sold.
The homes sold in the first quarter ranged in price from $34,000-$290,000. In the second quarter the range was 15,000 - 345,000
When you look at the average sale price the second quarter came in lower than the first.
The City of Poughkeepsie average sale price is lower than surrounding towns which usually have inventory in a higher range. The average sale is also lower that the County which is usually over $200,000.
First Quarter Second Quarter
Average List Price $171,892 $168,323
Average Days on Market 143 123
Average Square Feet 1739 1759
Average $ per Square Feet $101 $96
Average Sale Price $164,017 $159,665
Average Sold $ per Square Feet $96 $91
Single Family home sale 19 31
The City of Poughkeepsie is the Dutchess County seat where you will find County offices, and
home to about 32,790 residents.