The Rockland County housing market capped off a strong 2017 with a robust finish, with both prices and sales up significantly in the fourth quarter. Sales. After a decline in the third quarter, sales roared back in the fourth, rising almost 11%. This drove the yearly transaction total up almost 5% for the year, marking the sixth straight calendar year of increasing sales. … [Read more...]
Fourth Quarter 2017 Real Estate Market Report: Westchester & Hudson Valley Market Overview
The housing market in Westchester and the Hudson Valley finished the year strong in the fourth quarter of 2017, with meaningful price appreciation throughout the region driven by low inventory and high demand. Although sales have slumped a bit due to the lack of available homes for sale, rising prices might tempt new sellers to come into this growing seller’s … [Read more...]
Third-Quarter 2017 Real Estate Market Report: Sussex County Market Overview
Activity in the Sussex County housing market surged yet again in the third quarter of 2017, with sales up sharply even while prices continued to struggle. Sales. Sussex sales were up yet again in the third quarter, rising over 17% from last year and now up over 22% for the year. The 2749 closings represented the highest 12‑month total in over 10 years. Indeed, Sussex sales … [Read more...]
Third-Quarter Real Estate Market Report: Essex County Market Overview
The Essex County housing market slowed a touch in the third quarter of 2017, with sales up a bit but prices mixed. Sales. Essex sales activity was up again, rising almost 4% from the third quarter of last year. This continues a trend that’s been developing for a while, with the rolling year sales up over 9%. Indeed, Essex closed over 5,300 units over the rolling year, the … [Read more...]
Third-Quarter 2017 Real Estate Market Report: Morris County Market Overview
Prices in the Morris County housing market showed more signs of life in the third quarter of 2017, even while low levels of inventory continued to stifle sales growth. Sales. Morris County sales were up just a tick, continuing a streak in which year‑on‑year sales have now gone up for 12 straight quarters, three full years of sustained buyer demand. For the year, sales were … [Read more...]