Dutchess finished the year strong, with a nice increase in sales activity coupled with the first small signs of meaningful price appreciation. For the year, sales were up sharply while prices were basically flat. Sales. Dutchess County single-family home sales surged again in the fourth quarter, with transactions up 11% from last year. This marked the fifth quarter in a row … [Read more...]
So What’s Going on in the Putnam County Real Estate Market?: The Rand Quarterly Market Report for 2015Q4
Activity in Putnam surged in the fourth quarter of 2015, with sales up sharply, hitting levels we have not seen in over ten years. And although prices took a dip in the quarter, they were relatively flat for the year. Sales. Putnam sales surged again in the fourth quarter, rising almost 12% from last year and up almost 21% for the year. Indeed, we have now seen sustained … [Read more...]
So What’s Going on in the Orange County Real Estate Market?: The Rand Quarterly Market Report for 2015Q4
Orange County surged again in the fourth quarter of 2015, with sales reaching levels we have not seen in over ten years, but this rising demand has not yet had its expected impact on pricing. Sales. Orange County sales spiked again, rising 20% from the fourth quarter of last year and up 29% for all of 2015. We have now seen sustained sales growth for more than three years, … [Read more...]
So What’s Going on in the Rockland County Real Estate Market?: The Rand Quarterly Market Report for 2015Q4
Rockland sales surged again in a torrid end to 2015, with sales reaching levels we have not seen in over 10 years and prices showing meaningful signs of appreciation. Sales. Rockland sales were up sharply, rising 26% from the fourth quarter of 2015 and up over 20% for the calendar year. We’ve now seen sustained rates of growth for over three years, with transactions up for … [Read more...]
So What’s Going on in the Westchester Real Estate Market?: The Rand Quarterly Market Report for 2015Q4
Westchester activity surged in the fourth quarter, with sales up sharply for both single-family homes and condominiums, even while prices remained stubbornly soft. Sales. Residential rose sharply, up over 13% from last year and finishing the calendar year up almost 8%. We’ve now seen sustained sales growth for four full years, with year-on-year transactions going up in 15 … [Read more...]