The Dutchess County housing market finished the year strong, with the first clear signs of meaningful price appreciation in years. Sales. Dutchess sales rose slightly in the fourth quarter, up just about 1%. For the year, sales were down over 4%, which reflects low levels of inventory more than a lack of demand. Dutchess definitely needs more listings, some “fuel for the … [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 Market Report: Dutchess County Market Overview
The Dutchess County housing market showed clear signs of an emerging seller’s market in the third quarter of 2017, with a lack of inventory constricting growth but driving prices up. Sales. Dutchess sales were down again in the third quarter, more a reflection of falling inventory in the market than a decline in buyer demand. Sales were down almost 5% for the quarter and are … [Read more...]
Third-Quarter 2017 Real Estate Market Report: Westchester & Hudson Valley Market Overview
The housing market in Westchester and the Hudson Valley surged again in the third quarter of 2017, with strong buyer demand driving meaningful price appreciation even while declining inventory stifled sales growth. With inventory rates continuing to fall, we expect this trend to continue through the rest of the year. Inventory throughout the region continues to fall. … [Read more...]
Second Quarter 2017 Real Estate Market Report – Dutchess County, New York
The Dutchess County housing market showed clear signs of an emerging seller’s market in the second quarter of 2017, with the first meaningful signs of price appreciation in years. Sales. Dutchess sales were down a tick for the quarter, probably a reflection of falling inventory in the market. For the rolling year, sales are still up a tick, but Dutchess definitely needs some … [Read more...]