East Fishkill

Real Estate Market Update - New York, Dutchess & Ulster

Let's summarize some of the more important statistics from the latest real estate market report from the New York State Association of REALTORS®.  We're going to take a look at New York State, and then drill down to Dutchess and Ulster Counties numbers.

Overall the real estate market is healthy and it is a good time to sell and buy.  Because inventories of available homes are low, it is a sellers market, but so far this situation has not led to significant increases in sales prices.

State of New York - Year-to-date through February 2016, compared to the same period last year:

     • 7.9% more listings came on the market, but the inventory is still low in certain areas.

     • Pending contracts were up 19.6%.  These are properties that have accepted contracts but have not yet closed.

     • Closed sales were also up this year by 18.7%.  Based on the increase in pending contracts, it looks like we will also see a significant increase in closed sales for March.

Our Agents - Sharpening Their Skills

Century 21 Alliance Realty Group agents learning new technologies at our training center in East Fishkill.

A big thank you goes out to Sandy Tambone of the MidHudson MLS for tailoring the training to our specific requests. It was a great class and everyone learned something new.