2011 Ulster County Real Estate Statistics
2011 Ulster County Real Estate Statistics
The final numbers are in for 2011 home sales in Ulster County. Here are some highlights from the charts shown below:
• The number of homes sold in 2011 was 914, down from the high of 1,711 homes sold in 2005 – a 45% decline.
• Home sales in the $400,000 to $900,000 range declined by 61% from 2005 to 2011.
• In 2011, home sales were most active below $400,000, with sales under $100,000 being at their highest level in the last eight years.
• There was a 22% drop in the median price of homes from their high in 2007 of $250,750 to $199,000 in 2011.
• The number of days a house was on the market from listing to closing was 188 days in 2011, up from 126 days in 2004.
• It is a great time to buy a home, as interest rates are at their all-time low, and prices have dropped to there lowest level in 10 years.
The following charts were compiled based on information taken from the Ulster County Multiple Listing Service.
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