The statistics shown below were taken from the Ulster County Multiple Listing Service.  

Comparing sales from January 1, 2010 thru September 30, 2010 with sales from the same time period in 2009, there has been an increase of 114 homes sold, a 15% increase.  The average sale price stayed about the same, decreasing by about $650 from $239,120 to $238,486.  The median sale price increased from $200,700 to $238,486, a 19% increase. Sales increased in most price categories, except for sales of homes over $500,000, which stayed about the same.

When you compare sales for the January 1, 2010 thru September 30, 2010 with sales from 2008, there have been appreciable drops in average and median sale prices.  The average sale price dropped from $292,437 to $238,486, a 22.7% decrease.  The median sale price dropped from $240,000 to $210,000, a 14.3% decrease.

The average and median sale price for 2010 is slightly lower than what it was in 2004!  But with prices remaining fairly stable for the past year and nine months, perhaps we have hit the bottom of the market. 

Year

Number of

Average sale

Median sale

 

units sold

price

price

2001

660

$170,241

$137,000

2002

1544

$185,400

$150,000

2003

1526

$216,119

$180,000

2004

1786

$250,572

$215,000

2005

1883

$279,239

$245,000

2006

1657

$283,288

$247,000

2007

1563

$300,742

$250,000

2008

1200

$288,758

$239,200

2009

1184

$241,065

$209,000

2010 YTD

776

$238,075

$210,000

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Year

Number of

Average sale

Median sale

1/1/10 - 9/30/10

units sold

price

price

 

890

$238,486

$210,000

Low sold

23,500

 

 

High Sold

2,150,000

 

 

0-$100,000

89

 

 

$101K - $200K

323

 

 

$201K - $300K

275

 

 

$301K - $400K

117

 

 

$401K - $500K

50

 

 

$501 - 1mill

32

 

 

1mill +

4

 

 

% over $1M

0.4%

 % under $300K

77.1%

_______________________________________________________________

 

Year

Number of

Average sale

Median sale

1/1/09 - 9/30/09

units sold

price

price

 

776

$239,120

$200,700

Low sold

23,500

 

 

High Sold

1,700,000

 

 

0-$100,000

91

 

 

$101K - $200K

290

 

 

$201K - $300K

226

 

 

$301K - $400K

92

 

 

$401K - $500K

38

 

 

$501 - 1mill

34

 

 

1mill +

5

 

 

% over $1M

0.6%

 % under $300K

78.2%