Current Market Conditions for Single-Family Homes in Ulster County

Current Market Conditions for Single-Family Homes in Ulster County

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

Comparing sales from January 1, 2010 thru April 24, 2010 with sales from the same time period in 2009, there has been an increase of 70 homes sold, a 31.5% increase.  The average sale price increased from $232,509 to $241,285, a 3.7% increase.  The median sale price increased from $190,000 to $209,120, a 10% increase. Sales increased in every price category, except for sales of homes over $1 million.

Comparing sales from January 1, 2010 thru April 24, 2010 with sales from all of 2009, the average and median sale prices were almost exactly the same. 

When you compare sales for the January 1, 2010 thru April 24, 2010 with sales from 2008, there have been appreciable drops in average and median sale prices.  The average sale price dropped from $288,758 to $241,065, a 16.6% decrease.  The median sale price dropped from $239,200 to $209,120, a 12.6% 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 four 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

292

$241,285

$209,120

 

 

Year

Number of

Average sale

Median sale

1/1/10 - 4/24/10

units sold

price

price

 

292

$241,285

$209,120

Low sold

23,500

 

 

High Sold

1,500,000

 

 

0-$100,000

36

 

 

$101K - $200K

101

 

 

$201K - $300K

82

 

 

$301K - $400K

39

 

 

$401K - $500K

20

 

 

$501 - 1mill

13

 

 

1mill +

1

 

 

% over $500K

4%

 

 

 

 

Year

Number of

Average sale

Median sale

1/1/09 - 4/24/09

units sold

price

price

 

222

$232,509

$190,000

Low sold

30,500

 

 

High Sold

1,300,333

 

 

0-$100,000

35

 

 

$101K - $200K

85

 

 

$201K - $300K

58

 

 

$301K - $400K

24

 

 

$401K - $500K

7

 

 

$501 - 1mill

10

 

 

1mill +

3

 

 

% over $500K

6%

 

 

 

 

Year

Number of

Average sale

Median sale

1/1/08 - 4/24/08

units sold

price

price

 

304

$291,228

$237,250

Low sold

20,000

 

 

High Sold

1,493,500

 

 

0-$100,000

15

 

 

$101K - $200K

88

 

 

$201K - $300K

102

 

 

$301K - $400K

50

 

 

$401K - $500K

22

 

 

$501 - 1mill

21

 

 

1mill +

6

 

 

% over $500K

9%

 

 

 

Contact Information

Photo of Laurel Sweeney Real Estate
Laurel Sweeney
Berkshire Hathaway HomeServices Nutshell Realty
1209 State Route 213, PO Box 452
High Falls NY 12440
Office: 845-687-2200
Toll Free 877-468-5783
Fax: 845-687-4162

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