Half Yearly Housing Market Report 2014 Cornwall NY
Numbers tell the story! A look to see what has been happening over the last six months can help with making financial plans. Housing Market reports show trends in number of sales and what price point is being absorbed. Buyers have a plethora of things to choose from and therefore are taking their time looking and making life changing decisions. Wise in that they are doing research. It may not always be so simple though, as the internet is filled with lots of the written word, but not always accurate and informative. Sifting through the massive amount of results and numbers is what I do each day, every day.
Active Listings – Cornwall NY January to June 2014
True to form the spring brings out buyers and sellers alike. Those looking for a new home are happy to have choices. Old and new, large and small, there is just about everything in the area. Cornwall on Hudson has many homes and some with views of the Hudson River. Sellers are happy to see that with the warm weather sales picked up this summer. We were off to a slow spring start for sales, but it may have been that buyers did not come out in droves during the storms.
Number of SOLD Single Family Homes in Cornwall NY
January to June 2014
Looking at the specifics for the homes that actually sold, the pricing tells such an explicit picture. High end homes are not selling as fast as the homes ranging from $250 to $350K. While there are some high end that do sell and some buyers looking in that price range, it is not the category of homes most buyers in this area fall into. Buyers come for the schools, the community and some get river views. Mostly the buyers are looking for a great lifestyle along with value.
Homes in Cornwall NY are Selling – Half Yearly Sales by Price of SOLD Homes
Pricing Tells the story of what is hot and what is not!
Cornwall NY Home Sales Updates for June 2014
- There are 105 single family homes currently on the market (29 new listings in June)
- The average list price is $372,181 (ranging from $110,00 to 2,450,000)
- 1/3 of the inventory is at the $200,000 to $300,000 price point.
- There are 35 homes currently under contract in June
- In June 10 homes transferred title in Cornwall NY
- Transferred Title Prices ranged from $100,000 to $440, 000
- The average home in June sold in at $290,847 and spent 145 days on the market
- 108 homes closed in the last twelve months. The average sold price of $302,555 spending an average of 147 days on the market
- 6 of our current active listings are short sales or bank owned properties
- Cornwall NY has a decent amount of inventory with slightly over a 11.6 month of supply of homes for sale.
This Housing Market report includes single family homes for sale in both Cornwall and Cornwall on Hudson NY. Students that live in Cornwall attend Cornwall or Washingtonville Schools. This market report an analysis of information from the Hudson Gateway Association of Realtor’s current statistics. Neighborhood numbers vary and change daily. It is important to know details when looking to buy or sell a home in Cornwall NY.
All Town of Cornwall NY Active Listings can be found here.Search Cornwall NY Homes for Sale
Cornwall NY Real Estate Market Report June 2014 [map id=”7″]
Market reports from the past will show what has recently sold in the area. The info is helpful when either buying or selling a home. It gives you a better perspective of what prices you can expect. If you are looking to purchase or sell a home in the Cornwall NY I would be happy to discuss your real estate needs and show you how I can help. I am your local real estate agent and ready to guide you every step of the way.
Resources for additional information on Cornwall NY
Information Deemed Reliable but Not Guaranteed. published by: your real estate expert Janis Borgueta Key Properties of the Hudson Valley as a community service in Newburgh NY. To receive more real estate information please subscribe to this blog. Looking to buy a new home? Search the MLS for New Homes in Newburgh NY. You can contact Janis at (845)-527-7115 or find her on Google+ Statistics represent single family homes for sale in Newburgh NY (source GHVMLS ). Information is deemed reliable, but not guaranteed.