Current Housing Market Conditions
Cornwall NY Housing Market Report – May 2014 Update
May Updates for the Housing Market of single family homes:
The Cornwall Housing Market continues to move forward at a bit of a snails pace. New closed sales remains low but our new number for under contract is up for the month. With only a few sales for May, it is hard to claim any sort of definitive trend. The prices are up, but with only four homes that did transfer title, the numbers don’t really mean much. The homes that were sold were of varied styles, condition and age. More homes did enter the market in May. Buyers that are looking to find a home in Cornwall NY will have more choices this summer. Many homes have some great features and could be the right fit for our buyer pool.
- There are 102 single family homes currently on the market with 21 new listings for the month of May
- The average list price is $374,111
- There are 32 homes currently under contract, which is up from 20 the previous month.
- In the month of May 2014 there were 4 homes that transferred title. Two of the homes were new construction.
- The average sale price for Mayl was $443,725 and spent 218 days on the market. The range was from $175,000 to $800,000.
- In the last twelve months there were 113 closed sales with an average sold price of $304,501 and ranged from $50,000 to $800,000. These homes spent an average of 132 days on the market
- The Cornwall NY single family absorption rate is at a 10.83 month supply, which is almost the same as last month
Number of Historic Sales x Price Range January 1 st to May 31st 2014
Homes in Cornwall and Cornwall on Hudson New York enjoy a great location in Orange County NY. Commuters find our proximity to transportation a definite asset. Close to I84 the New York Thruway and Metro North we are considered a popular central location. Students living in Cornwall enjoy the Cornwall and Washingtonville School Districts.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
search results HGMLS for ALL Active Listings for Cornwall NY page 2+ search results HGMLS Cornwall Homes:
or Search Single Family Homes for Sale in Cornwall and Cornwall on Hudson NY by price:
Cornwall NY Real Estate Market Report May 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.