Current Housing Market Conditions
New Windsor NY Housing Market Report – May 2014 Update
No surprises for those watching the housing market in New Windsor NY this month. New homes enter the market at a faster rate than those that have sold. We are increasing the absorption rate this month to an almost 131/2 month supply of homes vs number of sold homes in the recent past. What does that mean? Prices won’t increase quite yet and it is a buyers market. The number of days on the market has not changed much and if you are planning to sell it will take a minimum of three to four months for your buyer to appear, make an offer and get to contract.
This is the current housing data for the May 2014 Housing Market in New Windsor NY
- There are 160 single family homes currently on the market.
- We had 35 new listings come on the market for the month of May compared to April with 39
- The average list price is $24,483 (ranging from $49,900 to $649,900).
- There are 34 homes currently under contract
- In the month of May 2014 there were 8 homes that transferred title in New Windsor NY
- The average selling price in May was $217,269. Sale prices ranged from $118,000 to $379,900
- These homes were spending an average of 194 days on the market
- In the last twelve months there were 143 closed sales with an average sold price of $222,111 spending an average of 109 days on the market.
- New Windsor has 13.43 months of inventory.
Number of Historic Sales x Price Range January 1 st to May 31st 2014
If you are looking to purchase a home in New Windsor the choices are many. There are homes in pristine condition, new construction and resales of homes that will require a good deal of work. Pricing should reflect condition, but does not always as some sellers are looking to short sale a property, or have unrealistic expectations. Navigating through the process can be a challenge and an adventure. Let your experienced real estate professional show you the way. Whether you are looking for a FREE Comparative Market Analysis or the assistance of a buyers agent, I will be happy to help. Call now at 845-527-7115.
New Windsor NY Real Estate Market Report May 2014
Active MLS Listings in New Windsor NY
- Properties for Sale in New Windsor, NY Between $200,000 – $300,000
- Properties for Sale in New Windsor, NY Between $300,000 – $400,000
- Properties for Sale in New Windsor, NY Between $400,000 – $500,000
- Properties for Sale in New Windsor, NY Between $500,000 – $600,000
- Properties for Sale in New Windsor, NY Between $600,000 – $700,000
- Properties for Sale in New Windsor, NY Between $800,000 – $900,000