Key Trends
(compared to same period in 2016)
• Inventory across the board is down about 23 percent, which is strengthening demand for homes. As a result, sales prices are beginning to rise.
• Sales in general are at a high level not seen since the seller’s market of 2005.
Single-Family Home Median Sales Price
Rockland: $435,000, up 3.6%
Orange: $237,000, up 5.3%
Putnam: $325,000, no change
Dutchess: $262,000, up 3.1%
Condominium and Co-op Median Sales Price
Rockland: $227,950, up 3.6%
Orange: $152,500, up 5.2%
Putnam: $209,500, down 4.3%
Dutchess: $182,000, up 5.8%
Total Units Closed
Rockland: 2,097, up 1.5%
Orange: 3,722, up 9.5%
Putnam: 1,031, down 5%
Dutchess: 2,383, down 2.2%
Single-Family Home Price Per Square Foot
Rockland: $213, up 4.9%
Orange: $125, up 1.6%
Putnam: $177, up 0.3%
Dutchess: $164, down 6.2%
Single-Family Home Average Days on Market
Rockland: 167, down 6.7%
Orange: 187, down 7.9%
Putnam: 177, down 9.9%
Dutchess: 114, up 2.5%
Source: Better Homes and Gardens Rand Realty.