So, in the past 30 days...
There have been 71 residential properties sold in the Ulster County MLS.
The average sold price was $252,782 with the highest price being $1,100,000 and the lowest at $35,000. The average days on the market was 160 days.
Here they all are...
Selling Hudson Valley real estate in this current and challenging market can be tough, but this shows it can and is still being done! One of the properties sold this month was here in the city of Kingston. It was sold to a friend of mine and I saved her a lot of money by working as her "buyer's agent". I explained that relationship to her by letting her know, "when you call the phone number on a sign in front of a house, you are most likely calling the company hired to work for the seller and get the seller the most money for their home". She was also surprised to find out that it's the SELLER who almost always pays the buyer's agent not the buyer! Here is her wonderful new home...
When I knew she was seriously interested in buying the house and asked me what I thought a good offer was, I looked up similar houses that have sold in the past six months and gave her an idea of what to offer. The house was listed at $209,000 and I was able to get her the house for $185,000 based on what I found out "fair market value" was for the home.
I price my homes the same way when I am hired by sellers to get their homes on the market. I defend the price of a house because I know the house I am trying to sell is priced right from my expert pricing skills!
So, this market may be in a very tough time right now, but things are still selling and prices have seemed to have stopped falling, (whew)!
