Home Prices in Dutchess County for October 2019
Real estate market data for Dutchess County, NY provided by Mid Hudson Multiple Listing Service
October Dutchess County, NY - Single Family Homes
As of the beginning of October there were a total of 1287 single family detached homes on the market which was down around 3% from October 2018. There were 2032 closed sales and 225 purchase offers reported on the multiple listing service. The average days on market is at 93 (year to date) and the average sale price in all of Dutchess County is $339,944 (year to date) this is up 1.6% from last year.
Single family attached housing shows 173 units available for sale which is up over 24%, there are 444 closed units year to date and 44 purchase offers that have been reported. The average days on market for attached housing is 78 days and the average selling price is at $221,419 which is up 5.9% from last year.
Interests rates remain are very low, well under 4% for a 30-year conventional mortgage. Housing inventory continues to be a challenged in certain price points, mostly under $400,000. As we move through the holiday season, the market has cooled off but only to pick up again as we enter into 2020. We are all hoping to to see fresh inventory hit the market and buyers hitting the market again.
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