News > Home Sales in Dutchess County November 2009

Home Sales in Dutchess County November 2009

Home Sales in Dutchess County* November 2009**

Single Family Detached Homes	November 2008	October 2009	November 2009	Year Change
Current Closed Sales	87	155	153	75.9***
Y-T-D Closed Sales	1282	1187	1340	4.5
Current Average Selling Price	338,422	298,982	2294,228	-13.1
Y-T-D Average Selling Price	355,791	314,170	311,893	-12.3****
Current Average Days on Market	139	128	108	-22.3*****
Y-T-D Average Days on Market	131	129	127	-3.4******

Source: * Mid-Hudson Multiple Listing Service Inc (MHMLS)
**These figures do not represent the total real estate sales in Dutchess County.
They do reflect the sales activity of the MHMLS, which comprises the largest sales volume sampling.
Of note*** November 2009 Current Closed Sales year change is 75.9 reflects an increase,primarily due to first time home owner credit,low interest rates and lower selling prices with the very poor numbers in 2008 and first part of 2009.
Of note**** the YTD average selling price through November 2009 is 12.3% lower than the same period last year.
Of note***** the current average days on the market has gone down considerably, because of the first time home tax credit,lower interest rates and lower selling prices.
Of note****** YTD the average days on the market through November 2009 is basically the same period as last year. However, the November average days on market is 22%lower than last year.

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