Ulster County Real Estate

2006: The numbers are in

Date: Feb. 19, 2007
Tags: None

First, the numbers:

Countywide, there was no statistically significant changes from the 2005 numbers compared to previous years where there were double-digit increases. The average price remained the same at $283,173 and the median price was up 1% to
$249,000.

The average ratio of sale price to original list price was 92%, but this number is probably lower since it doesn't take into account properties that expired and were then relisted. Average days on market was 160, but is probably greater for the same reason.

New listings continue to outstrip sales. Properties that are overpriced tend to languish on the market. Smart sellers are pricing their homes at 5% below market value to stimulate interest.

Residential
							% inc	% inc	% inc	% inc		% inc	~~% inc~~	% inc	% inc
	2001	2002	2003	2004	2005	2006	2001-02	2002-03	2003-04	2004-05	2005-06	2001-03	2001-04	2001-05	2001-06
Median Price Per Home

Denning*	$92,500	$86,000	$85,000	$139,000	347,500	69,500	-7%	-1%	64%	150%	-80%	-8%	50%	276%	-25%
Esopus	136,000	146,550	172,200	215,000	259,900	247,000	8%	18%	25%	21%	-5%	27%	58%	91%	82%
Gardiner	247,000	250,000	305,000	334,750	331,000	350,000	1%	22%	10%	-1%	6%	23%	36%	34%	42%
Hurley	133,500	175,000	204,500	223,450	235,000	262,500	31%	17%	9%	5%	12%	53%	67%	76%	97%
Kingston City	92,500	112,000	128,000	160,000	184,000	191,745	21%	14%	25%	15%	4%	38%	73%	99%	107%
Kingston, Town	143,500	122,000	111,950	164,500	252,500	282,500	-15%	-8%	47%	53%	12%	-22%	15%	76%	97%
Lloyd	125,000	149,000	177,000	224,900	262,250	269,000	19%	19%	27%	17%	3%	42%	80%	110%	115%
Marbletown	167,500	213,500	280,000	257,500	340,000	335,000	27%	31%	-8%	32%	-1%	67%	54%	103%	100%
Marlboro	152,500	138,225	225,950	247,200	255,000	312,630	-9%	63%	9%	3%	23%	48%	62%	67%	105%
New Paltz	130,000	192,000	225,000	265,000	310,000	290,000	48%	17%	18%	17%	-6%	73%	104%	138%	123%
Olive	167,500	155,500	212,000	260,500	252,500	271,000	-7%	36%	23%	-3%	7%	27%	56%	51%	62%
Plattekill	125,000	164,640	204,500	265,500	285,000	300,000	32%	24%	30%	7%	5%	64%	112%	128%	140%
Rochester	128,000	151,000	171,950	199,500	240,000	238,000	18%	14%	16%	20%	-1%	34%	56%	88%	86%
Rosendale	115,000	143,125	167,500	185,000	228,000	232,500	24%	17%	10%	23%	2%	46%	61%	98%	102%
Saugerties Town	116,500	135,000	160,150	185,000	220,000	229,900	16%	19%	16%	19%	5%	37%	59%	89%	97%
Saugerties Village	92,500	122,000	157,263	175,000	203,250	199,500	32%	29%	11%	16%	-2%	70%	89%	120%	116%
Shandaken	122,250	151,000	215,000	214,500	250,000	200,000	24%	42%	0%	17%	-20%	76%	75%	104%	64%
Shawangunk	150,000	195,199	243,000	225,500	339,900	280,000	30%	24%	-7%	51%	-18%	62%	50%	127%	87%
Ulster	101,250	137,500	164,000	170,000	193,750	224,825	36%	19%	4%	14%	16%	62%	68%	91%	122%
Wawarsing	95,000	101,500	127,000	142,650	165,000	176,000	7%	25%	12%	16%	7%	34%	50%	74%	85%
Woodstock	225,000	276,100	290,000	297,500	357,000	368,000	23%	5%	3%	20%	3%	29%	32%	59%	64%

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