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Tuesday, June 09, 2009
A look at the May 2009 Ulster County real estate data revealed a 27.6% year over year drop. The Ulster County MLS data indicated that 63 homes sold in May. The median price also dropped to $223,500--down 13.2% from last year. THat median price is actually up from previous months in 2009. Overall, this data continues to demonstrate the trend of declining sales and prices when comparing sales data from 2008 to 2009.
Tuesday, April 07, 2009
Analysis of data obtained for homes sold in Ulster County for the month of March showed some encouraging signs based on the number of homes sold. While the median price for March 2009 was $196,250 (13.4% less than March 2008), the amount of homes sold was flat. The fact the the number of homes sold was flat is very encouraging going into the spring season, which is often the busiest time of the year. The number of homes had been declining sharply prior to March.
Friday, March 06, 2009
The downward pattern continued in the month of February, as home sales and the median price dropped compared to the same month last year. The number of single family homes sold in Ulster County dropped to a total of 34 homes. That number represents a 44.3% decline over last year.
The median price also came in the at the lowest level in quite some time. The data showed that the median price was $192,500 in February 2009--a 18% drop and the first time the median is below the $200,000 mark in a while.
Thursday, February 19, 2009
Ulster County Landowners have an opportunity from March 1-March 30 to submit an application to have their agricultural land included within a certified New York State Agricultural District.
A packet with documents should be submitted to the Ulster County Planning Board for consideration. That packet should include a completed worksheet, a copy of the tax map for the property and a description of the land.
Thursday, February 05, 2009
The trend of a decreasing number of homes sold in Ulster County continued in the month of January. In January 2008, 100 homes sold versus 74 in 2009. The median home price actually held relatively steady at $226,300, which represented just a 2.5% drop.
Once more, this data points to the fact that while sales numbers are down significantly, the median price for sold homes has not dropped to the extent that it has in many areas in the Hudson Valley region.
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