Ulster County Median Home Price Falls in Sept.

The statistics released by the Ulster County Board of Realtors for the month of September 2006 reveal decreases in most statistical figures that measure the strength of the housing market when compared to September 2005. There was a 31.1% reduction in the number of homes sold, a 7.5% reduction in the median price ($239,500) and a 2.6% decrease in inventory. The average days on the market for homes listed in the MLS increased 12.2% to 166 days. Despite these September figures showing a clear slowing in the market, there have been higher year-over-year home price average in 9 of the last 12 months.

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