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What's Selling in the Hudson Valley Rivertowns - September 2011

Every month for the past 8 years, I've written a column in the Nyack Villager outlining what’s going in the real estate market in our area. The Nyack Villager is a great magazine that covers "All The News That's Fit To Print" in the Hudson Valley Rivertowns.

What are the Rockland County Rivertowns? The Rivertowns are a collection of small towns and villages situated on the western banks of the Hudson River. The Rivertowns are among the most special and sought after locations in the lower Hudson Valley and include Palisades, Sneden's Landing, Piermont, Upper Grandview, Grand View, South Nyack, Nyack, Central Nyack and Upper Nyack. Located about 15 minutes north of Manhattan, the Rivertowns are perfect for those looking to live in a beautiful, diverse and convenient location with easy access to Manhattan, Connecticut and Westchester.

Here are all the homes that sold during September 2011.

Style Location Address Bedrooms Baths List Price Sale Price
Townhouse Nyack 26 Village Gate Way 2 2.1 399,000 390,000
Two Story Nyack 209 Depew Ave 3 2 225,000 325,000
Condo Nyack 50 N Broadway #12 2 1.1 339,000 322,500
Two Story Nyack 159 Burd St 3 2 189,000 180,000
Co-op Nyack 38 Fourth Ave #1B 1 1 114,000 116,050
Colonial S. Nyack 55 Glen Byron Ave 3 1.1 499,000 490,000
Colonial S. Nyack 1 Ross Ave 3 2 329,000 310,000
Contemporary U. Grandview 7 Treeline Ter 6 4 999,000 825,000
Contemporary U. Grandview 929 Rt 9W 4 3.1 549,000 517,500
Cape Cod Piermont 70 Piermont Pl 6 4 507,000 460,000
Condo Piermont 52 Gair St 1 1 259,000 250,000
Estate Palisades 12 Lawrence Ln 5 5.1 4,250,000 3,475,000

3Q 2011 YTD vs. 3Q 2010 YTD - Single Family Homes

New inventory (the number of homes going on the market) decreased 20% (188 YTD 2011 vs. 235 YTD 2010). The number of sales decreased 14.9% (63 YTD 2011 vs. 74 YTD 2010). The average sales price of homes that have sold decreased approximately 3.3% to $633,071. Overall, the average sales price for single family homes that have sold in Rockland County (inclusive of the river villages) was $449,572, down 0.3% over the same period last year.

3Q 2011 YTD vs. 3Q 2010 YTD - Condos

New inventory (the number of condos going on the market) decreased 15.2% (67 YTD 2011 vs. 79 YTD 2010). The number of sales decreased 7.1% (26 YTD 2011 vs. 28 YTD 2010). The average sales price of condos that have sold decreased 26.2% to $364,983. Overall, the average sales price for condos that have sold in Rockland County (inclusive of the river villages) was $240,871, down 10.6% over the same period last year.

Visit my website at http://www.donnacox.com to see a wonderful selection of homes for sale in Rockland County, Nyack, Piermont and other Hudson Valley Rivertowns. Or, give me a call on 845-641-8613; I'd love to hear from you.

Donna Cox
Broker Associate
Better Homes and Gardens Real Estate - Rand Realty
268 S. Main St.
New City, NY 10956
845-641-8613 (cell)
Visit my website @ www.DonnaCox.com
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Posted Saturday Nov 05