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Luxury Home Stats for Ulster County

I have broken this down into bands so you can get a real picture of the market

The actives & Pending are as of March 21,2008 The Closed, Expireds, Days on Market, List Price & Sale Price are Stats for Jan 1, 2007 to Dec 31, 2007

$500,000-599,999

$600,000-
$699,999
$700,000-
$799,999
$8900,000-
$899,999
$900,000-
$999,999
$1,000,000-
$1,999,999
$2,000,000+
Number of Active Listings82352812143723
Number Closed502315149152
Number Pending 2102020
Number Expired79615331231516
Average Days on Market184189212181259283255
Average List Price$574,251$685,456$774,453$916,707$1,028,305$1,366,266$3,125,000
Average Sale Price$541,484$648,760$752,029$849,671$934,861$1,307,166$2,800,000


This is a real snapshot of our Luxury Market. In Ulster County the top 10% of sales are $500,000 and up. Some of the interpetations of this are that houses in the top percentages take at least 6 months to sell & the higher end averages 8 months or more Quite a few have taken a couple of years to sell. The market prices have more of difference form list to sale as you get into the higher end houses. If you have a luxury home to sell you can use this info to see at what price you have a greater chance of selling and how many "real buyers" there are.

Please visit my website for information about Ulster County and to view all the listings www.JOANCAPRIA.COM

Posted Friday Mar 21