Carmel, NY

Hudson Valley

Summer Events Guide

August 20 & 21, 10 AM-5 PM, Carmel, NY -

If you would like to include your event, email me your event and contact information at anthony.stokespereira@randrealty.com

This community event is provided as a service. As event information is provided by organizers and can change without notice, we advise you to contact organizers directly to confirm all details. Every effort is made to provide information that is accurate. However, information of this community event is subject to change at any time by the organizers.

Anthony Stokes Pereira

Better Homes and Gardens Rand Realty

I can help you with every aspect of buying or selling your home because I'm experienced, because I am a Better Homes and Gardens Rand Realty Real Estate Professional . . . and because I care.

As your Better Homes and Gardens Rand Realty Sales Professional, I will provide you with the information you need to make an educated decision.

The relationship between a home buyer or seller and their agent is based on trust, shared goals and understanding. I strive to continually improve and to do this I listen and take the needs and wants into consideration.

For assistance with any of your real estate needs, please contact me, whether it's to get started on helping you realize your goals and dreams, or just to ask a question - no pressure, no hassle, no obligation - just a friendly conversation. I would welcome the opportunity to make a difference for you.

Better Homes and Gardens Real Estate - Rand Realty, founded in 1984, is the No. 1 real estate brokerage in the Greater Hudson Valley with 25 offices serving Westchester, Rockland, Orange, Putnam and Dutchess counties. Rand has more than 800 sales associates, as well as a commercial real estate company (Rand Commercial Services), mortgage company (Rand Mortgage), title company (Hudson Abstract Services) and insurance agency (The Hudson Group Insurance Agency). The company’s Web sites are: randrealty.com, randcommercial.com, randmortgage.com, www.hudsonabstract.com and www.hudson-group.com. Rand Realty is also on Facebook and Twitter. Anthony Stokes Pereira web site www.anthonystokespereira.com . Information deemed reliable but not guaranteed.

Carmel, NY is a community located in Putnam County, NY about an hour north of New York City. It is very close to Westchester County, but the cost of living, especially the cost of homes and property taxes, are often less than Westchester.

What can you get for $525,000 in Carmel? Well, we just sold this 3000 square foot 2001-built 5 bedroom, 3.5 bath colonial on nearly 2 acres this past week. Located on a cul de sac, it has a beautiful master suite, an additional 1300 finished square feet in the walkout basement, rocking chair porch, 2 car garage, fireplace, rear deck, rear patio, and an updated kitchen.

The subdivision is very close to the downtown area of Carmel, with Mahopac and Brewster a short drive away as well. I-684 is about 7 minutes away.

Our sellers got 100% of their asking price and the home spent just 81 days on the market. As you can see, in Carmel these days, $525,000 buys quite a nice home.

Quite frankly, Real Estate must treated like a business. I see way to many business owners do things like keep income off the books, not file for all the proper licences etc... and what happens is when they want to sell ,the business value takes a major hit or even worse it can not be sold! Real Estate is the same way, So if you built that deck, addition or finished your basement and you didn't apply for the proper permits and C of O's you are also affecting your value and ability to sell. I truly believe you should manage your real estate with the thought that if you had to sell today you would be able to get top dollar. This could include zoning changes, such as if you live in a residential house in a commercial district more than likely your highest and best use is commercial. However since its current use is residential you may want to go to the zoning board prior to considering selling to get a change of use. Did you buy your house with a finished basement? In Putnam County if you closed more than 5 years ago chances are that basement is a violation. I have seen this hold up and or kill hundreds of transactions in my career.

At Incline Real property Services we can handle all your property management and compliance work. We can save you money, time and energy! We also have in house property management. visit our website at www.inclinerps.com or call 845-520-3005

So trying to put your finger on the pulse of this market is nearly impossible. I mean I have beautiful houses priced right http://inclinerps.com/Drewville_PDF.pdfand ..............nothing. We get random deals put together on so so houses at prices that make zero sense, bidding wars on houses that after the work is complete they could have purchased a house needing no work for less money..........then of course you have the rental market. One would expect rentals to flourish in the midst of a foreclosure/shortsale frenzy no? but in reality it's actually softened a bit. I suppose people are grouping up and sharing housing, moving in with family and friends to cut costs. The investment market is all but dead due to a lack of good deals available in the multi family and commercial market and or lack of liquid cash and or financing ability! However we seem busier than ever at Incline Real Property services. I thrive in an unpredictable market......So if your a buyer, seller, investor, land lord or realtor...get in touch with us at Incline and lets ride the market together! http://www.inclinerps.com

The state of the real estate market in Carmel, New York, pretty much reflects that of the surrounding towns. There was more listing activity with less sales reported in January 2010. Plus, currently there are over 23 months worth of active listings on the market, which translates into a very strong buyers market.

Below are the vital numbers for Carmel real estate market (as defined by school district, single-family houses only).

Market Profile & Trends Overview

Total properties currently for sale 212
New listings in January 48
Median list price/active listings $375,000
Average list price/active listings $441,983
January properties sold 9
Median sales price $257,000
Average sales price $289,256
January sold price per sq foot $165
Months supply of inventory 23.6

Inventory & Absorption Rate

The total inventory of properties available for sale in Carmel school district as of January was 212, down -3.2% from 219 last month and up 1.9% from 208 in January 2009. The number of new listings was 48, up 77.8% from 27 last month and up 50% from 32 in January of last year.
The January 2010 months supply of inventory of 23.6 months is a sign of a very strong buyers market in Carmel.

Property Sales

January property sales were 9, up 50% from 6 in January of 2009 and -25% lower than the 12 sales last month. January YTD sales of 9 are running 50% ahead of last year's year-to-date sales of 6.

Prices

The median sales price in January was $257,000; up 2.6% from $250,500 in January of 2009 and up 3.2% from $249,000 last month. The average sales price from January was $289,256; up 17.3% from $246,583 in January of 2009 and down -0.6% from $209,979 last month.

Market Time

The average days on market shows how many days the average property is on the market before it sells. The days on market for January was 271, up 97.8% from 137 days last month and down -16.6% from 325 days in January of last year.

Selling Price per Square Foot

The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator. The January 2010 selling price per square foot of $165 was up 5.4% from $156 last month and down -6.3% from 176 in January of last year.

Overall, the real estate in Carmel (NY) strongly favors buyers right now. Combine this with great variety of housing choices, federal tax credits, low mortgage rates - all of these translate into a really fantastic time to buy - what are you waiting for?