Dutchess County NY Condo sales rose in January 2025
Breakdown Of Dutchess County NY Condo sales
The market report for Dutchess County NY Condo sales in January 2025 showed 17 condos sold compared to 14 at the same time last year. This was an increase of 21.4 percent.
At 100.6 percent these units sold above the list price an improvement over 98.4 percent at the same time last year.
The units sold ranged in price from $156,9000 to $801,583. They were built between 1965 and 2024 and had square feet ranging from 800 to 2046.
Median Price for Dutchess County NY Condo Sales
In January the median price of the condos sold was up 63.2 percent over January 2024. Back then the median price was $245,000 and this year $399,900.
Dutchess County NY Days on Market for Condos
The days on market trended in the right direction, going from 65 in January 2024 to 49 this January. This was a drop of -24.6 percent.
Condo Inventory In January 2025
Inventory rose 10.9 percent going from 46 in January 2024 to 51 this January. The absorption rate at 3 months was less than the 3.28 months in January 2024.
During the month there were 29 new listings up from the 20 recorded at the same time last year. An increase of 45 percent.
Other Market Reports
Co-Ops
Although co-ops are popular in cities, in Dutchess County it is a small part of the real estate market. In January there were 2 sales the same as in January 2024. There was a significant drop in the median price , this January it was $73,500 down from $123,500, which was a change of -40.5 percent.
Dutchess County NY Single Family/Townhouse sales in January 2025
In January both sales and the median price increased for single family/townhouse
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***Data used in this report was obtained from 1Key MLS
Information deemed reliable but not guaranteed. For example, late reporting could lead to a change in the number of sales.
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