Market update for Dutchess County NY for detached home sales in February 2023
Dutchess County detached home sales in February 2013-2023
There were 109 single-family home sales in Dutchess County NY in February, down 24.8 percent when compared to 145 for the same time in 2022.
The homes sold ranged in price from $125,000 to $2,200,000, four of which were over a million dollars.
These homes were built between 1798 and 2022 with square feet from 620 to 4,250.
Average and Median sale prices of detached homes in February 2013-2023
The average sale price of $477,404 was down .04 percent when compared to $479,225 in February 2022.
On the other hand, the median rose 5.2 percent to $389,000 from $380,000 at the same time last year.
Dutchess County detached homes days on market in February 2013-2023
Days on market rose 10 percent to 77 compared to 70 at the same time last year.
Back in 2014 days on market were as high as 167 days.
The absorption rate ( The time it would take to work off the inventory) is 3.92 months.
Dutchess County detached homes inventory in February 2013-2023
Inventory has been on the decline for some time, however this year at 427 it rose 29,8 percent over 329 in February 2022.