Market update for Dutchess County NY home sales in November 2021
A look at Dutchess County NY home sales in November 2021
The Dutchess County NY home sales in November 2021 of single-family detached homes fell 36.8 percent, going from 272 in November 2020 to 172 this November. Homes sold during the month ranged in price from $41,000 to $1,945.000, built between 1780 and 2021 with square feet from 484 to 8610.
Eight transactions sold for over a million dollars, with prices ranging from $1,151,000 to $1,945,000.
Average and Median Prices for Detached Homes in November 2021
At $480,845 the average sale price fell 3.9 percent when compared to $500,395 at the same time last year
The median price of $407,500 this November was up 7.2 percent higher than last November when the median price was $380,000.
Inventory and Purchase Offers in November 2021
Dutchess homes Inventory continues to decline, at 493 this November it was down 48.2 percent when compared to an inventory of 962 in November 2020.
Purchase offers decreased by 36.2 percent going from 365 in November 2020 to 233 this November.
The absorption rate (the time it would take to work off the present inventory) was 2.87 months this November compared to 3.5 months last November.
Days on Market during November 2021
Homes were on the market 69 days this November which was 19.8 percent fewer days when compared to 86 in November 2020
Comparison Dutchess County Detached NY Home Sales for November 2021 to 2020
| Data | November 2020 | October 2021 | November 2021 |
| Average Price | $ 500,395 | $ 513,437 | $ 480,845 |
| Median Price | $ 380,000 | $401,000 | $407,500 |
| # of Sales | 272 | 253 | 172 |
| Days on Market | 86 | 68 | 69 |
| Inventory | 952 | 621 | 493 |
| Purchase offers | 365 | 241 | 233 |
| Absorption Rate | 3.55 | 2.45 | 2.87 |
Sales of attached homes in November 2021
Dutchess County NY homes sales in November 2021 for attached homes (Coops, Condos, and townhouses) fell 3.6 percent when compared to November 2020. At that time there were 56 sales versus 54 this November. Units sold ranged from $ 57,000 to $940,000. These units were built between 1868 and 2020 with square feet from 650 to 3634.
Median and Average prices of attached homes in November 2021
The attached home average sale price of $287,004 rose 1.3 percent compared to the $283,247 recorded in November 2020.
A median sale price of $231,000 was 10.1 percent less than the median price of $257,000 last November.
Attached Homes Inventory and Purchase offer for November 2021
Inventory at 76 fell 57.1 percent this November when compared to the 177 for the same time last year.
Purchase offers at 49 this November was down 15.5 percent when compared to 58 offers recorded last November.
The absorption rate at 1.40 months was down from the 3.16 months in November 2020 ( The time it would take to work off the present inventory).
Attached Homes Days on Market in November 2021
Days on market at 70 rose 7.7 percent when compared to 65 days last November.
Comparison Dutchess County home sales of attached homes in November 2021 to 2020
| Data | November 2020 | October 2021 | November 2021 |
| Average Price | $283,247 | $282,322 | $287,004 |
| Median Price | $257,000 | $266,000 | $231,000 |
| # of Sales | 56 | 58 | 54 |
| Days on Market | 65 | 49 | 70 |
| Inventory | 177 | 98 | 76 |
| Purchase Offers | 58 | 47 | 49 |
| Absorption Rate | 3.16 | 1.69 | 1.40 |
If you have a real estate need I would welcome the opportunity to assist you. Please call or text Jennifer Fivelsdal | Real Estate Broker | JFIVE Homes Realty LLC. at 845-594-9947
Data used in this report came from the Mid Hudson MLS. Information deemed reliable but not guaranteed.
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