Elliman Report: Putnam & Dutchess Sales 3Q 2015
PUTNAM Housing price trend indicators moved higher in the third quarter as market conditions tightened. Median sales price for single family and condo sales increased 5.4% to $316,000. Average sales...
View ArticleElliman Report: Putnam & Dutchess Sales 4Q 2015
PUTNAM Putnam county sales activity rose sharply from year ago levels as supply slipped. There were 299 sales in the final quarter of 2015, up 13.3% from the year ago quarter. Listing inventory...
View ArticleElliman Report: Putnam & Dutchess Sales 1Q 2016
PUTNAM The number of Putnam county sales continued to rise sharply over prior year levels, overpowering inventory. There were 227 sales in the first quarter, up 26.8% from the prior year quarter. Of...
View ArticleElliman Report: Putnam & Dutchess Sales 2Q 2016
PUTNAM Putnam county sales activity continued to surge above year ago levels. Sales levels have been up sharply since the third quarter of 2015. There were 269 sales in the second quarter, up 36.5%...
View ArticleElliman Report: Putnam & Dutchess Sales 3Q 2016
The Putnam county housing market saw the most sales in 11 years. The number of sales surged 21.5% to 367 from the same period a year ago. Single family home sales accounted for 87.2% of total sales...
View ArticleElliman Report: Putnam & Dutchess Sales 4Q 2016
PUTNAM Putnam county sales reached their highest fourth quarter total in more than 20 years as price trend indicators slipped. There were 310 sales, up 3.7% from the year-ago quarter. The record was...
View ArticleElliman Report: Putnam & Dutchess Sales 1Q 2017
PUTNAM Despite the year over year decline in sales volume, the number of sales in Putnam County was the second highest first quarter total of the past 12 years. There were 219 sales, down 3.5% from the...
View ArticleElliman Report: Putnam & Dutchess Sales 2Q 2017
PUTNAM The Putnam market was characterized by rising prices, elevated sales and falling inventory. Although the number of sales slipped 1.1% to 266 from the year ago quarter, it was the second highest...
View ArticleElliman Report: Putnam & Dutchess Sales 3Q 2017
Housing price trends in Putnam County showed mixed results as inventory continued to decline and sales fell unexpectedly. Median sales price increased 2.1% to $329,900, and average sales price slipped...
View ArticleElliman Report: Putnam & Dutchess Sales 4Q 2017
Overall price trend indicators for Putnam County showed pronounced year over year price growth as year over year inventory declined for the 10th consecutive quarter. Median sales price rose 13.3% to...
View ArticleElliman Report: Putnam & Dutchess Sales 1Q 2018
The Putnam county housing market experienced rising sales and prices in the first quarter. The number of sales rose 4.6% to 229 from the year-ago quarter to the highest first-quarter sales total in 13...
View ArticleElliman Report: Putnam & Dutchess Sales 2Q 2018
The Dutchess County housing market showed mixed price trends along with falling inventory and sales. Median sales price county-wide jumped 14% to $302,000, and average sales price slipped 0.7% to...
View ArticleElliman Report: Putnam & Dutchess Sales 3Q 2018
The Putnam County housing market was characterized by rising prices and sales this quarter despite the rise in listing inventory. The median sales price rose 5.8% to $348,950 from the year-ago quarter....
View ArticleElliman Report: Putnam & Dutchess Sales 4Q 2018
Median sales price rose year over year for the seventh consecutive quarter. The price trend indicator expanded 5.6% to $359,000 from the same period a year ago. Average sales price followed the same...
View ArticleElliman Report: Putnam & Dutchess Sales 1Q 2019
While the overall price trend indicators showed mixed results year over year, the median sales price reached a second full year of increases. Median sales price increased 4% to $325,000 from the prior...
View ArticleElliman Report: Putnam & Dutchess Sales 2Q 2019
The number of sales rose faster than inventory as median sales price continued its multi-year streak of increases. There were 256 sales in the second quarter, up 16.4% from the prior year quarter for...
View ArticleElliman Report: Putnam & Dutchess Sales 3Q 2019
The overall market was characterized by rising prices along with gains in both the number of sales and listing inventory. The median sales price increased year over year for ten straight quarters,...
View ArticleElliman Report: Putnam & Dutchess Sales 4Q 2019
After a robust prior quarter, all price trend indicators and the number of sales declined from the year-ago. Median sales price decreased by 6.7% to $335,000, and the average sales price fell 5.1% to...
View ArticleElliman Report: Putnam & Dutchess Sales 1Q 2020
Final two weeks of March 2020 • The number of sales increased by 11.7% to 248 from the prior-year quarter, the third increase in four quarters. However, that pattern was not reflective of the recent...
View ArticleElliman Report: Putnam & Dutchess Sales 2Q 2020
The market began to open in early June as ‘shelter-in-place’ rules were modified to allow in-person showings by real estate brokers. The market transparency came relatively late in the quarter and is...
View ArticleElliman Report: Putnam & Dutchess Sales 3Q 2020
Price trends surged as a supply-constrained market could not meet the demand caused by the spring lockdown and outbound migration from New York City. As a result, price trend indicators moved higher...
View ArticleElliman Report: Putnam & Dutchess Sales 4Q 2020
The fourth quarter continued where the third quarter left off; significant sales and price gains combined with a significant supply decline. Listing inventory declined 34.8% year over year to 334, the...
View ArticleElliman Report: Putnam & Dutchess Sales 1Q 2021
Price trend indicators and sales surged to record highs for the third straight quarter as listing inventory continued to plummet. The number of sales surged year over year at their highest rate in more...
View ArticleElliman Report: Putnam & Dutchess Sales 2Q 2021
Median sales price jumped 24.6% to a new record of $380,000, the fourth straight quarter with a top-three result. Average price per square foot surged by 31.8% to a record $207 from the prior-year...
View ArticleElliman Report: Putnam & Dutchess Sales 3Q 2021
With low mortgage rates, a strong regional economy, and limited inventory, all price trend indicators for the county surged year over year and above the same period in 2019. The median sales price...
View ArticleElliman Report: Putnam & Dutchess Sales 4Q 2021
The market was characterized by rising prices, stabilizing sales, and sharply falling supply, resulting in the fastest-paced market on record. Median sales price rose 16.3% to $436,250 and average...
View ArticleElliman Report: Putnam & Dutchess Sales 1Q 2022
Median sales price jumped 20% higher from the year-ago quarter to a first-quarter record of $449,899 and 37.4% above pre-pandemic levels. Average sales and average price per square foot followed a...
View ArticleElliman Report: Putnam & Dutchess Sales 2Q 2022
Median sales price increased 7.7% year over year to a new high of $452,250, 26% above pre-pandemic levels. The average sales price jumped 13.6% year over year to a record $545,529 and was 42.7% above...
View ArticleElliman Report: Putnam & Dutchess Sales 3Q 2022
Median sales price rose 5.1% to a record $470,000, which was 30.2% above prepandemic levels. Median sales price gains have been consistent, with no annual declines for nine quarters. There were 376...
View ArticleElliman Report: Putnam & Dutchess Sales 4Q 2022
There were 217 listings at the end of the fourth quarter, 0.9% more than the prior year’s quarter, 20.8% below the preceding quarter, and 4.5% below the same period in 2019. The 278 sales total was 24%...
View ArticleElliman Report: Putnam & Dutchess Sales 1Q 2023
Median sales price slipped 4.4% annually to $430,000, 31.3% above the pre-pandemic level. Average sales price declined 3.8% year over year to $473,039 and 30.7% above prepandemic levels. The number of...
View ArticleElliman Report: Putnam & Dutchess Sales 2Q 2023
Listing inventory dropped 16.5% to 391, the first annual decline in five quarters. Although much higher mortgage rates over the past year have restrained sales, lack of supply has been a chronic...
View ArticleElliman Report: Putnam & Dutchess Sales 3Q 2023
Median sales price rose 3.7% to $487,500 from the prior year quarter to a new high and 35% above the pre-pandemic levels. Average sales price followed the same pattern, expanding 7.5% annually to a...
View ArticleElliman Report: Putnam & Dutchess Sales 4Q 2023
All price trend indicators increased year over year but fell short of the records set in the prior quarter. Median sales price increased annually for the second straight quarter, up 6.7% to $480,000...
View ArticleElliman Report: Putnam & Dutchess Sales 1Q 2024
Sales fell year over year for the tenth consecutive quarter, down 10.3% to 183. Listing inventory has increased year over year for the first time in five quarters. The ‘lock-in effect’ from the steep...
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