As we are one month into 2018, let’s take a look at the real estate market in Rockland County from 2016 to 2017.
December 2017 vs. December 2016
|Med. Listing Price||$409,000||$399,000||2.51%|
|Med. Selling Price||$400,000||$387,000||3.36%|
|Med. Days on Market||56||68||-17.65%|
|List/Sell Price Ratio||97.2%||96.7%||0.55%|
|Avg. Listing Price||$431,521||$420,443||2.63%|
|Avg. Selling Price||$417,691||$406,299||2.8%|
|Avg. Days on Market||86||99||-13.13%|
As we can see, the number of new listings has decreased. What does that mean? THERE AREN’T ENOUGH SELLERS! The median price in Rockland is increasing, so now is the perfect time to sell! The average days on the market are continuing to decrease, which means there are buyers out there eagerly willing to make an offer.
If you’re thinking about selling, give me a call, send me a text or email and I will be happy to help! As always, My Priorities Are Simple… They’re Yours!
Phone: (845) 484-5015