Market Report for Rockland County

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

  2017 2016 % Change
New Listings 4033 4099 -1.61%
Sold Listings 2814 2603 8.11
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

Email: noemi@noemimorales.com

 

Information brought to you by Coldwell Banker Market Report.

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