Sullivan County Real Estate Blog

My blog — with over 500 posts since 2006 — is opinionated, controversial and always lively, as are the 4,000 comments left by visitors. Featured in an Oct. 2008 NY Times article, A View from the Blog.

 

Sullivan County Multiple Listing Property SearchLooking for property? Search the Sullivan County Multiple Listing System with over 2,000 properties, from Wurtsboro to Roscoe, listed by over 70 real estate brokerages. And because we work only as buyer agents and don't take listings ourselves, the search results you see on this site are never biased to feature our own listings (because we don't take them). You search, you get. Straight up. You can post your favorites to your Facebook wall to share with your friends, and search from your iPhone too.

We're Here To Help

The 3 of us at Catskills Buyer Agency have a total of over 40 years experience with Sullivan County real estate. We know this county, from one end to the other like the back of our hands. We know the properties, the gems and the dogs, the good deals and the bad. So use us to help you find that perfect place. Give a call to 845-468-5710 or send an email to davidk@beechwoods.net.

Current Market Conditions

Sales Volume Slightly Up, Prices Down,
Activity Remains Lackluster

(July 2010) The volume of single family sales reported in the Sullivan MLS for the 3 months ending June 30th edged up a bit, to 96 single family homes, from the 88 reported for the 3 months ending May 30th. But the sales volume still remains very lackluster, and clocked in at 7% less than the same period a year earlier.

On the price front, the 3 month average sales price measure plummeted 14% from the month earlier, but half of that drop can be attributed to a single $1.35M sale moving out of the 3 month average, illustrating the impact that a single large sale can have on the average. However, when that sale is factored out, the average sales price still took a 6% hit.

The median sales price, which tends to be a more stable trend indicator, held relatively steady at $139,450, about where we've been since March. The single month data points to continuing around this median price point for the near term, while there could be a continued dip in the average sales price — largely a function of continuing softness in the mid to upper end. (For the latest 3 month period, only 3 single family homes sold above $400,000.)

The average sales price to asking price was 90.4%, while the average sales price to original asking price was 81.4%. Both of these are spot on with the ratios we've seen consistently for the past year.

17.7% of the closed sales for the latest 3 month period were bank owned foreclosures, with an average sales price of $60,353.

(Continue to Full Report -->)

Sullivan County MLS Single Family Home Sales — Average Prices
  Current Listings Closed Sales Apr - Jun 2010
All Single Family Homes $261,953 $146,017
Lakefront Homes $617,083 $409,333
Non-Lakefront 10+ Acres $415,808 $299,000

For a more complete review of this month's data, including inventory trends. sales prices and a discussion of the buyer trends I'm seeing and price changes from the 2007 market peak, check out the full Current Market Conditions report.

Sullivan County Real Estate

Sullivan County Barn

Barn in Bethel

Beautiful, affordable, friendly and just 2 hours from New York City are the reasons so many New Yorkers choose Sullivan County for their second home getaway. We pretty much have everything you're looking for — lakes, mountains, rivers, farms and that friendly, down home country welcome.

Catskill real estate lakefront home

Timber Lake Log Home

Sullivan County has tremendous variety, from in-town fixer uppers, cozy mountain getaways, classic farm houses and estate quality properties along with the widest range of waterfront real estate in the Catskills, including world renowned rivers and over three dozen motorboat and non-motorboat lakes. With so many options and areas, buyers need good guidance to find the right property at the right price — the guidance that Buyer Agency provides.

Modern Home near North Branch, NY

Modern Home
near North Branch

If you're not familiar with the area, or are just starting your search for Catskill real estate, I've put together a lot of information to give you a good introduction. Check out the links on the left — you'll get a good feel for home prices, up-to-date market trends, areas of the county, how best to find a house here and listings for sale. Be sure to read my Current Market Conditions for Sullivan County Real Estate (updated monthly) and What Houses Cost Here.

If you're looking for Sullivan County New York real estate, please drop me an email or give me a call. We're the best value in Catskills real estate.

 

(April 15, 2010) Check out the New York Times Great Homes and Destinations article on Catskills Real Estate. If you're coming to this site for the first time from the Times article, and are intrigued by my comment about "Little Black Dress" houses, I've posted some of my fave Little Black Dress house picks over on my blog.