Check out the May 2014 New York Magazine article "Get in on Sullivan County"
Sullivan County Real Estate
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.
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, and the most comprehensive source listings for Sullivan County real estate 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 and discover Sullivan County, the best value in Catskills real estate.
Latest sales data show drops
in sales volume and prices
(August 2014) For the second month in a row, year over year sales volume is down double digits. For the latest 3 month perod ending July 31st, the volume of single family home sales was off 15% from the same period a year earlier. On the price side, the median sales price fell 10% from a year earlier. The average sales price was steadier, with the $161,397 3 month average off just 3%, but was skewed up somewhat by a single $3.15M sale at the Chapin Estate.
Closed sales data trails market activity by two to three months, so the latest 3 month data actually reflects activity from March through May. Buyer activity over the winter was slow due to the brutal weather, and there's been a significant pick up in buyer interest this summer. It will be interesting to see if the picture changes over the next couple of months, as summer deals begin closing.
For the latest 3 month period houses, on average, sold for 89.1% of their asking price, which is a slight uptick from last month.
|Current Listings**||Closed Sales May - Jul 2014|
|All Single Family Homes||$243,636||$161,397|
|Non-Lakefront 10+ Acres||$400,274||$315,000|
** Current Listings from the Sullivan MLS only. Closed sales includes Sullivan sales compiled from Sullivan MLS and Hudson Gateway MLS.