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 and Greater Hudson Multiple Listing Systems with over 2,000 properties in Sullivan County, 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, Prices Dip But Activity Picks Up in May

(May 2012) The sales picture for the three month period ending April 30, 2012 was somewhat disappointing. The number of closed sales in Sullivan County for the three month period, 83, was down 16% from the same period a year earlier. The median sales price, $115,000, was off 11.5%, while the average sales price, $125,382, showed a drop of 18.6% drop over the same period in 2011. I started tracking sales data in 2001, and these are the lowest closed sales price numbers for the February-April period since 2003. Compared to the peak of the market in 2007, the median is down 41% and the average is down 44% from the February-April period of that year. (I'm using the same period historically, so compare apples to apples.)

Prices are clearly down, but by how much on an apples-to-apples, same type of house basis, is hard to determine. A lot of the winter buying activity was driven by cash-laden investors picking up cheap properties to either rent out or fix up and flip. 35% of the sales during the February to April period closed at prices of $75,000 or less, and 80% of these were all-cash sales (a good indicator of an investor purchase.) At the opposite end of the price spectrum, the top sale was $400,000, and only two other sales closed above $300,000.

We may have turned a corner, though, as buyer activity was sharply up in May. My two colleagues and I at CBA had more offers and struck more deals in a single month than we've done since the market peak in 2007. In some categories, like moderate priced lakefront, invenytory is almost tapped out. There's been a distinct shift in buyers' attitudes, that now is a good time to buy.

For more data on market activity, areas of buyer interest, inventory and trends in asking prices Continue to Full Report -->

Sullivan County Single Family Home Sales — Average Prices
  Current Listings** Closed Sales Feb - Apr 2012
All Single Family Homes $239,629 $125,382
Lakefront Homes $586,402 $318,333
Non-Lakefront 10+ Acres $363,971 $139,539

** Current Listings from the Sullivan MLS only. Closed sales includes Sullivan sales compiled from Sullivan MLS and Greater Hudson MLS.

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.