Sullivan County Real Estate Blog

My blog — with over 500 posts since 2006 — is opinionated, controversial and always lively, as are the 3,500 comments left by visitors. Featured in an Oct. 2008 NY Times article, A View from the Blog.

 

Sullivan County Multiple Listing Property SearchCheck out my new — and much improved — Sullivan County Real Estate MLS Property Search with lots of added features and more robust search functionality, like the ability to search for lakefront or riverfront, even properties with ponds, rather than just generic 'waterfront'. Expanded listing details now include more of the information you want, like property taxes. There's even a cool new iPhone app! Once you've taken the new search for a test drive, I'm sure you'll agree it's the best MLS search around for Sullivan County real estate.

I''ve also added 2 new pages, What is an MLS and Search Tips, to help you make the most of your online property shopping.

Current Market Conditions

Sales Volume Drops Sharply in February,
Prices Paint a Mixed Picture

(March 2010) February's sales performance was, frankly, disappointing. For the 3 month period ending Feb. 28th, there were 91 single family sales reported in the Sullivan MLS, about on par with the 89 sales for the same period a year earlier. What is disappointing in these results, however, is that Feb. 2009's 3 month data was the first full 3 month report period following the Lehman meltdown in Oct. 2008, and sales then plummeted. To have fallen back again to that sales rate, after months of steady improvement, is striking.

The single month of February was particularly poor, with just 16 single family sales reported in the Sullivan MLS, compared to 19 in February 2009. The sales drop from Feb. 2009 can probably be attributed to the winter storms at the end of the month that effectively shut down the county — and delayed closings — for the better part of a week. But even without that setback, there was unlikely to be a volume pickup over the previous year, and the momentum which has been building for six months seems to have lost steam.

On the price front, the median sales price for the 3 month period ending Feb. 28th, $120,000, was down 9% from the previous month's $132,000. The average sales price, however, slipped a bit as well, to $158,293 (from $162,123), a more modest 2.4% drop.

(Continue to Full Report -->)

Sullivan County MLS Single Family Home Sales — Average Prices
  Current Listings Closed Sales Dec 09 - Feb 10
All Single Family Homes $279,476 $158,293
Lakefront Homes $725,462 $384,237
Non-Lakefront 10+ Acres $410,772 $239,750

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 real estate in the Catskills.