Last Updated November 2, 2021
OCTOBER 2021
The Hudson Valley Real Estate Market is still going strong for sellers!
Another month of low inventory and steady (if not increasing) buyer demand resulted in high sale prices in this past October, with each county surpassing sales from the same month last year.
Here's a closer look at how the real estate market turned out last month for Rockland, Orange, Bergen, and Westchester Counties.
Rockland County Real Estate Recap
October 2021 | Micaela Stanaland | c: (845) 596-9414
254
This past October, the OneKey MLS recorded 254 single-family home sales in Rockland County, ranging from $226,000 to $2,580,000.
This is slightly lower than October 2020's recorded sales of 268 sales, which ranged from $163,000 to $3,800,000.
$595K
Rockland County's median sale price for a single-family home last month was $595,000.
This number is up nearly $80,000 from last October, when the median sale price in Rockland was $518,000.
22 Days
The median time a house spent on the market this October before stopping showings (which is typically done after the sellers accept an offer) and/or going into contract.
Homes sold a week faster this past October compared to the same month last year.
Rockland's Current Real Estate Market:
Updated November 2, 2021
Single-Family Homes for Sale: 366
Median Asking Price: $699,000
Price Range: $100,000 to $5,500,000
Orange County Real Estate Recap
October 2021 | Micaela Stanaland | c: (845) 596-9414
396
This past October, the OneKey MLS recorded 396 single-family home sales in Orange County, ranging from $65,000 to $1,226,217.
This is nearly 100 sales lower than October 2020's recorded 482 sales, which ranged from $65,000 to $2,075,000.
$385K
Orange County's median sale price for a single-family home last month was $385,000.
This number is up $60,000 from last October, when the median sale price in Orange County was $325,000.
30 Days
The median time a house spent on the market this October before stopping showings (which is typically done after the sellers accept an offer) and/or going into contract.
Homes sold about a week faster this October compared to the same month last year, which had a median 38 days on market.
Orange County's Current Real Estate Market:
Updated November 2, 2021
Single-Family Homes for Sale: 936
Median Asking Price: $400,000
Price Range: $60,000 to $30,000,000
Bergen County Real Estate Recap
October 2021 | Micaela Stanaland | c: (845) 596-9414
634
This past October, the NJMLS recorded 634 single-family home sales in Bergen County, ranging from $33,000 to $5,300,000.
This is about 30% lower than October 2020's recorded 912 sales, which ranged from $175,000 to $6,996,018.
$610K
Bergen County's median sale price for a single-family home last month was $610,000.
This number is up nearly $30,000 from last October, when the median sale price in Bergen County was $581,000.
37 Days
The average time a house spent on the market this October before stopping showings (which is typically done after the sellers accept an offer) and/or going into contract.
Bergen County's Current Real Estate Market:
Updated November 2, 2021
Single-Family Homes for Sale: 1,194
Average Asking Price: $1,300,000
Price Range: $57,000 to $33,000,000
Westchester County Real Estate Recap
October 2021 | Micaela Stanaland | c: (845) 596-9414
566
This past October, the OneKey MLS recorded 566 single-family home sales in Westchester County, ranging from $150,000 to $11,500,000.
Similar to Bergen, this is about 30% lower than last October's recorded 784 sales.
$715K
Westchester County's median sale price for a single-family home last month was $715,000.
This is the only County of the four that experienced a decrease in the median sale price when compared to lsat October, where the median sale price was $742,000.
27 Days
The average time a house spent on the market this October before stopping showings (which is typically done after the sellers accept an offer) and/or going into contract.
Westchester County's Current Real Estate Market:
Updated November 2, 2021
Single-Family Homes for Sale: 1,240
Median Asking Price: $875,000
Price Range: $120,000 to $100,000,000
MICAELA STANALAND
© 2021 Rand Realty
