MICAELA STANALAND REAL ESTATE

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.

OCTOBER 2021 REAL ESTATE MARKET

ROCKLAND

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

OCTOBER 2021 REAL ESTATE MARKET

ORANGE

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

OCTOBER 2021 REAL ESTATE MARKET

BERGEN

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

OCTOBER 2021 REAL ESTATE MARKET

WESTCHESTER

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

Curious about the market?

Get notified at the beginning of each month when our Monthly Market Update is posted!