Located approximately 1 mile from the Taconic Parkway, 3 miles from Pleasant Valley and 6.5 miles from Millbrook, this custom built home in a private rural neighborhood is conveniently situated. For more details go to the "Our Listings" section of our website and click on "Custom Cape Cod".

According to information provided by the Mid Hudson Multiple Listing Service for the first quarter of 2013, sales of single family homes in Dutchess County increased 18.6% from the same period last year to 332 units. The median sales price, however, decreased 4.8% from the prior year to $228,352 while the average days on the market decreased 6.9% to 162 days. Generally, the market seems to be continuing to improve even though the median price suffered what should prove to be a temporary setback for the quarter. Looking at the one million plus segment for the same period, home sales increased from 3 in 2012 to 5 sales last quarter. The median sale price jumped 9.1% to $1,750,000 while the average days on the market remained about the same at 222 days. Of the 5 sales, the most in the first quarter since 2008, all but one were sold below two million dollars. Here again, the data seems to suggest that this section of the market is also slowly improving.

The price has just been reduced on this glorious 284 +/- acres of open and wooded land in the Town of Stanford. A new driveway leads to a building site with magnificent views. Properties of this caliber are a rare find in the market today. See "Our Listings" above for information and more pictures.

This charming circa 1750 Colonial Farmhouse in the Town of Stanford can be purchased on 4.99 acres or 50.9 acres. Go to "Our Listings" above for pictures and details.

HW Guernsey Realtors recently sold this private one-level home located in the heart of Millbrook Hunt Country. With its exquisite perennial landscape, lovely pool and covered porches, numerous paddocks leading out from the four stall shed row stable with two bedroom apartment above, this was a wonderful property. It was listed for $975,000 and was on the market for 99 days.

Closed sales of single family detached homes in Dutchess County through the end of the 3rd quarter of this year increased 2.3% over the same period in 2011 to 1104 units according to data provided by Mid-Hudson Multiple Listing Service. The median price decreased 1.9% from the previous year to $248,750 while the average days on the market increased 4.3% to 147 days. Single family detached listings available for sale at the end of the quarter were down 8% from a year ago to 1971 units. For houses listed at one million dollars and over, there were 15 sales year to date by the end of the 3rd quarter compared with 17 sales last year. The median price of $1,315,000 was 16.5% less than the prior year while the average days on the market increased from 205 to 305 days. There were 117 properties for sale priced at one million or more at the end of the quarter. The overall market appears to be stabilizing and poised for further improvement, however, realistic pricing remains the key issue moving forward.

According to figures recently released by the New York State Association of Realtors, closed sales of existing single-family homes, condos and co-ops through the end of July 2012 show an increase of 6.3% over the same period in 2011. Although the statewide median price dropped slightly (1.8%) from the same period a year ago, total inventory has dropped considerably and is trending toward a more balanced market and eventual price stability.

Previous Posts »