Rand Country Blog

Rand Country Blog

Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 Overall – Northern New Jersey

The Northern New Jersey housing market finished strong in the final quarter of 2016, with sales up sharply even while pricing continued to struggle. But with inventory levels falling throughout the region, we expect that sustained buyer demand will drive meaningful if modest price appreciation in 2017. Sales were strong throughout the region. After a […]
Rand Country Blog

Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Dutchess County, New York

The Dutchess County housing market finished strong in the fourth quarter of 2016, with a sustained increase in sales along with the largest yearly price appreciation in over ten years. Sales. Dutchess single-family home sales were up again in the fourth quarter, rising over 7% from last year and marking the ninth quarter in a […]
Rand Country Blog

Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Putnam County, New York

The Putnam County housing market finished the 2016 year strong, with sales continuing to rise even while inventory tightened. Sales. Putnam sales were up again in the fourth quarter, with single-family home closings up almost 10% from last year and now up almost 21% for the year. The market is just sizzling, with transactions up […]
Rand Country Blog

Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Orange County, New York

The Orange County housing market surged yet again in the fourth quarter of 2016, with clear signs of meaningful price appreciation for the first time in years. Sales. Orange single-family sales were up yet again, rising almost 19% from last year’s fourth quarter, and finishing the full 2016 calendar year up almost 25%. This continues […]

Rand Country Blog Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 Overall – Northern New Jersey The Northern New Jersey housing market finished strong in the final quarter of 2016, with sales up sharply even while pricing continued to struggle. But with inventory levels falling throughout the region, we expect that sustained buyer demand will drive meaningful if modest price appreciation in 2017. Sales were strong throughout the region. After a […]

Rand Country Blog Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Dutchess County, New York The Dutchess County housing market finished strong in the fourth quarter of 2016, with a sustained increase in sales along with the largest yearly price appreciation in over ten years. Sales. Dutchess single-family home sales were up again in the fourth quarter, rising over 7% from last year and marking the ninth quarter in a […]

Rand Country Blog Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Putnam County, New York The Putnam County housing market finished the 2016 year strong, with sales continuing to rise even while inventory tightened. Sales. Putnam sales were up again in the fourth quarter, with single-family home closings up almost 10% from last year and now up almost 21% for the year. The market is just sizzling, with transactions up […]

Rand Country Blog Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Orange County, New York The Orange County housing market surged yet again in the fourth quarter of 2016, with clear signs of meaningful price appreciation for the first time in years. Sales. Orange single-family sales were up yet again, rising almost 19% from last year’s fourth quarter, and finishing the full 2016 calendar year up almost 25%. This continues […]

Rand Country Blog Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Rockland County, New York The Rockland County housing market tapered off a bit in the fourth quarter of 2016, but still finished the year with significant increases in both sales and prices. Inventory. The story in Rockland County is the declining inventory, with the number of homes for sale falling again, now reaching levels we have not seen in […]

Rand Country Blog Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Westchester County, New York The Westchester housing market in the fourth quarter of 2016 started to show the impact of tightening inventory, with sales flattening out and prices rising as buyers chased fewer available homes for sale. Inventory. The story in Westchester as 2016 ended was about the declining inventory. We calculate the “months of inventory” by measuring how […]

Rand Country Blog Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 Overall: Westchester and Hudson Valley The story of the housing market in Westchester and the Hudson Valley at the end of 2016 was all about inventory. The number of homes on the market continues to decline, which is already negatively impacting the rate of sales growth, but is likely to positively impact price appreciation in 2017. Inventory throughout the region […]

Rand Country Blog Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 Overall: Westchester and Hudson Valley

Rand Country Blog Real Estate Market Report: Third Quarter 2016 – Sussex County, New Jersey The Sussex County housing market surged again in the third quarter of 2016, with sales up sharply and some modest appreciation in pricing. Sales. Sussex sales were up again in the third quarter, rising 9% from last year and finishing the year up over 23%. This continued a trend that we’ve been watching for the […]

Rand Country Blog Real Estate Market Report: Third Quarter 2016 – Essex County, New Jersey The Essex County housing market was a mass of contradictions in the third quarter of 2016, with sales down but prices up. Sales. Essex activity continued to disappoint in the third quarter, with transactions down almost 3% from last year. This marked the first quarter of year‑on‑year sales declines in almost two years, breaking a […]

Rand Country Blog Real Estate Market Report: Third Quarter 2016 – Morris County, New Jersey The Morris County housing market softened in the third quarter of 2016, with sales up modestly and prices mixed. Sales. Morris County sales were up only slightly, rising about 4% from the third quarter of last year. Even that tepid increase, though, was enough to continue a two‑year streak in which year‑on‑year sales have gone […]

Rand Country Blog Real Estate Market Report: Third Quarter 2016 – Passaic County, New Jersey Sales in the Passaic County housing market continued to rise in the third quarter of 2016, but these sustained levels of buyer demand are not yet having their expected impact on pricing. Sales. Passaic sales were up again in the third quarter, rising over 6% from last year and finishing the rolling year up over […]

Rand Country Blog Real Estate Market Report: Third Quarter 2016 – Bergen County, New Jersey The Bergen County housing market plateaued in the third quarter of 2016, with sales and prices flat over the summer after a spike in spring activity. Sales. Bergen sales were flat in the third quarter, rising less than 1% after a pretty robust period over the past two years. Indeed, even with that minimal sales […]

Rand Country Blog Real Estate Market Report: Third Quarter 2016 – Northern New Jersey Market Overview The Northern New Jersey housing market plateaued in the third quarter of 2016, with sales flattening out after a torrid start to the year and pricing struggling to gain traction. With inventory levels falling throughout the region, though, we expect that the market might gain strength going into 2017. Sales were basically flat throughout the […]

Rand Country Blog Real Estate Market Report: Third Quarter 2016 – Dutchess County, New York The Dutchess County housing market continued to strengthen in the third quarter of 2016, with a moderate increase in sales coupled with an eye‑opening spike in pricing. Sales. Dutchess single‑family home sales were up again in the third quarter, rising 8% from last year. This marked the eighth quarter in a row with year‑on‑year sales […]

Rand Country Blog Real Estate Market Report: Third Quarter 2016 – Putnam County, New York The Putnam County housing market surged again in the third quarter of 2016, with sales way up and prices stabilizing after a summer spike. Sales. Putnam sales were up again in the third quarter, with single‑family home closings up over 12% from last year and now up almost 22% for the year. The market is […]

Rand Country Blog Real Estate Market Report: Third Quarter 2016 – Orange County, New York The Orange County housing market surged again in the third quarter of 2016, with sales up dramatically and, more importantly, the first signs of meaningful price appreciation since the 2008-09 financial crisis. Sales. Orange single‑family sales were up yet again, rising over 18% from last year and now up over 25% for the rolling year. […]

Rand Country Blog Real Estate Market Report: Third Quarter 2016 – Rockland County, New York The Rockland County market surged again in the third quarter of 2016, with a dramatic increase in sales finally driving a meaningful yearly increase in prices. Sales. Rockland single‑family sales were up yet again, rising almost 13% from last year’s third quarter and up 20% for the rolling year. We’ve now seen sustained rates of […]

Rand Country Blog Real Estate Market Report: Third Quarter 2016 – Westchester County The Westchester housing market softened in the third quarter of 2016, with sales flat and prices continuing to weaken even in the face of falling inventory. SALES. Sales activity was up, but not at the pace that we’ve seen over the past few years. Single‑family home sales rose, but only by about 2%. Similarly, coop […]

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