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

The Bergen County housing market finished strong in the fourth quarter of 2016, with sales up sharply and prices showing signs of meaningful appreciation. Sales. Bergen single-family home sales were up almost 11% for the quarter, the ninth straight quarter where we’ve seen year-on-year sales growth. And for the year, sales were also up 11%, marking the third straight year of sales increases. Indeed, sales in the 2016 calendar year hit their highest levels since 2005, and are now up […]

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 relatively slow third quarter, regional sales surged back, rising almost 11% and up sharply in every county in the report: rising 11% in Bergen, 14% […]

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 row with year-on-year sales increases. And for the calendar year, sales were up almost 16%, rising to the highest yearly total that we’ve seen since […]

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 in 10 straight quarters and 18 out of the last 19. Prices. Even with demand up, though, pricing is surprisingly stubborn. Single-family home prices were […]

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 a trend we’ve been watching for almost five years, with Orange sales now up nine quarters in a row and 18 out of the last […]

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 over 10 years. We calculate the “months of inventory” by measuring how long it would take to sell out the existing available homes at the […]

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 long it would take to sell out the existing available homes at the current rate of sales. Anything below six months is considered a “tight” […]

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 continues to fall. As we have explained before in the Rand Report, we measure the “months of inventory” by looking at the number of available […]

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

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 continues to fall. As we have explained before in the Rand Report, we measure the “months of inventory” by looking at the number of available […]

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Older Posts

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

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

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

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

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

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

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

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

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

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