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Number of Ulster County home sales drop

Apr 18, 2022 2:03 pm

MidHudson News reports what could be a rare sign that the roaring Hudson Valley housing market could be slowing. In Ulster County in the first three months of this year the number of single-family home sales dropped 23.7 percent from those sold in the first quarter of last year, according to the Ulster County Board of Realtors. In January, February, and March, 373 homes were sold in Ulster County this year, compared with 489 during the same period last year. But two other statistics may show the housing market is still heated: the average selling price rose by 16.7 percent, going from $390,037 in the first three months of 2021 to $435,818 this year. And the number of days a house remained on the market remained about the same with 61 in 2021 and 62 in 2022. Read more about this story at MidHudson News.