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Avg 1st Qtr Rockland Home Prices Higher

by Stephen Dolinsky

First quarter sales for single family homes in Rockland County.

First quarter sales for single family homes in Rockland County.

If you are looking to sell your home in 2014 things are looking up: the average sale price for single family homes in the first quarter was four percent higher than 1Q 2013.

The average sale price of these 261 single family homes was $421,678, compared with an average of $404,076 in the first quarter of 2013.

As another sign of confidence in the market, sellers asking price was 15% higher this year than last. The average listing price in 2014 was $71,000 higher than 1Q 2013: ($474,302 last year vs. $545,392 in 1Q 2014). This could be because there are more higher end homes on the market this year, or maybe homeowners are slightly more ambitious. It’s probably a combination of the two.

Although 2013 marked a seven year high in sales activity, 2014 is starting strong and pacing close to last year’s record season.

Steven Dolinsky is a local Realtor with Wright Bros. Real Estate in Nyack.  For the past 18 years, he has been helping buyers and sellers with all their real estate needs.  He’s also a passionate photographer and enjoys applying his cutting edge photography and videography skills to marketing his properties.  Steven lives in Nyack with his wife and two children.

Nyack People & Places, a weekly series that features photos and profiles of citizens and scenes near Nyack, NY, is sponsored by Sun River Health.

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