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East Fishkill

Real Estate Market Update - New York, Dutchess & Ulster

Let's summarize some of the more important statistics from the latest real estate market report from the New York State Association of REALTORS®.  We're going to take a look at New York State, and then drill down to Dutchess and Ulster Counties numbers.

Overall the real estate market is healthy and it is a good time to sell and buy.  Because inventories of available homes are low, it is a sellers market, but so far this situation has not led to significant increases in sales prices.

State of New York - Year-to-date through February 2016, compared to the same period last year:

     • 7.9% more listings came on the market, but the inventory is still low in certain areas.

     • Pending contracts were up 19.6%.  These are properties that have accepted contracts but have not yet closed.

     • Closed sales were also up this year by 18.7%.  Based on the increase in pending contracts, it looks like we will also see a significant increase in closed sales for March.

Our Agents - Sharpening Their Skills

Century 21 Alliance Realty Group agents learning new technologies at our training center in East Fishkill.

A big thank you goes out to Sandy Tambone of the MidHudson MLS for tailoring the training to our specific requests. It was a great class and everyone learned something new.

East Fishkill

East Fishkill is located on 57.3 square miles on the southern border of Dutchess County, and had a population of 29,029 at the 2010 census.

Interstate 84, the Taconic State Parkway, and the Appalachian Trail pass across the town. 

East Fishkill includes the communities of Arthurburg, Fishkill Plans, Hopewell Junction, Hortontown, Johnsontown, Lomala, Pecksville, Shenandoah, Stormville, and Wiccopee.

Hudson Valley Research Park is located in the town, and houses 27 divisions and 4,700 regular employees for IBM Microelectronics. IBM also has an advanced, automated processor fabrication facility where the "Cell" processor was co-developed.

Photo: Bykenhulle, historic home now a bed and breakfast, Hopewell Junction, NY, author Daniel Case.