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6 min read
What $900k buys in Ulster County this autumn
The Rondout Creek near High Falls
Written by Nora Ashby
Licensed in New York since 2013
Prices across Ulster County held steady through the summer, with the median sale up a little under three per cent on last year. The bigger change was speed. Homes priced right in the first week sold in nineteen days on average; homes that started high sat for over two months.
I looked at eleven sales between $850,000 and $950,000 since June. Here is what that money bought, town by town.
Three ways to spend $900k
In Stone Ridge and Accord it buys an 18th-century stone house that needs work, or a newer three-bedroom on two to five acres. In Kingston it buys a restored brick house in the Stockade with a small garden. In Woodstock it buys a cabin and a studio on a wooded acre, close enough to walk to the green.
The homes that sold fastest were not the cheapest. They were the ones priced honestly from the first day.
Median sale price, June to October
Stone Ridge
$780,000, up 4%
Kingston
$480,000, up 2%
Woodstock
$690,000, flat
New Paltz
$610,000, up 3%
Saugerties
$520,000, up 1%
If you are thinking of selling this winter, the lesson is simple: price for the first two weeks, not for the first two months. If you are buying, the best homes still go fast, so have your financing ready before you start looking.
