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Is the Hudson Valley experiencing a Buyer's or Seller's market right now?

Wednesday, February 13, 2019   /   by Vanessa Saunders

Is the Hudson Valley experiencing a Buyer's or Seller's market right now?

For most home owners the current inventory numbers which affect Hudson Valley’s real estate remain a mystery. Did you know that the months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area if no new listings became available? Let me help you discover how the inventory of homes on the market impacts the sale of your home.

Months of inventory determines whether it’s a seller’s market or a buyer’s market:

  • If there are 0-4 months of inventory, meaning that all current listings can expect to be sold within 4 months, it is considered a seller’s market because houses are selling very quickly. In a seller’s market, sellers have the advantage because demand for property exceeds supply.
  • If there are 5-8 months of inventory, it is considered a balanced market. Current listings aren’t selling like hotcakes, but they’re not staying on the market too long either.
  • If there are 9 or more months of inventory, it is considered a buyer’s market because houses are selling slowly. In a buyer’s market, buyers have more negotiating power than sellers do because the supply of listings exceeds the current demand for housing.

These timelines are approximate, but it is generally accepted than fewer than 6 months of inventory reflects good conditions for sellers whereas greater than 6 months of inventory represents optimum conditions for buyers.

All neighborhoods are not created equal

Inventory can be calculated in different price ranges. Often homes in the same area experience very different markets depending on their list price. For example, homes in the $200,000 – $400,000 range may show 2 months of inventory, whereas homes in the $500,000 – $700,000 range may show 9 months of inventory. This means that lower priced homes in the selected region are enjoying a seller’s market, perhaps because the area is seeing an influx of young families or investors. Conversely, the higher priced listings in this example are in the midst of a buyer’s market, meaning there are less buyers looking for homes in this price range at the current time.

Let’s take a look at what’s happening in the Hudson Valley Market right now.
All Hudson Gateway MLS Single Family Homes For Sale January 2019 interactive graph

If you would like further information about what's going on in your particular market, we would be happy to provide the information you need.
Get in touch at connect@gpshousehunt.com or call  Vanessa at 914-368-0022 ext 101.


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Global Property Systems
Vanessa Saunders MBA MIMC CIPS - NYS RE Principal Broker
56 Lafayette Avenue Suite 320
White Plains, NY 10603
914-290-5258

image001.png The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.

The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.

©2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.

The data relating to real estate for sale or lease on this web site comes in part from MHMLS. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the MHMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. ©2019 Mid-Hudson Multiple Listing Service, Inc. All rights reserved.
The data relating to real estate on this website comes, in part, through the IDX of the Multiple Listing Service of Ulster County, Inc. Real estate listings held by brokerage firms other than Vanessa Saunders - Global Property Systems are marked with the IDX logo and detailed information about them includes the name of the listing broker.