Buyers beware: Hudson Valley housing demand remains high amid low supply

The pandemic sparked many to leave the city and buy homes in the Hudson Valley last year, pushing the market to a high note that's still playing out.

News 12 Staff

Mar 4, 2021, 11:05 PM

Updated 1,198 days ago

Share:

The housing market is still hot in the Hudson Valley, but buyers beware - because it's a seller's market for sure.
One of the Hudson Valley's newest neighbors is international performing jazz artist Chad Lefkowitz-Brown, known as Chad LB. He moved from New York City to Pound Ridge last month.
The pandemic sparked many to leave the city and buy homes in the Hudson Valley last year, pushing the market to a high note that's still playing out.
Homes for sale are down 44% this January compared to last. Days on market down are down 34%. Closing sales are up 35%, and median sales prices are up by 14%.
It all points to a seller's market as demand remands high - and supply low.
Sellers are advised to have the home move-in ready and get an agent to maximize the sale.
Buyers are encouraged to have a pre-approval and proof of funds when booking showings and a good down payment. 


More from News 12