Nanuet Homes and Condos

Better Homes & Garden Rand Realty. Michael Truiano 845-480-2366, Nanuet NY 10954

2018 Nanuet Real Estate Half Time Report

2018 NANUET REAL ESTATE HALF TIME REPORT

It’s time for my Nanuet Half Time Report. On the following page you can review calculations based on Nanuet homes sold between January 1, 2018 and June 30, 2018. Obviously, this is not a substitute for a full home evaluation, which I can also provide if you ever need. But this is a great snapshot of what is going on in the Nanuet market right now. I have also highlighted some of my current Nanuet listings if you know anyone looking to buy.

 

The early part of the year was a full blown seller’s market. Homes were selling within days of hitting the market, multiple offers received and even selling over asking price! Limited inventory and high demand dictated the market in the first half. Larger homes, however, have not seen the same appreciation. You can see that three bedroom homes have shot up in value this year while the average five bedroom home remains flat.

 

Are you thinking of selling your home? Now may be the ideal time. Buyers often pay a premium this time of year to ensure they are in a new home for the September school year. As always, you can call me at 845-480-2366 with any real estate questions.

 

2018 NANUET REAL ESTATE HALF TIME REPORT

  • The average Nanuet SOLD price in the 1st half was $473,000.
  • This was an 11% increase from 1st half 2017. ($425,000)
  • On average, Nanuet homes sold for 99% of asking price.
  • On average, Nanuet homes sold for $224 per square f
  • The highest Nanuet sale YTD: 21 Blue Heron Rd, $730,000.

Average sold price by home style:

Colonial $593,000
High Ranch/Bi-level $457,000
Capecod $396,375
Split level $424,000
Ranch $387,500

Average Nanuet Sold price by # of bedrooms:

3 bedrooms $387,000
4 bedrooms $495,234
5 bedrooms $562,400

 

 

Michael Truiano
BHG Rand Realty
Michael.truiano@randrealty.com
(cell) 845-480-2366

 

Thinking of Selling? Contact Mike Truiano, Nanuet’s #1 Listing Agent in 2017

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