Nanuet Homes and Condos

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

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Nanuet real estate half time report July 2012

The first half of the year has come and gone, which means it’s time for my Nanuet Half Time Report. Below, I have calculated different pricing statistics from transactions reported through the Greater Hudson Valley Multiple Listing. For the purposes of this report “average” refers to the total volume in sales price divided by the number of units sold.  First, let’s start with an overview of what happened in the Nanuet real estate market over the first half of the year. 

  • The average Nanuet SOLD price in the 1st half 2012 was $394,085
  • This was a 1.6% increase from 1st half 2011($387,556) 
  • The average ASKING price on Nanuet homes sold was $421,270
  • On average, homes that did sell, sold for 93.5% of ask price.

The 1.6% increase in Nanuet values may sound insignificant but this is truly a step in the right direction after 5 years of decline. The tables on the next page are statistical averages for homes sold from January 1 through June 30,2012. Obviously, this is not a substitute for a full evaluation of your property’s value, which I’m happy to provide if you ever need it. Feel free to call me at anytime if there is anything else I can provide for you.

FIRST HALF 2012 NANUET REAL ESTATE MARKET STATISTICS

 Average SOLD price by home style:                   

Colonial  $483,133
High Ranch/Bi-level  $405,850
Capecod  $375,000
Split level  $355,666
Ranch  $300,200

 

 Average SOLD price by # of bedrooms: 

3 bedrooms $347,550
4 bedrooms $441,907
5 bedrooms $445,000

 

 

 

Average price by square footage range:

 

900-1199 sq ft            $283,600
1200-1499 sq ft            $353,333
1500-1799 sq ft            $356,666
1800-2099 sq ft            $408,928
2100-2399 sq ft            $395,500
2400-2699 sq ft            $413,333
2700-2999 sq ft            $549,700
3000-3299 sq ft            no data 
3300 + sq ft            no data

 

 

 

 

 

 

 

In today’s economy more buyers are starting to realize the importance of living within their means. This may be part of the reason why we did not see any closings in the first half for homes larger than 3,000 square feet. And while 6 months is a relatively small sample size, we can see that buyers did not value a fifthth bedroom much more than a 4 bedroom home. Why pay signifigantly more for a fifth bedroom when bunkbeds are a much more affordable option?  As a preemptive response to readers who may want to disagree, I want to reiterate that these numbers are not my opinions of value. Rather, they are the statistical averages of what transpired in the market so far this year.

The image below shows, month by month, how many homes went into contract over the past 18 months. At the beginning of the year I reported that 2011 had trended upward, especially in the second half. At the end of 2011, I was very curious to see if this would continue. Not only has the positive trend continued, but each month in 2012 has outperformed itself from 2011.

Obviously, this report is not a substitute for a full evaluation of a property’s value, which I’m always happy to provide. But hopefully this Half Time Report will give us a ballpark value and help fellow residents keep their fingers on the pulse of what’s happening in our local market.

Month by Month, how many buyers sign real estate contracts on Nanuet Homes, Rockland County NY

 

Nanuet named in top 100 places to live

Click here for Top 100 places to live in America 2011I am excited about a recent study conducted by CNN. The news giant ranked America’s small towns based on schools, safety, economic strength, overall climate and neighborhood amenities.  We should all be proud of our little ol’ town, Nanuet.  Clarkstown ranked 7 in the entire country. Click the CNN icon for a full recap of the top 100 towns.

Cutting edge map based Nanuet real estate home search
Nanuet Real Estate Search for Listings

Photos from Nanuet Fireworks night, 2011

Recent home sold in Lake Nanuet: 88 Lake Nanuet Drive

88 Lake Nanuet Drive sold in January 2012 for $435,000.

 

30 Jockey Hollow Drive

Rarely does a home come on the market in the Lake Nanuet development.  88 Lake Nanuet Drive is a 4 bedrooms, 2 and 1/2 baths on .25 acre.  Scroll through our photo gallery to see pictures of this listing that you will not find anywhere else.

Have you been waiting for a home in Lake Nanuet? Do you love to entertain?  Run right to this home! Over $100,000 in updates.  Remodeled top to bottom. Bright cheery open floor plan. Lots of natural light including sky light in the kitchen.  Updated kitchen also includes Granite counters, stainless steel fridge and under mount sink, meticulously crafted tile backsplash.  Have breakfast at the peninsula and dinner in the dining room with sliding doors leading out to the deck.  Deck leads down to patio with new pavers and bbq grill connected to the home gas line.  No more empty gas tanks!  Fenced, flat back yard.  Lower level also includes country-style family room with fireplace engulfed in brick and Pine walls.  PLUS bonus entertaining room with down stairs kitchenette and extra living room.  And did we mention all in the Lake Nanuet development?  Don’t forget your sunscreen as you walk to award-winning Lake Nanuet community pool and walk to the home of the award-winning Nanuet Little League fields. 

Click here for info on 88 Lake Nanuet Drive in Rockland County real estate market area

At nanuethomesandcondos.com we provide an abundance of pictures for all our Nanuet Real Estate Listings and all Our Rockland County Real Estate homes for sale.

 

Click map for Nanuet Real Estate. Nanuet Homes for sale in Rockland County.
Nanuet Real Estate Search for Listings

 

ROCKLAND COUNTY REAL ESTATE:  Searching homes for sale in Nanuet, Read about Lake Nanuet, Clarkstown’s most sought after neighborhood.

 

Cul-de-sac’s & Cracker Jacks

Tucked away in Money’ Magazines #24 ranked American Town, Lake Nanuet boasts a quiet, care free neighborhood.  Enter at the intersection of Blauvelt Rd and Lake Nanuet Drive and immediately admire Lake Nanuet Pool complex, the home of Nanuet Little League and community pool.  Continue on Lake Nanuet Drive to see Pride of Ownership at its finest.  Eight different cul-de-sacs reside in the development eliminating any traffic.  Let your children play in the front or backyard without fear of looking out for many cars.

The Development leads out to Rose Road, making Rt 59’s commerce district and Palisades PKWay South into Manhattan only moments away.

Bi-level/ Hi-Ranches and colonials make up the neighborhood.  From the front door, a split stair case leads up or down.  Upstairs into a beautiful kitchen with stainless and granite.  An open area into the dining room.  (Note this house has been renovated, older houses in the neighborhood have a wall separating the Kitchen and dining room.  3 bedrooms and bathroom on the top floor (some with a master bath) Down stairs, Lake Nanuet homes have some combination of the following rooms.  Family room, 4th bedroom, office, laundry room, bath, and garage.  This home had the garage constructed into additional living space.

Nanuet Starter Home For Sale: 11 Jerrys Avenue, Nanuet NY 10954

Call Mike at 845-480-2366 for info on 11 Jerrys Ave

Jerrys Ave is a quiet low traffic side street at the bottom of the hill of Prospect St.  This home has been owned by the same family for many decades.  It is an ideal home for first time home buyers in Nanuet.  Affordable three bedroom home in sought after Nanuet community, Nanuet schools. Low Property taxes. Hardwood floors throughout. Private flat back yard. Location, location, location! Walk to train station or main street, yet located on a quiet low traffic street. Also moments away from NYS thruway. Recently replaced roof, windows and siding. Attached garage and full basement. Come see and make it your own.

jerrys ave nanuet real estate for sale 11 Jerrys Avenue, Nanuet NY 10954 Rockland County. Nanuet Real Estate

11 Jerrys Avenue, Nanuet Real Estate Exterior side picture11 Jerrys Ave, Nanuet Ny Rockland County Real Estate for sale
11 jerrys ave nanuet rand realty
3 bedrooms, 1 bathroom. 960 square feet. Located on .21 of an acre.  Low property taxes of $6,332.
This home has an attached garage and a full DRY basement. 

Why is this a great home for first time home buyers?

Why rent for $2,000 per month when you can own for a similiar mortgage payment?  Experience homeownership and barbecue in YOUR backyard. No worrys about pet restrictions from your landlord.   

Watch our video tour for 11 Jerrys Avenue, Nanuet Real Estate Listing

New Holland Village: Nanuet Condos For sale

Click here to see all active New Holland Village condos for sale.

Looking for Rockland County’s closest condo complex to the New York State Thruway?
Visit Nanuet condo complex: New Holland Village.

New Holland Village Nanuet Condos in Rockland County NY

New Holland Village condos offer affordable garden style condos at an ideal location.  Directly across from the complex is an entrance ramp to the New York State thruway.  New Holland Village has 164 total units.  The complex was built in 1973 and contains both one and two bedroom condos for sale.  Most units are 1134 square feet with their own washer and dryers in the unit.  Each building has shared access to a basement.  These garden style apartments have two downstairs units and two upstairs units per building.  The most expensive home ever to sell in New Holland Village sold for $292,500, March 2006.

Search Nanuet NY Rockland Real Estate Homes For Sale, Nanuet Condos for sale and Nanuet Town houses for sale

New Holland Village offers one level living, one of its biggest selling points.   Rockland County real estate with no steps!  This often appeals to people with mobility issues.  Its helpful not carrying your laundry up a flight of steps from the basement to the bedroom.  The affordability also appeals to many Rockland County first time home buyers.  This is a perfect condo for a SONYMA eligible home buyer.

New Holland Village  amenities include a community pool for its residents and their guests.  Common charges typically range from $260 per month for a one bedroom and $370 per month for a 2 bedroom condo.  Real estate property taxes range from $2000-$3500 per year in New Holland Village.   The complex is currently managed by Harwich Management.

new holland village nanuet condo complex New Holland Village nanuet condo in Rockland County NY

Nanuet Real Estate Spring Time Pictures

Spring time  accentuates a home’s curb appeal.  This is why real estate activity also blossoms this time of year .  As a real estate agent, my office is more than just a desk and a phone.  My office is the  tree-lined streets of Nanuet.  This time of year I always remember to carry my camera with me.  While I  am out visiting homeowners or showing properties to buyers I always stop to appreciate the bursting colors.   Here are a few pictures I snapped this week while walking on Meridan Lane, Oakland Place and Amarillo Drive in Nanuet.  Just another great reason to live in Nanuet!  These three streets are moments away from the Palisades Parkway. 

nanuet homes for sale in the spring market 6

nanuet homes for sale in the spring market 7

photos of nanuet homes in the spring market 9

nanuet homes and real estate in the spring time

nanuet homes for sale in the spring market 3

Nanuet Homes for sale in the spring market

nanuet real estate in the spring market

More Nanuet Snow Fall??

 

rockland county pet friendly real estate in nanuet ny

We woke up to more snow in Nanuet this morning! Its March 24th for crying out loud.  Mr G. from the channel 11 news just exclaimed this winter has unfolded as the second snowiest winter on record.  My puppy Dazzo daydreams about warmer days to come.  I took this picture  outside our home on Grandview Avenue in Nanuet.  The insert is from Children’s Park in Chestnut Ridge (Dexter Park.)  Children’s park is a few blocks away from Nanuet and has a wide open field for Dazzo.  Every day has her day!  It is a pet friendly park but leashes are a must.  If you are an early riser you can meet other dogs and their owners saturday mornings at 7am for some free time puppy play.  It’s a great way for pet owners to acquaint their dogs with other Rockland County pets.

If you ever see me out for a stroll in Nanuet with Dazzo feel free to say hello and ask me “How’s the market?”  (While Nanuet real estate is our specialty we are in tune with all of Rockland County real estate.)  You can also find us in Nanuet on May 21st at for the Nanuet Rockland County Petwalk.  If you would like to register for Nanuet’s petwalk it is $20 per pet and all proceeds go towards rebuilding the highview playground.  There will also be t-shirts available for petwalkers.  If you are a local Rockland County Business and would like to advertise on the t-shirts feel free to contact me for details. Once again all proceeds go to rebuilding the playground.  Come support our community!

Nanuet NY Rockland County Real Estate Pet Friendly Condos

Nanuet NY Real Estate Did You Know – The Hamlets is a pet friendly condo complex!

Rockland County Affordable Real Estate Agent

Reliable Rockland Real Estate agent in NanuetIts springtime! Although you might not realize in Nanuet with this last ditch snow storm blanketing Rockland County.  In any event, the snow will melt, the sun will shine and business will blossom!  That means its time for Rockland County home sellers to begin the process of interviewing professional real estate agents to assist with their move. 

If you need to sell your Nanuet home we want to help you net the most amount of money possible.  Our Spring Savings Event is underway.  We are offering some of Rockland County’s most competivtive brokerage fees to help facilitate your move and save you some money.   Contact us at 845-480-2366 for details. 

**Although we are offering very affordable brokerage fees we do not discount our serivce.  Rockland County home sellers can expect the same level of service they have been accustomed to. **

Services we provide to our Rockland County Home Sellers

  • Affordable Rockland County Real Estate agent in NanuetDetermine seller’s time table- How long will it take to sell my Nanuet home?
  • Determine Price Strategy-  What is the ideal asking price for current Rockland market conditions?
  • Property preparation- Advise on repairs, improvements and staging strategies.
  • Marketing strategy-  How to generate the most amount of exposure for Nanuet homes for sale.
  • Negotiate to Sell- Evaluate offers, negotiate counter offers, advise on final terms and conditions.
  • Closing and Administrative aspects- Coordinate and supervise any post contract issues.
  • Post Close- Coordinate move, advise on discontinuing home utility services and change of address with current vendors.

Nanuet Real Estate Short Sales and Foreclosures

Nanuet NY Rockland County Real Estate Home For SaleA short sale exists when a seller attempts to sell a home for less than the their current mortgage value.  For instance if someone purchased a Nanuet Colonial in 2005 they probably paid near $650,000.  With an 80 percent loan to value they would have financed $520,000.  In 2011 that same Nanuet Colonial could effectively sell on the open market for  $500,000.  Putting aside closing costs and expenses the sellers would be short $20,000.  ($520,000 loan minus $500,000 current value.)  In the real estate world these sellers are also considered upside down or under water.

How does a short sale affect a buyer?

Ultimately, any offer on a short sale needs to be approved by the seller’s bank.  This approval rarely materializes quickly.  A normal real estate transaction can be negotiated within a 24 hour period but a short sale offer often wont even receive a response for weeks.   The actual approval and closing could be delayed as much as 6 months.  Based on this information a short sale would not be recommended for a buyer that has an absolute deadline in which to move.  (I.E. job relocations, rental lease expiration or a having already sold an existing home.)  Since these factors diminish the buyer pool available for this type of transaction it naturally brings down the hone value compared to comparable homes that could sell quickly (lowering the demand lowers the price.)  With that being said if a potential buyer for a Nanuet or Rockland County home for sale does not have any pressing deadline in which to move they could capitalize on the lower prices.