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.


 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



2011 Nanuet real estate sales statistics and market reports, Rockland County NY

The results are in for 2011 real estate prices in Nanuet. 

  • Find out your Nanuet Real Estate Home ValueThe median Nanuet SOLD price in 2011 was $404,090.
  • This was a 7.9% decrease from the 2010 median ($439,112) 
  • The median ASKING price on Nanuet homes sold in 2011 was $422,958
  • On average, homes that did sell sold for 95.5 percent of asking price.


We also tracked the average sales price in Nanuet over the past ten years.

2002 2003 2004 2005 2006
$348,537 $427,161 $460,548 $535,928 $515,236
2007 2008 2009 2010 2011
$512,738 $479,216 $446,084 $439,112 $404,090

2011 Nanuet Median Sold price by number of bedrooms:

3 bedrooms $340,342
4 bedrooms $441,740
5 bedrooms $525,000

Median sold price by home style:

Colonial  $494,666
High Ranch/Bi-level  $374,647
Capecod  $351,833
Split level  $324,375
Ranch  $250,583

Median price by square footage range:

900-1199 sq ft            282,500
1200-1499 sq ft            322,200
1500-1799 sq ft            358,333
1800-2099 sq ft            371,000
2100-2399 sq ft            363,000
2400-2699 sq ft            481,625
2700-2900 sq ft            553,125
3000-3299 sq ft            525,000
3300 + sq ft            640,000
Trend in Nanuet home contracts signed in 2011The above chart is one of my favorites. It shows, month by month, how many homes went into contract  in Nanuet. In other words, how many buyers are buying each month.   The lackluster ‘Spring Market’ had many sellers worrying that their homes would never sell.  However, mortgage interest rates below 4 percent and increasing rent prices helped fuel the 2nd half positive trend.  After the first quarter of 2012 we will look back to see if the trends continued upwards.  (Let’s keep our fingers crossed!)

Which Nanuet homes are currently for sale?

Nanuet map based home search

Information researched through Greater Hudson Valley Multiple Listing Service.  These calculations are based on Nanuet home sales between January 1, 2011 and December 31 2011. While Nanuet consists of multiple school districts, for the purposes of this report we have only included Nanuet single family homes within the Nanuet, Clarkstown or Pearl River school districts.

While Nanuet is our primary focus, visitors can use our website to search for all Rockland County real estate listings for sale.

Click here to access our MLS wizard for all Rockland County homes and condos.

Nanuet market real estate report: Nanuet homes SOLD in September 2011

Click here to view all active Nanuet homes for sale in Rockland County NY.


Nanuet real estate market report for September, 2011

Its time for our monthly sales report  in the Nanuet real estate market. Read below to see which Nanuet real estate listings CLOSED in September.  

Nanuet Colonials

7 Poplar Nanuet market report

7 Poplar Sold $ 620,000

 7 Poplar Street, Nanuet – sold for $620,000. This beautiful brick front Center Hall Colonial sits on .50 acres of professionally landscaped property with a circular driveway, concrete patio, and sprinkler system.  This home has an open floor plan, new Anderson casement windows, hardwood floors, a two car garage with key pad entry,14 x 28′ detached storage shed, alarm system and central air. 7 Poplar in Nanuet has a fully finished basement with Enviro Air and plumbing for future kitchenette. The master bedroom has a gas fireplace, trey ceilings and crown molding. The master bath has frameless glass enclosure shower with a marble seat, a large double soaking tub & custom Kraftmaid vanity. This Rockland county colonial kitchen has Kraftmaid Cabinets, granite counters and stainless steel appliances.
44 Judith Nanuet real estate

44 Judith, Sold $ 580,000

44 Judith St, Nanuet – sold for 580,000. This was a young Center Hall colonial in much desired Nanuet subdivision, “Briarwoods”. This lovely home boasts a wrap-around front porch, kitchen with granite counter-tops, a family room with fireplace, large living room with hardwood floors on the 1st level.  4 large bedrooms upstairs- the master has a jacuzzi tub & shower. The finished basement has a bar area great for entertaining.  


 Nanuet Cape Cod

7 Englewood Nanuet real estate market report

7 Englewood, Sold $ 475,000

7 Englewood Avenue, Nanuet – sold for $475,000. This beautiful expanded Nanuet home looks like a Colonial inside. 2600 square feet.  Updated kitchen and 3 ceramic tiled bathrooms. 2002 master bedroom/ family room addition.  The siding, furnace and roof were all replaced. A large master bedroom suite with master bath and another bathroom is located upstairs.  (4th bedroom/office downstairs.) This Rockland County home has a flat yard and  back patio leading to hot tub and a storage shed in far back yard.  2-car detached garage with 600 square foot bonus room above the garage.

Nanuet High Ranch/Bilevels

29 Sturbridge Nanuet real estate market report

29 Sturbridge Sold $ 350,000

 29 Sturbridge Ct, Nanuet – sold for $350,000. This Nanuet home has three large bedrooms and three full bathrooms, gleaming hardwood floors, new microwave and cooktop, freshly painted inside and out, new wall to wall carpet (lower level),formal dining room with beautiful molding and chair rail with sliders leading to oversized deck and overlooking level, serene property. Best of all….there is room for mom! This Nanuet home was sold ‘as-is.’
6 Valshire Nanuet real estate market report

6 Valshire Sold $ 307,000

6 Valshire Circle, Nanuet. Sold for $307,000. This is a semi attached, 4 Bedroom, 2 full bath, mother/daughter home located on a Nanuet cul-de-sac. This Rockland County real estate listing had 2103 sq feet of living space!  Features include formal dining room, living room, family room, and den.  Updated windows, hardwood floors, and sliders leading to fenced-in private yard. This was not a short sale!




Come visit our site next month and easily stay up to date with all Nanuet SOLD homes, not just the active listings!

Even more information about recent homes sold in Nanuet. See what they were asking (LP) vs. what they actually sold for!


Nanuet real estate market report for homes sold in September 2011

Nanuet Real Estate Search for Listings

Nanuet real estate activity for the month of May, 2011

Search Nanuet NY Rockland Real Estate Homes For Sale, Nanuet Condos for sale and Nanuet Town houses for saleHappy Summer! The first week of June is a great time to look back on May and gauge our market direction.  I am pleased to announce that 6 buyers have signed real estate contracts in Nanuet last month!  To put this into perspective, only three Nanuet real estate contracts were signed in May 2010.( Nanuet real estate statistics provided by the Greater Hudson Valley Multiple Listing Service.)

The following image contains information on which Nanuet homes actually went into escrow in May. 
At this point it should be another 60 to 90 days before closing.  June should be a strong month as well since
the 60-90 day escrow would allow new homeowners to settle in just in time for September’s new school year. 
While all parties may not disclose the actual sales price until closing we can still  evaluate any possible 
trends in asking prices.  For instance, there are currently several Nanuet Colonials on the market but only
the two priced at $499,000 went under contract.

nanuet real estate under contract may 2011

The days on market stats are also very telling.  The least amount of time it took any home in Nanuet to
secure a contract was 39 days.  This was for a $419,000 raised ranch on Amarillo.  (A dead-end street)

View all the current Nanuet homes for sale Here!
Search Nanuet NY Rockland Real Estate Homes For Sale, Nanuet Condos for sale and Nanuet Town houses for sale

Nanuet Condos First Quarter 2011 Market Statistics

The first quarter of 2011 has come and gone.  It’s a perfect time to look back on real estate activity in the Nanuet condo market and assess where we are.  15 Nanuet condos and town houses sold and closed from January 1st 2011 through March 31st 2011.  This is slightly down from the first quarter 2010 when 19 units sold in Nanuet.  However, we need to account for the 2010 first time home buyer tax credit that enticed some buyers into the market that may not have purchased otherwise.  Here’s a snapshot of all the Nanuet condos and town houses that sold in the first quarter 2011.  We can see what they were asking vs what they actually sold for.  We can also see the real estate property taxes and monthly homeowners association fees for maintenance.  The most important statistic shown below is the “SP$/LP$” column.   This is the sales price to list price ratio.  When I meet with a potential buyer for the first time I always want to educate them about trends and norms with how much of a discount they can realistically expect on a well priced listing. As you can see below even the least expensive Nanuet condo still sold for nearly 90 percent of asking price.  At the top end,  78 Timberline actually sold for 104% of asking price.  Why might someone pay above asking price in a buyer’s market?  As odd as it may sound a well priced home will still receive multiple offers which could potentially drive up value.

nanuet condos sold in the first quarter 2011

As you can see we are not Florida, we are not California and we are not Las Vegas.  We are Rockland County and we remain strong.  It may be a buyer’s market but an unaware buyer that expects to purchase a home in Nanuet for a 25 percent discount will have a frustrating home buying experience.  Of course, this assumes the home is priced correctly for the market and property condition.  Search our website for all Nanuet condos for sale and if you find one you love we will help you determine if it is priced correctly and what type of offers will be accepted while still getting the best deal possible.

**complexes from table above include the Hamlets: (Timeberline, Vista, Eagle Ridge, Knolls East) as well as Normandy Village, New Holland Village and Tudor Hill.

Nanuet NY Real Estate Market Statistics 2/2011

Nanuet Real Estate Facts and Figures: January and February 2011

  • Nanuet Real Estate Market Statistics8 Nanuet houses have sold and closed within the first 2 months of 2011. 
  • $575,000 was the highest Nanuet Sales price for the first 2 months of 2011.  (4 beds, 3.1 baths, 3050 square feet.)
  • The Average (mean) Sales Price in Nanuet for January and February 2011 was $396,500.
  • The Average asking price on these homes that actually did sell  was $419,938.
  • Sellers received on average 94 percent of asking price.


January and February home sales by price and property style

  • Nanuet Colonial:  $ 575,000
  • Nanuet Bilevel/High Ranch:  $462,000
  • Nanuet Cape Cod: $ 405,000
  • Nanuet Colonial:  $380,000
  • Nanuet Cape Cod:  $365,000
  • Nanuet Colonial: $345,000
  • Nanuet Split Level: $335,000
  • Nanuet Cape Cod: $305,000