Is It A Good Time To Buy or Sell in the Hudson Valley as Spring of 25 is Here?

 

🏡 Is It a Good Time to Buy or Sell in the Hudson Valley? (Spring 2025)

The Hudson Valley real estate market remains robust as we enter Spring 2025. Median home prices have surpassed $300,000 across all counties, with Dutchess County's average home value reaching approximately $454,212, marking a 6.1% increase over the past year . ​Zillow

However, the market faces challenges with limited inventory. The region has nearly 9,000 fewer homes on the market compared to pre-pandemic levels, and new residential construction is predominantly focused on rental apartments.  ​Hudson Gateway REALTORS®HVNY+1Times Union+

For Sellers:

• High Demand: Low inventory means less competition, potentially leading to quicker sales and favorable prices.

• Strong Pricing: Home prices have seen significant growth, offering sellers an opportunity to capitalize on their property's increased value.​

For Buyers:

• Competitive Market: Limited listings require buyers to act swiftly and be well-prepared.

• Stable Interest Rates: While mortgage rates remain elevated, they have stabilized, allowing for more predictable budgeting.​

Bottom Line: It's a favorable market for sellers due to high demand and strong pricing. Buyers can still find opportunities but should be prepared for a competitive landscape.

🏡 Lisa Savino Associate Real Estate Broker

Cell 914 456 3808

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