Home sales up in Ulster County
KINGSTON – It may be a sign of better days for the Ulster County economy. Home sales rose during the first five months of the year. Economists have said that until home sales regain their strength, the economy will not see a robust recovery.
From January to May, home sales rose by 17 percent over the same period last year, according to the Ulster County Board of Realtors. The number of homes sold in the first five months of 2011 totaled 316 as compared to 369 during the same period this year.
The average selling price fell, though, from $256,794 in 2011 to $213,758 during the same five months in 2012.
In May, Ulster home sales rose from 65 last year to 97 this year, an increase of 49 percent.
The average selling price also rose, going from $214,957 in May 2011 to $240,705 during the same month this year.
(Copyright © 2012 Mid-Hudson News Network, a division of Statewide News Network, Inc.)
Tuesday, June 5, 2012
And Now For A Little Good News........
Home sales up in Ulster County
KINGSTON – It may be a sign of better days for the Ulster County economy. Home sales rose during the first five months of the year. Economists have said that until home sales regain their strength, the economy will not see a robust recovery.
From January to May, home sales rose by 17 percent over the same period last year, according to the Ulster County Board of Realtors. The number of homes sold in the first five months of 2011 totaled 316 as compared to 369 during the same period this year.
The average selling price fell, though, from $256,794 in 2011 to $213,758 during the same five months in 2012.
In May, Ulster home sales rose from 65 last year to 97 this year, an increase of 49 percent.
The average selling price also rose, going from $214,957 in May 2011 to $240,705 during the same month this year.
(Copyright © 2012 Mid-Hudson News Network, a division of Statewide News Network, Inc.)
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