By DONNA COX
of Howard Hanna Rand Realty
Despite concerns over rising interest rates, inflation, and stock market volatility, home prices in our market continue to increase. The lack of inventory remains the driving force behind these price increases. If you’re contemplating selling, now may be the opportune time. Simply put, there are just not enough homes on the market to meet buyer demand. With the small pool of homes for buyers to choose from, the competition among buyers is intense, and many buyers are willing to pay a premium for the home they want. This dynamic can work in your favor, allowing you to negotiate favorable terms and achieve a higher sale price. With that, here are the homes that sold in the Rockland County Rivertowns in April and May.
| Style | Location | Address | Beds | Baths | List Price ($) | Sale Price ($) | DOM |
| Colonial | U. Nyack | 344 N Broadway | 4 | 2.1 | 1,050,000 | 1,206,000 | 12 |
| Colonial | U. Nyack | 205 Birchwood Ave | 2 | 1.1 | 499,000 | 535,000 | 5 |
| Colonial | Nyack | 15 Tallman Ave | 5 | 2.1 | 1,195,000 | 1,360,000 | 14 |
| Colonial | Nyack | 225 N. Highland Ave | 3 | 2.1 | 525,000 | 525,000 | 8 |
| Condo | Nyack | 261 Main St #C | 2 | 1.1 | 459,900 | 459,900 | 81 |
| Co-op | Nyack | 103 Gedney St #5B | 1 | 1 | 335,000 | 325,000 | 184 |
| Condo | Nyack | 292 High Ave #2C | 2 | 1 | 200,000 | 202,000 | 16 |
| Colonial | S. Nyack | 319 S. Broadway | 3 | 1.1 | 525,000 | 500,000 | 249 |
| Ranch | S. Nyack | 446 S. Broadway | 4 | 2 | 519,000 | 519,000 | 29 |
| Co-op | S. Nyack | 4 Salisbury Pt #1A | 2 | 2 | 439,000 | 459,000 | 25 |
| Colonial | S. Nyack | 89 Washington St | 3 | 1 | 350,000 | 350,000 | 119 |
| Co-op | S. Nyack | 3 Salisbury Pt #4C | 1 | 1 | 289,000 | 265,000 | 94 |
| Two Story | U. Grandview | 245 South Blvd | 4 | 3 | 749,900 | 724,900 | 117 |
| Ranch | U. Grandview | 49 Tweed Blvd | 2 | 3 | 1,199,000 | 1,355,501 | 7 |
| Ranch | U. Grandview | 4 Townsend Ave | 3 | 2.1 | 599,000 | 625,000 | 2 |
| Colonial | Grandview | 245 River Rd | 5 | 3.1 | 2,150,000 | 2,048,800 | 59 |
| Contemporary | Grandview | 181 River Road | 4 | 3 | 1,500,000 | 1,450,000 | 48 |
| Colonial | Grandview | 23 River Road | 4 | 2.1 | 895,000 | 865,000 | 108 |
| Townhouse | Piermont | 510 Gair St | 2 | 2.1 | 1,100,000 | 984,999 | 119 |
| Cape Cod | Piermont | 733 Piermont Ave | 2 | 1 | 995,000 | 995,000 | 2 |
| Townhouse | Piermont | 202 Gair Street | 3 | 3.1 | 699,000 | 717,500 | 3 |
| Condo | Piermont | 22 Gair St | 1 | 1 | 349,000 | 330,400 | 31 |
| Condo | Piermont | 8 E Lawrence Park #14 | 1 | 1 | 255,000 | 245,000 | 119 |
| Rivertowns | Rockland County | |||||||
| YTD 5/22 | YTD 5/23 | % Change | YTD 5/2022 | YTD 5/2023 | % Change | |||
| Single-Family Homes | Single-Family Homes | |||||||
| New Listings | 95 | 66 | -31% | New Listings | 1181 | 846 | -28% | |
| Sales | 82 | 42 | -49% | Sales | 800 | 554 | -31% | |
| Avg Sales $ | 842,707 | 838,912 | 0% | Avg Sales $ | 661,482 | 700,928 | 6% | |
| Med Sales $ | 747,500 | 676,000 | -10% | Med Sales $ | 610,000 | 640,000 | 5% | |
| DOM | 68 | 72 | 6% | DOM | 51 | 52 | 2% | |
| Condos/Co-ops | Condos/Co-ops | |||||||
| New Listings | 25 | 29 | 16% | New Listings | 337 | 285 | -15% | |
| Sales | 18 | 17 | -6% | Sales | 269 | 185 | -31% | |
| Avg Sales $ | 449,169 | 382,218 | -15% | Avg Sales $ | 333,313 | 349,469 | 5% | |
| Med Sales $ | 418,500 | 325,000 | -22% | Med Sales $ | 279,900 | 305,000 | 9% | |
| DOM | 44 | 49 | 11% | DOM | 42 | 43 | 2% | |
If you are thinking of selling, buying, or just want to chat about the real estate market in general, give me a call at 845-641-8613; I’d be delighted to speak with you.
Donna Cox
ASSOCIATE BROKER
RIVERTOWN MARKETING
SPECIALIST
cell: 845-641-8613 DonnaCox.com donna.cox@randrealty.com
