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Elliman Report: Putnam & Dutchess Sales 4Q 2019

After a robust prior quarter, all price trend indicators and the number of sales declined from the year-ago. Median sales price decreased by 6.7% to $335,000, and the average sales price fell 5.1% to $373,900, respectively, from the same period last year. Up until this quarter, the median sales price had risen year over year for ten straight quarters, and the prior quarter had reached a record high. After dividing the market into quintiles, the top twenty percent of the market was the only segment to see a year over year…

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