Data shows that from 1996-2021, the Hudson Valley region lost a net total of 146,763 people to out migration, which calculates out to 5% of the Hudson Valley’s population.
Elected officials, seeking to appease vocal constituents, frequently uphold restrictive zoning laws that favor single-family residences over more diverse housing options.
In 2023, the Rockland County Office of Consumer Protection investigated 617 complaints and returned $66,000 to homeowners.
WEST BABYLON—For August 2022, OneKey MLS reported on Sept. 20 a regional closed median sale price of $621,500, representing a 0.20% increase over the reported $620,000 in July 2022.
Between July and August 2022, closed regional sales transactions, including residential, condo, and co-op sales, in the region covering Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains. increased to 6,281 from 5,727, representing an 11.3% month-over-month change.
Four of nine counties reported an increased closed median sale price while four of nine counties reported a decrease, and one reported no change. Sullivan (8.40%), Bronx (3.80%), Queens (1.20%), and Rockland (0.70%) counties had month-over-month increases in their closed median sale price. Suffolk (-1.70%), Nassau (-2.80%), Orange (-3.20%), and Westchester (-4.00%) reported month-over-month decreases in closed median sale price. Putnam County reported no change for the second consecutive month.
Jim Speer CEO OneKey MLS said, “In parts of our region, market data is beginning to suggest that real estate market conditions are starting to change. With the challenges of available inventory still at play, however, sellers are holding the cards. It’s too soon to say we are headed toward a balanced market.”
OneKey MLS, the largest MLS in New York, aggregates the real estate transactional data from nine counties making up the regional MLS coverage area, and reports individually on each county represented.
For further detailed statistical information about residential, condo, and co-op sales transactions, please visit https://www.onekeymls.com/market-statistics.
OneKey MLS, made possible by the merger of MLSLI and Hudson Gateway MLS, is one of the nation’s leading Multiple Listing Services, serving more than 45,000 Realtor subscribers and 4,300 participating offices throughout Long Island, Manhattan, and the Hudson Valley.
Data shows that from 1996-2021, the Hudson Valley region lost a net total of 146,763 people to out migration, which calculates out to 5% of the Hudson Valley’s population.
In 2023, the Rockland County Office of Consumer Protection investigated 617 complaints and returned $66,000 to homeowners.
Located at 23 Mulberry St. in the Hollow neighborhood of South Yonkers, the $48 million, four-story building has 60 energy-efficient, affordable apartments for seniors.
“Today marks a significant milestone on the path to ensuring the success of our nation’s most vital infrastructure project,” said New Jersey Gov. Phil Murphy.
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