The OneKey MLS Market Stats for May 2020 are out!
This report accounts all the counties participating in MLS Stratus and Matrix which include: Suffolk, Nassau, Queens, Westchester, Putnam, Rockland, Orange, Sullivan, Bronx.
Despite a significant decrease in the % of Sales Activity Change (-39% average), the Closed Median Home Prices are up, compared to May 2019, ranging from an increase of 5.7% up to 17.5%.
Rockland County Market Update- May 2020
The above chart combines stats for residential sales that include 1-4 family, condo and co-op transactions.
Below is a break out of the May 2020 Rockland County Real Estate Market by property type (single- family, condo and co-op).
Single- Family Homes
Median sales price for Rockland County single-family homes in May 2020 has increased by 6.9% compared to May 2019.
Median sales price for Rockland County condos in May 2020 has increased by 5.5% compared to May 2019.
Median sales price for Rockland County Co-Ops in May 2020 has decreased by -2.7% compared to May 2019.
If you are contemplating selling your home or thinking about making a purchase, contact me!