I believe you are looking for an absorption rate of Chestnut RIdge.
the answers are all correct, however, 150,000 range between 450-600 is really huge, you will find different stats between each 50,000 price range. Perhaps you're trying to determine price? There are many opinions but one set of stats.
I can send you direct stats from our MLS, non branded, for you convenience to look at, if you'd like them, please contact me.
Allan Erps, ABR
Licensed Real Estate Salesperson
VM(24 Hours) 845-770-2141
Cell Phone/Text 845-304-3040
For the latest in Buyers and Sellers Resources,
visit my website at; http://www.allanerps.randrealty.com
There are 26 active listings in Chestnut Ridge in your price range. They range from 3 bedrooms/3 baths to 6 bedrooms/4 bathrooms. These houses have been on the market for 7 to 256 days with an averge of 97.6 days. In the last 6 months, 7 houses in that price range have sold. They sold for $425K-$575K. On Average, these houses sold for 2%-12% below the asking price with the average being 5.7% below the listed price. The houses that sold were on the market for 2-277 days with an average of 136 days. These houses sold for $180-$239 per square foot with an average of $206.8. There are also 4 houses in Chestnut Ridge under contract. I hope these statistics help. Generally, if hte house is priced appropriately, it sells more quickly. In fact, 2 of the houses that were sold were only on the market fir 2 and 6 days.
If you are not working with a realtor, I would love to help you find you home in Chestnut Ridge.
Lic RE Broker
I found 26 properties for sale in Chestnut Ridge between 450,000 to 600,000. The average DOM is 98 days. There are 9 sold properties within the past 8 months. Appraisers only go back 3 to 6 months usually. I would appreciate your business. If you would like to call me my phone number is as follows and my e-mail address. Good Luck to you !!!
Debbie Herman GRI,SRES