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Market Conditions in Warwick : Real Estate Advice

  • All23
  • Local Info1
  • Home Buying12
  • Home Selling0
  • Market Conditions4

Activity 4
Thu Nov 7, 2013
Jlplanman asked:
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Fri Apr 13, 2012
Yara Roussos answered:
Presently there are 203 available listings in the Warwick school district from $150,000 to $1,999,000. There are 36 homes under contract from $125,000 to $985,000 and in the past year there have been and 145 homes sold from $65,000 to $1,100,000. Please contact me for further info, I have been a Realtor since 1986 and will be happy to help you with your Real Estate needs. Call me at 845-754-7653. If your home is priced correctily, IT WILL SELL... ... more
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Sat Jan 29, 2011
William Kelly answered:
Great question. I am a lifelong resident of Warwick as well as a Warwick realtor. The homes prices are flat now and I feel it is due to the high (but slowly declining) inventory. There's so much for buyers to choose from and they want to see it all. Buyers are looking at so many houses these days and it take a months to do so. During their several month home search, something would happen with the economy, interest rates or some media statistic (which represents national figures, not local figures!!) would be announced that scared them from going forward. Now we see a slight rise in interest rates and slight decline in inventory. This results in a flurry of activity from buyers. They feel the best deals may be slipping away and recently we as realtors have seen a boost in showings, phone calls and interest from buyers. Woohoo - this is very good news!! We need these buyers to help the inventory sell and the amount of inventory to decline further all leading us to a more stabilized market that is good for both buyers and sellers.

Hope that helps. If there is anything else I can help with, even just answering questions, please do not hesitate to contact me 845.988.7778 or William
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Sat Nov 20, 2010
Kate Washington answered:
Taxes are pricey in Warwick, but somehow we have to pay for the quality of living, our schools and all the other things that attract people to the area and keep them there. In this market many buyers are able to "grieve" their taxes because the price of the homes on the market now are often much lower than when the owners bought them. Warwick will not lose it's middle class. Your post was little over a year ago and not much, except prices have continued to drop a little, has changed. ... more
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