October Market Update
📊October Market Update for Columbia County, NY
📈The median sale price year to date is $530,000, up +9.3% compared to LY
The number of new listings is up +6% but the numbers of homes sold is down -4.7% year to date.
🏘️The median list price today is $599,000 and there are currently 331 homes on the market. There is 8 months of inventory on the market, which favors buyers
📉Mortgage rates have moved to the lowest level of the year, hovering just above 6%. Don’t wait for a big rate drop, the market has already priced in the next fed funds rate cut.
Increase in available homes + slower sales + the lowest mortgage rates of the year = a win for buyers
So buyers, what are you waiting for?
*Data from HVCRMLS on 10/24/25
#colombiacountyrealestate #jensesmarealestate #beachandbartolorealtors #marketupdate
