Snapshot
Annual Sales Report
Dobbs Ferry, NY

(ALL Single Family Home Sales Within The Dobbs Ferry School District)

Calendar Year	# of Units Sold	Average Sale Price	Median Sale Price	Lowest Sale Price	Highest Sale Price	Average Time On Market
2001	60	$621,665	$485,719	$210,000	$2,850,000	153 days
2002	84	$704,699	$651,041	$330,000	$2,239,267	254 days
2003	61	$812,953	$629,000	$192,500	$2,975,000	163 days
2004	66	$792,742	$654,500	$275,000	$2,590,000	143 days
2005	73	$838,090	$735,000	$350,000	$3,250,000	136 days
2006	54	$909,778	$741,000	$335,000	$4,100,000	164 days
2007	65	$800,393	$670,000	$400,000	$2,250,000	148 days
2008	35	$858,491	$630,000	$352,000	$4,350,000	189 days
2009	40	$839,030	$635,500	$306,000	$2,700,000	213

NOTES:

1. Average time on the market was more than 7 months (213 days)
2. 40 transactions is an absorption rate of 3.33 homes per month.
3. The average sale price was down 2.3% from the previous year while the median sale price was UP slightly.
4. The sale price/list price ratio was 94.50% which means that homes are selling within 5.5% of their asking prices. In many instances, however, the list price at the time of the sale was not the original (higher) list price.

Special Note: When considering averages, it is important to keep in mind that, statistically speaking, a person standing with one foot in a roaring fire and the other foot in a bucket of ice water, is ("on the average") said to be quite comfortable.

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© Copyright 2007 Bill Boeckelman Publications