Snapshot
Annual Sales Report
Hastings-On-Hudson, NY

(ALL Single Family Home Sales Within The Hastings School District)

Calendar Year	# of Units Sold	Average Sale Price	Median Sale Price	Lowest Sale Price	Highest Sale Price	Average Time On Market
2001	56	$531,968	$467,500	$225,000	$1,250,000	155 days
2002	36	$623,986	$545,250	330,000	$1,475,000	123 days
2003	46	$663,789	$637,500	300,000	$1,230,000	140 days
2004	56	$720,029	$700,000	340,000	$1,340,000	140 days
2005	69	$833,732	$749,500	$485,000	$3,900,000	126 days
2006	50	$815,985	$755,000	$410,000	$1,750,000	141 days
2007	63	$849,267	$800,000	$457,500	$2,200,000	148 days
2008	45	$791,354	$725,000	$320,000	$1,725,000	162 days
2009	30	$666,685	$612,250	$390,000	$1,300,000	185

NOTES:

1. Average time on the market was just over 6 months (185 days)
2. 30 transactions for the entire year is an absorption rate of 2.5 homes per month.
3. The average sale price was down 15.75% from the previous year while the median sale price was down 15.6%.
4. The sale price/list price percentage was 94.94% which means that, on the avergage, homes are selling within 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