Marbletown NY Market Report | Ulster County SOLD Update

Posted by Dylan Taft on Wednesday, May 18th, 2016 at 3:02pm.


Log House Back Spring 2015.jpgUlster County Sold Market Update

Taft Street Realty is happy to announce the latest home to be sold by one of our clients, 897 Lapla Road in Marbletown, NY!

This 1,960 sq ft, 3 BDR/ 2 BTH, log home closed on May 4th, 2016 for $385,000.



Custom Detailed Log Cabin in Marbletown, near Kingston

This spacious log cabin, filled with lots of custom details, sits on just over 6 acres of_O7A9791.jpg private, wooded land, yet is only less than 20 minutes from area hotspots of Stone Ridge, Woodstock and historic Uptown Kingston. The beautiful features of this home, including open floor plan, loft space, cathedral ceilings, large stone fireplace and many more custom details, excited buyers immediately and the detached studio/workshop space sealed the deal. The home was only on the market less than two weeks before buyers quickly snatched it up!

Kingston & Marbletown Real Estate, Ulster County NY

While 897 Lapla Road may have a Kingston mailing address, it is actually located in the town of Marbletown, and is a great location for those seeking privacy, land and country views, but who still want to be close to a larger city, in this case, the super hot market of Kingston! Real Estate in Kingston, NY runs the gamut in terms of styles, price points and features, depending on what part of the city you’re looking at. It’s not hard to find some great fixer upper properties in Mid-town under $100,000 and yet if you travel into the country a bit, or down by the Rondout Creek and Hudson River, you could easily find luxury mansion type properties with price tags that soar to the $1M mark and higher. In Kingston, there’s a bit of something for everyone. Conveniently located less than 2 hours from New York City, and with plenty of public transportation links, and near many Ulster County and Catskill hotspots, there is plenty to see and do in Kingston. We’ve highlighted lots of great things about Kingston on our blog, including where to dine, market highlights, events and more. Even though 897 Lapla Road is off the market, there are plenty more great Kingston properties on the market right now.  And if you’re looking for a bit more of a country feel, still close to Kingston, check out the market in Hurley, NY (located between Kingston and Marbletown) as well as Marbletown and the current market there. Both of these towns are only a short drive away from all of Kingston’s shopping, dining and entertainment hotspots, but have the privacy and county setting that is hard to find in Kingston.

2016 SOLD Home Stats For Marbletown, NY

While 897 Lapla Road has a Kingston mailing address, this property actually falls within the Marbletown town lines. All market data below reflects Marbletown stats.

From January 1st, 2016- May 18th, 2016

·       26 single family homes have sold so far in 2016, ranging from $22,500 up to $500,000

·       List to Sold Price Ratio - Approximately 94% - Sellers on average got 94% of their last asking price in 2016 so far

·       Average List Price - $252,467 / Average Sold Price - $236,926

·       Median List Price - $216,750 / Median Sold Price $208,425

·       Average Days On Market - 111

·       On average, 5-6 homes per month have been sold in Marbletown so far in 2016.

·       There are currently 51 Single family homes on the market in Marbletown right now.

With about 6 homes selling per month in Marbletown, there are approximately 9 months of inventory on the market right now. This indicates that the housing market in Marbletown, NY is currently a Buyer’s Market. 

2015 SOLD Home Stats For Marbletown, NY

·       A total of 69 single family homes sold in Marbletown in 2015 ranging from $46,000 up to $1,400,000.

·       List to Sold Price Ratio - Approximately 94% - Sellers on average got 94% of their last asking price in 2015

·       Average List Price - $342,184 / Average Sold Price - $322,422

·       Median List Price - $299,000 / Median Sold Price - $272,500

·       Average Days On Market In 2015 - 142

·       On average, 6 homes per month were sold in Marbletown in 2015.

·       There are currently 51 Single family homes on the market in Marbletown right now.

Based on the data, the average sold price of a home in Marbletown was higher in 2015 than it is so far in 2016. The pace of the market in Marbletown is holding steady at 6 homes sold per month, but so far, homes in 2016 are selling faster with a much lower average of days on the market. 

If you're interested in seeing more Ulster County SOLD updates, be sure to follow the Taft Street Realty blog to stay up to date on the current market and get more great local realty info! 




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