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Median prices rise in Washington

Median prices rise in Washington

Front Victorian house apartment building with a restaurant in back, 16-18 Alden Place was formerly the site of the Millbrook Carriage House and Maura’s Kitchen in the heart of the village. The sale was recorded in November after the village approved a new restaurant, the Millerton Continental, with certain restrictions on operating hours and use of the outdoor patio for $937,300.

Photo by Christine Bates

WASHINGTON — The Town of Washington and Village of Millbrook continued to be active with seven properties transferred in the month of November. Transfers below $500,000 accounted for four of the sales while there was only one sale over a million. The median price for a single-family residence rose again to $712,000 for November although still below Covid frenzy levels when median prices almost reached $800,000.

Demand for million-dollar properties continues to be weak with 14 listed for sale for an average of 245 days; however, four over a million-dollar properties are pending sale and an additional two have already closed in December. Just before the beginning of 2025 there are still 32 residential properties listed for sale — similar to last month with 14 houses reducing their listing price.

November Transfers

27 Merrit Ave. — 3 bedroom/1 bath house built in 1930 on .23 acre lot in Village of Millbrook sold for $429,000.

16-18 Alden Place — an investment property with residential units plus a restaurant and a parking lot was sold privately for $937,300.

23 Oak Summit Road — 2 bedroom/2 bath ranch on 5.33 acres sold for $585,000.

24 Maple Hill Drive — 4 bedroom/1.5 bath ranch sold for $394,000.

117 County House Road — 3 bedroom/2 bath ranch on .48 acres sold for $461,000.

91 Tower Hill Road — 3 bedroom/5 bath house built in 1985 on 5.83 acres sold for $1.75 million.

Ter Bar Court — a 0.2-acre triangular lot sold for $400,000.

* Town of Washington real estate sales recorded between November 1, 2024, and November 30, 2024, sourced from Dutchess County Real Property Tax Service Agency. Information on active listings taken from First Key MLS which may understate available properties. Parcel numbers refer to parcel designation by Dutchess County and may be accessed on Dutchess Parcel Access.
Only transfers with consideration are included. Compiled by Christine Bates, Real Estate
Advisor with William Pitt Sotheby’s International Realty, Licensed in CT and NY.

Christine Bates

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