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North East home prices hold steady

North East home prices hold steady

The home at 15 South Maple Ave. quickly found a buyer at $575,000 well over the original listing price of $535,000.

Photo by Christine Bates

MILLERTON — The median sale price of a residential property in the Town of North East was $440,000 for the 12 months ending Aug. 31, 2026.

This level marks a 2% increase from the $430,000 median recorded for the 12 months ending Aug. 31, 2025, and a 6% increase from $415,000 for the comparable period in 2024.

The average sale price fell to $619,000 for the 12 months ending Aug. 31, compared to $707,000 a year earlier, reflecting fewer sales of high-priced properties.

Yearly residential transfers on a 12-month trailing basis in North East have a wide three-year range of 20 to 45 a year.

A total of 37 residences were sold in the 12 months ending Aug. 31, 2026, compared with 23 sales for the same period in 2025, and 44 sales for the same 12 months in 2024.

In the past year, only 13 residential transfers were recorded in the Village of Millerton which accounted for about a third of the Town’s total transactions. The median price of a home in the Village alone was $410,000, slightly lower than the town overall.

Inventory of all residential properties included 14 homes listed at the end of September with just two in the Village of Millerton and only two listed below the median price of $440,000. The five $1 million plus homes have all been on the market for over three months.

Seven parcels of land are now listed for sale on the MLS including three large estate lots on Skunks Misery for $3,000,000 to $1,450,000. Six listed village residential rentals are all below $3,000 and smaller than 1,400 square feet.

North East Transfers August 2026

15 South Maple Ave. — 3 bedroom/2 bath renovated home in the Village of Millerton on .49 acres built in 1885 transferred to Lee Laslo for $575,000

5 Country View Road — 3 bedroom/3 bath home on 1.2 acres transferred to Eric Sandler for $429,000

26 Mountain Farm Road — 5 bedroom/6 bath home on 21.9 acres transferred to August 26 LLC for $2,725,000.

* Town of North East real estate transfers recorded between August 1, 2026, and August 31, 2026, not previously reported as sales, provided by Dutchess County Office of Real Property. Transfers without consideration are not included. Median and average prices based on all residential sales including single-family, multi-family, estates and mobile homes. Current market listings from First Key MLS. Note that recorded transfers frequently lag sales by a number of days and include properties sold privately. Online sources like realtor.com often reference properties by post office rather than by town. Compiled by Christine Bates, Real Estate Salesperson with William Pitt Sotheby’s International Realty, Licensed in CT and NY.

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