Average home price in Stanford reaches ten year high

STANFORD — August recorded sales in Stanford present a sharp contrast to July when only one property out of five sales closed for less than $500,000. In August there were ten transfers, twice as many as July, and all of them less than $1 million across a range of prices from $400,000 to $937,500 for a 1780 farm house. The striking change in a month is a reminder that monthly results in small markets can swing widely. But what hasn’t changed is the long-term upward momentum in prices. Stanford’s August median price reached a ten year high of $640,000.

In late September of the 23 family homes publicly listed for sale in Stanford only two are listed under $500,000 and ten remain available for over $1 million.

August Transfers

26 Hobbs Lane — 3 bedroom/2 bath house on 5.1 acres sold for $719,000.

1 Creamery Road — 4 bedroom/4 bath house built in 1780 with 4 fireplaces sold for $937,500.

459 Shelley Hill Road — 4 bedroom/2 bath house sold for $507,000.

189 Hunns Lake Road — 4 bedroom/2 bath house sold for $690,000.

134 Hunns Lake Road — 3 bedroom/2 bath house sold for $400,000.

229 Layton Road — 3 bedroom/2 bath house sold for $425,000.

27 Hunns Lake Road — 4 bedroom/2 bath house built in 1899 on .5 acres sold for $687,500.

92 Decker Road — 2 bedroom/1.5 bath house on 26.72 acres sold for $775,000.

6102 Route 82 — 2 bedroom/1.5 bath ranch on 13 acres sold for $450,000.

5-15 Old Depot Way — 3 bedroom/4 bath renovated train station on 2.74 acres sold for $728,500.

* Town of Stanford real estate sales recorded as sold between Aug. 1, 2024 and Aug. 31, 2024 sourced from Dutchess County Real Property Tax Service Agency with property details from Dutchess Parcel Access. Currently listed homes are taken from First Key MLS and may not include all properties available. 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.