STANFORD — The price pattern of July recorded real estate transfers in Stanford when only one property out of five sales closed for less than $500,000 is repeated when comparing homes that are currently available for sale in the town. Of the 20 single family homes publicly listed for sale on September 10th only one is offered under $500,000 and ten are over $1,000,000. There is no indication that the real estate market will improve for home buyers and the median price in Stanford of $640,000 continues to rise.
The amount of time it takes to sell a house has continued to fall and is now only 47 days.
July Transfers
5923 Route 82 — 4 bedroom/2 bath home sold for $320,000.
1709 Bulls Head Road — 4 bedroom/3.5 bath home built in 1830 on 11.6 acres sold for $2,300,000.
140 Mountain Road — 3 bedroom/3 bath house on 6.3 acres sold for $1,570,000.
174 Conklin Hill Road — 3 bedroom/3 bath house sold for $540,000.
3141 Salt Point Turnpike — 4 bedroom/3 bath home on 16.7 acres and an adjoining parcel of 5.27 parcels sold for $1,850,000.
* Town of Stanford real estate sales recorded as sold between July 1, 2024 and July 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.
