July 2008 Market Update on the Hudson Valley River Towns - Palisades, Piermont, Grandview, Upper Grandview, South Nyack, Nyack, Central Nyack and Upper Nyack
By Donna Cox
(Better Homes and Gardens Real Estate - Rand Realty)
The rivertowns are a collection of small towns and villages situated on the western banks of the Hudson River. The rivertowns are among the most special and sought after locations in the lower Hudson Valley and include Palisades, Sneden's Landing, Piermont, Upper Grandview, Grand View, South Nyack, Nyack, Central Nyack and Upper Nyack. Located about 15 minutes north of Manhattan, the rivertowns are perfect for those looking to live in a beautiful, diverse and convenient location with easy access to Manhattan, Connecticut and Westchester. July 2008 vs. July 2007 YTD - Single Family HomesNew inventory (the number of homes going on the market) decreased 7% (171 YTD 2008 vs. 184 YTD 2007). There was a 30% decrease in the number of sales (52 YTD 2008 vs. 74 YTD 2007). The average sales pric...