There's not much inventory on the market like your property. Because of this, I would suggest you list your property "As Is" and let the offers come in, then you can decide which one to pick from. This situation could work in your favor, as we can list your property in the price range from $650,000 - $700,000, attract multiple showings, and hopefully create a competitive bidding environment. The best way to find our sweet spot is to present it to serious buyers to gauge their offers. Once we launch on the market, we can assess our approach after one week to see if our pricing is on point, ensuring we maximize your returns.
To accelerate the sale, we must engage genuinely interested buyers. This can be accomplished by listing on the MLS, promoting through top local brokers' sites, and directly contacting their clients via email.
I recommend starting with this price. If we don't receive any viewings or favorable offers in the next few weeks, we can reevaluate our pricing strategy.
Provided below is the expected price range for selling your property.
Naturally, this is merely a ballpark figure and may fluctuate higher or lower, depending on any refurbishing or enhancements you've made to make the property market-ready.
Best,
Ari Lee
PRICING COMPARABLES BELOW
### Recent Home Sales Near 686 Depot Hill Rd, Poughquag, NY 12570
1. **75 Lime Ridge Road, Poughquag, NY 12570**
- **Sold for**: $730,000
- **Bedrooms**: 4
- **Bathrooms**: 3
- **Square Feet**: 2,962
- **Sale Date**: March 10, 2025
2. **30 Griffen Street, Poughquag, NY 12570**
- **Sold for**: $410,000
- **Bedrooms**: 2
- **Bathrooms**: 3
- **Square Feet**: 2,078
- **Sale Date**: March 18, 2025
3. **33 Bush Creek Lane, Poughquag, NY 12570**
- **Sold for**: $505,000
- **Bedrooms**: 4
- **Bathrooms**: 3
- **Square Feet**: 1,625
4. **184 Beach Road, Poughquag, NY 12570**
- **Sold for**: $550,000
- **Bedrooms**: 3
- **Bathrooms**: 2
- **Square Feet**: 2,080
5. **70 Vanderburgh Road, Poughquag, NY 12570**
- **Sold for**: $460,000
- **Bedrooms**: 2
- **Bathrooms**: 2
- **Square Feet**: 1,532
6. **21 Tanner Drive, Poughquag, NY 12570**
- **Sold for**: $669,000
- **Bedrooms**: 4
- **Bathrooms**: 3
- **Square Feet**: 3,115
7. **86 Roosevelt Drive, Poughquag, NY 12570**
- **Sold for**: $545,000
- **Bedrooms**: 3
- **Bathrooms**: 3
- **Square Feet**: 1,932
8. **1217 Route 216, Poughquag, NY 12570**
- **Sold for**: $510,000
- **Bedrooms**: 3
- **Bathrooms**: 2
- **Square Feet**: 2,229
- **Sale Date**: September 30, 2024
9. **50 Carol Lane, Poughquag, NY 12570**
- **Sold for**: $776,000
- **Bedrooms**: 3
- **Bathrooms**: 4
- **Square Feet**: 5,206
10. **62 Cunningham Lane, Poughquag, NY 12570**
- **Sold for**: $530,000
- **Bedrooms**: 3
- **Bathrooms**: 3
- **Square Feet**: 1,890
### Current Real Estate Market Trends in Poughquag, NY 12570
#### Median Home Prices:
- **February 2025**: Median sale price of $528,000 (up 34.2% year-over-year), with a median price per square foot of $282.
- **November 2024**: Median sale price of $464,000 (down 12.5% year-over-year).
#### Average Days on Market:
- Homes stayed on the market for approximately 36 days in early 2025, compared to 47 days the previous year, indicating faster sales.
#### Market Dynamics:
- **Competition**: The 12570 market is categorized as "somewhat competitive." Hot homes can sell for about 2-4% above the list price and go pending in as little as 31-33 days. On average, homes sell for about 1% above or below the list price.
- **Sales Volume**: In February 2025, 12 homes were sold in the area, a slight increase from 11 homes in February 2024.
#### Broader Trends in Hudson Valley:
- The Hudson Valley region, including Poughquag, has seen overall housing price increases due to pandemic-era migration, remote work, and limited inventory. The influx of city-based buyers has further tightened the market, creating affordability challenges.
- Institutional investors acquiring properties for rentals have contributed to inventory shortages, exacerbating the upward pressure on home prices.
#### Homes Currently for Sale:
- Examples include properties like 68 Gabriels Path ($650,000 for 4 beds, 3 baths, 2,172 sqft) and 122 Susan Drive ($499,900 for 3 beds, 2 baths, 2,168 sqft).
- Larger estates, such as a 4,605-sq-ft property at 237-239 Hynes Road, are listed for $1.55 million.
#### Affordability and Value:
- The median home value in the Poughquag zip code is reported at $509,498, reflecting a steady increase month-over-month through 2024 and early 2025.
- Home values vary based on size, with 3-bedroom homes averaging $475,067 and 4-bedroom homes averaging $592,607.
In summary, Poughquag's real estate market reflects a mix of steady demand, significant price growth in recent months, and regional trends affecting affordability and competition. Buyers should expect competitive conditions, especially for well-maintained or desirable properties.