Columbia County is a diverse landscape comprised of eighteen unique townships and the vibrant City of Hudson. Each year, it is vital to analyze the residential sales data to understand the flow of the market and identify where growth is most concentrated.
According to the Columbia Greene Northern Dutchess Multiple Listing Service, there were 545 total residential transactions in Columbia County during 2013.
The Top Three Performers
It is always smart to "follow the action" when looking at real estate trends. In 2013, three areas stood out as the primary drivers of our local economy:
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The City of Hudson: As many predicted, Hudson led the county with 65 residential sales. When including multi-family, land, and commercial properties, Hudson saw a total of 103 transactions. Hudson continues to grow in popularity, particularly as a destination for younger buyers from New York City looking to discover the culture and community the city has to offer.
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The Town of Kinderhook: Taking the second-place spot for residential activity, Kinderhook saw 58 closed transactions for the year.
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The Town of Chatham: Coming in a close third, Chatham recorded 53 residential sales.
The Importance of Local Expertise
Understanding these statistics helps both buyers and sellers make informed decisions. Whether you are looking for the urban energy of Hudson or the classic charm of Kinderhook and Chatham, knowing the transaction volume in each township provides a clearer picture of market demand and property values.
Are you curious how these historical numbers compare to today's market?