Q3 2025 Dutchess County Residential Market Report

Market Overview

The third quarter of 2025 tells a clear story: the Dutchess County real estate market is steady, balanced, and showing early signs of normalization after several years of rapid movement. Buyer demand remains healthy, but with inventory inching higher, the frenzied pace of multiple offers has cooled slightly. Prices continue to rise—though at a more sustainable rate—while sellers still benefit from solid equity positions. In short, this quarter reflects a confident market that’s finding its rhythm again.   Full report here: Q3 2025 Dutchess County Market Report

1. Overall Market Snapshot

• New Listings: Up +6.7% year-over-year

• Closed Sales: Down -7.0%

• Median Sold Price: Up +1.1%

• Average Sold Price: Up +7.5%

• Median Days on Market: Up from 31 to 34 days

• List-to-Sale Ratio: Down slightly from 101.4% to 100.8%

Takeaway: The market remains solid. More listings are giving buyers room to breathe, while steady pricing shows that confidence in home values hasn’t wavered.

2. Single-Family Home Highlights

• New Listings: +10% year-over-year

• Closed Sales: -8%

• Median Sold Price: $499,750 (+2%)

• Average Sold Price: $660,480 (+7.5%)

• Median Days on Market: 33 (from 31)

• List-to-Sale Ratio: ~101%

For sellers: Pricing and presentation matter more than ever. The strongest results are coming from homes that show well and are positioned realistically.
For buyers: You finally have options, but competition hasn’t disappeared—move decisively when the right home appears.

3. Inventory & Demand Dynamics

Inventory has crept up, particularly in the $400,000–$700,000 range, giving buyers a bit more leverage. Still, attractive listings continue to move quickly. The market is shifting from “fastest offer wins” to “smartest offer wins.”

4. Pricing Trends & Value Signals

• The modest +1.1% gain in median price signals stability, while the +7.5% rise in average price reflects strength at higher tiers.

• Median price per square foot rose about +11.7% year-over-year.

• Typical home value: $480,715 (+4.7%) according to Zillow.

Interpretation: High-end sales are lifting averages, but the broader market is holding steady—an encouraging sign for long-term value growth.

5. What Buyers & Sellers Should Know

Sellers:

• Well-maintained homes priced within 2–3% of current market value continue to draw attention.

• Days on market may lengthen slightly, but serious buyers are still out there.

• Highlight upgrades, energy efficiency, and move-in readiness to stand out.

Buyers:

• Slightly more selection, but desirable homes still move quickly.

• Lock in financing early and be prepared to act.

• Focus on long-term value and condition rather than short-term pricing noise.

6. Looking Ahead to Q4

• Rates: Fluctuations will continue to influence affordability.

• Seasonality: Expect fewer listings heading into winter, but motivated buyers and sellers remain active.

• Segment Divergence: Entry-level and luxury markets may continue to behave differently, with mid-range homes showing the strongest stability.

Dutchess County’s real estate market is entering a healthy, sustainable phase. Sellers still hold strong positions, but strategic pricing and preparation are key. Buyers have more breathing room without losing urgency. As we move into Q4, the market’s steady balance of supply, demand, and pricing suggests confidence—not volatility—is the defining trend.

For full statistics, town-by-town comparisons, and historical charts, see the complete Q3 2025 Dutchess County Market Report from Berkshire Hathaway HomeServices Hudson Valley Properties.

Sources:

• Berkshire Hathaway HomeServices Hudson Valley Properties, Q3 2025 Market Report

• Redfin, Dutchess County housing data (September 2025)

• Zillow, Dutchess County housing overview (September 2025)