Home sales, median price fall in Rockland

Sales of Rockland County houses in the second quarter fell 16.8 percent year over year, but an increase in houses under contract indicates that the market may have stabilized, according to the Greater Hudson Valley Multiple Listing Service.

The median price of a house in Rockland reached $420,000 last quarter, down 7.39 percent from a year earlier. It was the lowest second-quarter level in six years. The median price is the point at which half of all sales are higher and half are lower.

* Full story available on The LO HUD

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