Questions & Answers What is the cost of an average home in Sullivan County? The average sales price of all sold homes in Sullivan County in the first quarter of 2006 was $190,669. Sullivan County showed an 18.6% increase in median home prices What styles of homes are available in Sullivan County?Sullivan County has a housing diversity that most areas of this country do not have. We have styles from the most primitive farmhouses to the ultra contemporary homes. Many of our villages offer older Victorians and Colonial style homes that reflect the era.Nowadays, people are building all sorts of styles-whatever suits their needs and lifestyle. What is the price range for a new, three bedroom, home?The price of a new 3-bedroom home ranges from $130,000 to $450,000  depending on amenities. Lakefront or a large tract of land can increase the price dramatically, as well as the condition and setting of the home itself. Are there benefits in buying a house in a town? A house in a village or town can be cheaper and reduce your cost of living. You can walk or bike to main street shops. The cost of driveway snow plowing and maintenance is less. The switch from city living to country living can be less dramatic by moving into a town. Are older homes in need of repair a good investment?Older homes in need of repair can be a great investment. Hundreds  of homes throughout the county have been saved from the wrecking ball due to hardworking homeowners with a vision and a keen eye for design. The television show "This Old House" and others have helped homeowners get involved in these do-it-yourself projects.

What are the differences between a condominium, a townhouse and a co-op?

A townhouse is a style of construction, whereas condominium and co-op are types of ownership. A townhouse is basically a building or unit that shares a common wall with the building or unit next door. The walls are usually straight and entry is usually from the ground floor. Townhouses usually have two or more stories. A townhouse can be a style of condominium.

A condo is where you own the actual structure of the building jointly with the other members of the association, along with common areas such as swimming pools, tennis courts or other common areas. Individually, you own the airspace and interior of the structure, but not the building itself. You and the other members of the association own the structure together.

A co-op is where you own shares of a corporation or organization that owns the larger structure, and ownership of those shares gives you the right to occupy a specific unit or apartment. 

In addition to our steady increase in business, Sullivan County is also experiencing a housing boom. The increasing demand for affordable housing from people who commute to the New York Metropolitan area for work or those who want an affordable weekend escape has stimulated our real estate market. Developers here are creating affordable single family homes as well as condos, townhouses and artist lofts to meet the demand.
Another increasing trend is second homes with prices well over $500,000 and many over $1,000,000. The abundant space, pristine lakes, rivers and woodlands are luring executives from finance, publishing, fashion, art and entertainment to find refuge in our tranquil hills and valleys.