cold spring

Cold Spring is a village in the town of Philipstown in Putnam County, New York, United States. The population was 1,983 at the 2010 census.] It borders the smaller village of Nelsonville. The central area of the village is on the National Register of Historic Places as the Cold Spring Historic District due to its many well-preserved 19th-century buildings, constructed to accommodate workers at the nearby West Point Foundry (itself a Registered Historic Place today). The town is the birthplace of General Gouverneur K. Warren, who was an important figure in the Union Army during the Civil War.

The village, located in the Hudson Highlands, sits at the deepest point of the Hudson River, directly across from West Point. Cold Spring serves as a weekend getaway for many residents of New York City.Commuter service to New York City is available via the Cold Spring train station, served by Metro-North Railroad. The train journey is about an hour and ten minutes to Grand Central Terminal.

The industry considers Median Sales Price a more accurate look at home prices than average because it eliminates the outliers that can skew data.
Low inventory (new & active listings) can lead to a sellers market, especially if pending & sold listings are up. The opposite, high inventory and low sales will lead to a buyers market.
Months of inventory reflects an estimate of the amount of time it would take to sell all of the current listings in a given area. Six months is considered a ‘balanced’ market. Anything under 6 months is considered a sellers market and anything above is a buyers market.