Special offer

How's the Real Estate Market in Katonah NY?

By
Real Estate Agent with William Raveis Legends Realty Group 30PA1082583
Sales
There were 11 unit sales in June. This is down 38.9% from 18 in June of 2014. Sales/list price ratio in June moved up to 99.5% from 97.8% in May. 

 

Prices
Median price in June was $580,000. This is down 21.3% from $737,000 in June of 2014. 3-month median price of $601,000 in June was down somewhat from $830,000 in May and down a little from $720,000 in June of 2014. Price per square foot in June was $249. This is down from $268 in May and down from $288 in June of 2014. 

 

Inventory
Inventory of 110 in June was down 6.8% from 118 in May and down 1.8% from 112 in June of 2014. New listings of 21 in June were down substantially from 34 in May and down somewhat from 30 in June of 2014. Months of supply of 11.9 in June was down a little from 12 in May but up just slightly from 11.6 in June of 2014. 

 

Market Time
Days on market of 50 in June was way down from 83 in May and down considerably from 110 in June of 2014. 

 

Comments(2)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Sounds like a very interesting market in Katonah - Good luck with getting more of the sales in your win column! 

Aug 03, 2015 08:53 PM
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Katonah really is such a peaceful community.  I often go to Taza there.

Aug 03, 2015 09:34 PM