Croton-on-Hudson NY Single Family Home Sales Surge Sept 2015

Sales

There were 18 unit sales in September. This is up 125.0% from 8 in September of 2014. Sales/list price ratio in September moved up to 100.4% from 99.3% in August.

Prices

Median price in September was $590,000. This is up 7.4% from $549,450 in September of 2014. This is the highest median price has been since November, 2014. 3-month median price of $557,500 in September was very slightly up from $545,000 in August and up marginally from $544,500 in September of 2014. Price per square foot in September was $279. This is up from $276 in August and up from $274 in September of 2014.

Inventory

Inventory of 65 in September was up 10.2% from 59 in August but down 7.1% from 70 in September of 2014. New listings in September were 15, unchanged from the same month last year. Months of supply of 6 in September was up marginally from 5.9 in August but down substantially from 9.3 in September of 2014.

Market Time

Days on market of 67 in September was up considerably from 40 in August but down slightly from 79 in September of 2014.