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Rye Brook NY Home Sales In November 2016

By
Real Estate Agent with William Raveis Legends Realty Group 30PA1082583

Sales

There were 12 Rye Brook NY single family home sales in October. This is up 33.3% from 9 in October of 2015. Sales/list price ratio in October moved up to 100.1% from 92.0% in September.

Prices

Median price in October was $1,038,750. This is up 48.9% from $697,560 in October of 2015. This is the highest median price has been since June, 2014. 3-month median price of $920,000 in October was up marginally from $890,062 in September and up considerably from $718,000 in October of 2015. Price per square foot in October was $382. This is up from $339 in September and up from $307 in October of 2015.

Inventory

Inventory of 50 in October was down 9.1% from 55 in September but up 2.0% from 49 in October of 2015. New listings of 9 in October were down substantially from 19 in September but up slightly from 8 in October of 2015. Months of supply of 4.7 in October was down a little from 5.2 in September and down just slightly from 4.8 in October of 2015. This is the lowest months of supply has been since December, 2015.

Market Time Days on market of 84 in October was way up from 57 in September but down considerably from 105 in October of 2015.

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Comments(1)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in your market area will appreciate this information.

Nov 21, 2016 08:48 PM