Single Family Homes
Sales
There were 20 unit sales in June. This is down 9.1% from 22 in June of 2013. This is the highest unit sales have been since 26 in December, 2013. Sales/list price ratio in June moved up to 98.6% from 97.2% in May.
Prices
Median price in June was $673,250. This is up 16.6% from $577,500 in June of 2013. This is the highest median price has been since August, 2012. 3-month median price of $625,000 in June was up marginally from $600,000 in May and up a little from $532,000 in June of 2013.
Inventory
Inventory of 109 in June was down 10.7% from 122 in May and down 24.3% from 144 in June of 2013. New listings of 27 in June were down considerably from 52 in May and down substantially from 47 in June of 2013. Months of supply of 5.8 in June was down slightly from 6.5 in May and down considerably from 8.4 in June of 2013.
Market Time
Days on market of 65 in June was down substantially from 131 in May and way down from 139 in June of 2013.
Condos
Sales
There were 16 unit sales in June. This is up 6.7% from 15 in June of 2013. This is the highest unit sales have been since 17 in October, 2013. Sales/list price ratio in June moved down to 97.3% from 97.9% in May.
Prices
Median price in June was $418,500. This is up 27.6% from $328,000 in June of 2013. 3-month median price this month is $437,500, the same as last month.
Inventory
Inventory of 71 in June was down 6.6% from 76 in May and down 27.6% from 98 in June of 2013. New listings of 21 in June were up slightly from 20 in May but down modestly from 25 in June of 2013. Months of supply of 5.6 in June was down a little from 6 in May and down somewhat from 7.5 in June of 2013. This is the lowest months of supply has been since December, 2013.
Market Time
Days on market of 103 in June was up substantially from 72 in May but down a little from 110 in June of 2013.
Coops
Sales
Unit sales in June were 17, unchanged from the same month last year. Sales/list price ratio in June moved down to 95.5% from 96.3% in May.
Prices
Median price in June was $185,000, unchanged from the same month last year. 3-month median price of $185,000 in June was up modestly from $168,500 in May and up slightly from $162,500 in June of 2013.
Inventory
Inventory of 136 in June was down 4.2% from 142 in May and down 31.3% from 198 in June of 2013. New listings in June were 31, unchanged from the same month last year. Months of supply of 8.6 in June was down just slightly from 9 in May and way down from 14.2 in June of 2013. On a year-over-year basis, months of supply has been falling for 9 months.
Market Time
Days on market of 119 in June was down a little from 121 in May and down modestly from 135 in June of 2013.
Christopher Pagli - www.WestchesterCountyRealEstateMarketReport.com
Accredited Buyer Representative
Real Estate Associate Broker
William Raveis Legends Realty Group
914.406.9023
chris@legendsrealtygroup.net
Accredited Buyer Representative
Real Estate Associate Broker
William Raveis Legends Realty Group
914.406.9023
chris@legendsrealtygroup.net
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