Larchmont NY Coop Sales April 2015

By
Real Estate Agent with William Raveis Legends Realty Group 30PA1082583
 
Sales
There were 3 unit sales in March. This is up 200.0% from 1 in March of 2014. Sales/list price ratio in March moved up to 99.6% from 89.4% in February. 

 

Prices
Median price in March was $240,750. This is up 30.1% from $185,000 in March of 2014. 3-month median price of $255,375 in March was down slightly from $270,000 in February but up considerably from $211,000 in March of 2014. Price per square foot in March was $254. This is up from $247 in February and up from $211 in March of 2014. 

 

Inventory
Inventory of 10 in March was up 11.1% from 9 in February but down 50.0% from 20 in March of 2014. New listings of 5 in March were up moderately from 4 in February but way down from 8 in March of 2014. Months of supply of 2.8 in March was up a little from 2.6 in February but down substantially from 5.3 in March of 2014. 

 

Market Time
Days on market of 60 in March was way down from 90 in February but up considerably from 25 in March of 2014. 

 

Comments (1)

Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

It will be interesting to see what April/spring will bring.  Larchmont is a very popular market.

Apr 19, 2015 09:35 PM

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