Scarsdale NY Single Family Home Sales May 2015 Report

By
Real Estate Agent with William Raveis Legends Realty Group 30PA1082583
Sales
There were 12 unit sales in April. This is down 20.0% from 15 in April of 2014. Sales/list price ratio in April moved up to 100.0% from 97.0% in March. 

Prices
Median price in April was $1,806,601. This is up 72.1% from $1,050,000 in April of 2014. 3-month median price of $1,725,000 in April was very slightly up from $1,685,000 in March and up slightly from $1,481,000 in April of 2014. Price per square foot in April was $471. This is up from $438 in March and up from $438 in April of 2014. 

Inventory
Inventory of 132 in April was up 15.8% from 114 in March and up 20.0% from 110 in April of 2014. New listings of 43 in April were down modestly from 50 in March and down a little from 51 in April of 2014. Months of supply of 6.9 in April was up slightly from 5.9 in March and up moderately from 5.6 in April of 2014. On a year-over-year basis, months of supply has been rising for 4 months. This is the highest months of supply has been since May, 2013. 

Market Time
Days on market of 74 in April was down considerably from 128 in March and down slightly from 83 in April of 2014. 
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Christopher Pagli

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