Bronxville NY Single Family Home Sales June 2015

By
Real Estate Agent with William Raveis Legends Realty Group 30PA1082583
 
Sales
There were 12 unit sales in May. This is down 33.3% from 18 in May of 2014. This is the highest unit sales have been since 16 in December, 2014. Sales/list price ratio in May moved down to 96.6% from 97.6% in April. 

 

Prices
Median price in May was $994,500. This is down 10.0% from $1,105,000 in May of 2014. 3-month median price of $990,000 in May was down slightly from $1,043,000 in April and down a little from $1,140,000 in May of 2014. Price per square foot in May was $500. This is down from $574 in April but up from $472 in May of 2014. 

 

Inventory
Inventory of 104 in May was up 4.0% from 100 in April but down 5.5% from 110 in May of 2014. New listings of 36 in May were up substantially from 26 in April but down slightly from 41 in May of 2014. Months of supply of 7.5 in May was up a little from 7 in April but down modestly from 8.4 in May of 2014. On a year-over-year basis, months of supply has been rising for 5 months. This is the highest months of supply has been since June, 2014. 

 

Market Time
Days on market of 74 in May was way down from 115 in April but up a little from 67 in May of 2014. This is the lowest days on market has been since October, 2014. 

 

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