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How's The Market In Rye Brook NY?

By
Real Estate Agent with William Raveis Legends Realty Group 30PA1082583
Sales
There were 19 unit sales in June. This is up 58.3% from 12 in June of 2014. This is the highest unit sales have been since 21 in July, 2014. Sales/list price ratio in June moved up to 97.6% from 94.9% in May. 

 

Prices
Median price in June was $675,000. This is down 35.7% from $1,050,000 in June of 2014. 3-month median price of $675,000 in June was up marginally from $670,000 in May but down moderately from $955,000 in June of 2014. Price per square foot in June was $330. This is up from $265 in May and up from $322 in June of 2014. 

 

Inventory
Inventory of 65 in June was down 11.0% from 73 in May and down 5.8% from 69 in June of 2014. New listings of 16 in June were down considerably from 29 in May and down somewhat from 20 in June of 2014. Months of supply of 6.6 in June was down modestly from 7.8 in May and down a little from 7.4 in June of 2014. 

 

Market Time
Days on market of 126 in June was way up from 54 in May and up substantially from 42 in June of 2014. 

 

Comments (1)

Michele Cadogan 917-861-9166
Fillmore Real Estate 2990 Av U, Bklyn , NY 11229 - Brooklyn, NY
Licensed Real Estate Associate Broker -

Always interesting to see how our New York neighbors are doing. Thanks for sharing  your Rye Brook NY real estate market report.

Jul 27, 2015 02:20 PM