How's The Real Estate Market In Scarsdale, NY?

By
Real Estate Agent with William Raveis Legends Realty Group 30PA1082583
Sales
There were 26 unit sales in June. This is up 18.2% from 22 in June of 2014. This is the highest unit sales have been since 44 in August, 2014. Sales/list price ratio in June moved up to 99.3% from 98.6% in May. 

 

Prices
Median price in June was $1,245,000. This is down 16.5% from $1,491,500 in June of 2014. 3-month median price of $1,305,000 in June was down marginally from $1,342,500 in May and down modestly from $1,446,500 in June of 2014. Price per square foot in June was $495. This is up from $452 in May and up from $453 in June of 2014. 

 

Inventory
Inventory of 147 in June was down 1.3% from 149 in May but up 21.5% from 121 in June of 2014. New listings of 37 in June were down considerably from 62 in May but up marginally from 36 in June of 2014. Months of supply of 7.7 in June was down just slightly from 7.9 in May but up considerably from 6.2 in June of 2014. 

 

Market Time
Days on market of 51 in June was down somewhat from 71 in May and down moderately from 76 in June of 2014. This is the lowest days on market has been since July, 2014.
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
New York Westchester County Scarsdale
Groups:
Posts to Localism
City and State
Tags:
scarsdale ny real estate market

Spam prevention
Show All Comments
Rainmaker
863,796
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Thank you for sharing Scarsdale market report. Interesting that home prices went down as inventory also slowed down. 

Jul 29, 2015 04:22 AM #1
Rainmaker
2,831,251
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Christopher - These are very valuable real estate stats for Scarsdale, New York.

Jul 29, 2015 08:54 AM #2
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
420,385

Christopher Pagli

"I Stay Open Until You Close"
Feel Free To Ask Me Anything
*
*
*
*
Spam prevention

Additional Information