The inventory levels in Tarrytown NY are very low and have been for the past year or so. Any good home that comes on the market between $500k-700k goes within the first couple of weeks and to multiple bidders.
Sales
There was 1 Tarrytown NY single family home sale in February. This is down 50.0% from 2 in February of 2015. Sales/list price ratio in February moved down to 93.8% from 104.3% in January.
Prices
Median price in February was $2,250,000. This is up 288.6% from $579,000 in February of 2015. 3-month median price of $680,000 in February was up slightly from $610,000 in January and up a little from $605,000 in February of 2015. Price per square foot in February was $346. This is up from $321 in January and up from $251 in February of 2015.
Inventory
Inventory of 17 in February was down 15.0% from 20 in January and down 15.0% from 20 in February of 2015. New listings of 4 in February were down substantially from 7 in January and way down from 8 in February of 2015. Months of supply of 3.2 in February was down a little from 3.7 in January and down moderately from 4.6 in February of 2015.
Market Time
Days on market of 252 in February was way up from 45 in January and up considerably from 71 in February of 2015. This is the highest days on market has been since January, 2012.
Comments (3)Subscribe to CommentsComment