Tarrytown NY Real Estate Market Report May 2016

By
Real Estate Agent with William Raveis Legends Realty Group 30PA1082583

Sales

There were 4 unit sales in April. This is up 100.0% from 2 in April of 2015. Sales/list price ratio in April moved up to 100.7% from 99.1% in March.

Prices

Median price in April was $616,000. This is up 5.3% from $585,000 in April of 2015. 3-month median price this month is $700,000, the same as last month. Price per square foot in April was $346. This is up from $345 in March but down from $371 in April of 2015.

Inventory Inventory of 24 in April was up 33.3% from 18 in March but down 7.7% from 26 in April of 2015. New listings of 16 in April were up considerably from 10 in March and up moderately from 13 in April of 2015. Months of supply of 4.4 in April was up somewhat from 3.4 in March but down considerably from 5.9 in April of 2015. This is the highest months of supply has been since May, 2015.

Market Time

Days on market of 39 in April was down substantially from 114 in March but way up from 14 in April of 2015. This is the lowest days on market has been since April, 2015.

 

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Comments (2)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Very useful information for anyone looking for a home in Tarrytown. I was just there two weeks ago. What a wonderful town to live in and work

Jun 05, 2016 09:19 PM
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to share this market insight!  It's most informative!

Jun 06, 2016 11:17 PM

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