Rye Brook NY Real Estate Market Report June 2016

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

Sales

There were 10 Rye Brook NY single family home sales in May. This is up 150.0% from 4 in May of 2015. Sales/list price ratio in May moved up to 99.0% from 96.3% in April.

Prices Median price in May was $735,500. This is down 1.6% from $747,500 in May of 2015. 3-month median price of $750,000 in May was up a little from $658,750 in April and up slightly from $670,000 in May of 2015. Price per square foot in May was $302. This is down from $308 in April but up from $265 in May of 2015.

Inventory

Inventory of 51 in May was down 10.5% from 57 in April and down 28.2% from 71 in May of 2015. New listings of 21 in May were down just slightly from 22 in April and down considerably from 29 in May of 2015. Months of supply of 4.7 in May was down slightly from 5.6 in April and down substantially from 7.6 in May of 2015.

Market Time

Days on market of 50 in May was down considerably from 111 in April and down slightly from 54 in May of 2015. This is the lowest days on market has been since June, 2014.

 

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Comments (2)

Hillary Sheperd
Servpro of Scarsdale / Mount Vernon - Scarsdale, NY
Co-Owner ~ Servpro of Scarsdale / Mount Vernon, NY

Chris, so glad to see your numbers on the rise in May.  We are seeing improvements around Westchester too.  We help realtors with mold issues, esp. if a closing is stalled due to concerns on the buyer's side.  Our house is for sale, if you know anyone who likes hip Fleetwood, just south of Bronxville, let us know, broh!  (39 Fletcher Ave, Fleetwood 10552).  Go get 'em, tiger!

Jun 14, 2016 11:09 AM
Christopher Pagli
William Raveis Legends Realty Group - Tarrytown, NY
"I Stay Open Until You Close"

Hi Hillary Sheperd Thanks for your message!  I actually have a listing coming on in Fleetwood very soon.  Ironically, my parents grew up there and Bronxville.  :o)

 

 

Jun 15, 2016 12:48 AM

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