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Tarrytown NY Real Estate Market Report June 2016

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

Sales

There were 8 Tarrytown NY single family home sales in May. This is up 33.3% from 6 in May of 2015. This is the highest unit sales have been since 14 in August, 2015. Sales/list price ratio in May moved down to 99.0% from 100.7% in April.

Prices

Median price in May was $669,500. This is up 12.2% from $596,750 in May of 2015. 3-month median price of $669,500 in May was down a little from $700,000 in April but up substantially from $500,000 in May of 2015. Price per square foot in May was $319. This is down from $346 in April but up from $236 in May of 2015.

Inventory

Inventory this month is 24, the same as last month. New listings in May were 11, unchanged from the same month last year. Months of supply of 4.2 in May was down just slightly from 4.4 in April and down slightly from 4.9 in May of 2015.

Market Time

Days on market of 49 in May was up considerably from 39 in April but down modestly from 60 in May of 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

another great report from you on the local market! I think this is one of the best parts of Active Rain - seeing what is going on around in different parts of the United States

Jun 19, 2016 09:01 PM
Christopher Pagli
William Raveis Legends Realty Group - Tarrytown, NY
"I Stay Open Until You Close"

Thank you, I agree about Active Rain.  I didn't realize you are an attorney as well, in 3 states!  You must be really busy :o)

Jun 19, 2016 09:04 PM