Rye Brook NY Real Estate Market Report July 2016

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

Sales

There were 16 Rye Brook NY single family home sales in June. This is down 15.8% from 19 in June of 2015. This is the highest unit sales have been since 20 in July, 2015. Sales/list price ratio in June moved down to 94.8% from 99.0% in May.

Prices

Median price in June was $865,750. This is up 28.3% from $675,000 in June of 2015. 3-month median price this month is $750,000, the same as last month. Price per square foot in June was $325. This is up from $302 in May but down from $330 in June of 2015.

Inventory

Inventory of 56 in June was up 9.8% from 51 in May but down 12.5% from 64 in June of 2015. New listings this month are 21, the same as last month. Months of supply of 5.3 in June was up a little from 4.7 in May but down modestly from 6.5 in June of 2015.

Market Time

Days on market of 70 in June was way up from 50 in May but down considerably from 126 in June of 2015.

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Comments (1)

Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Nice to see a healthy market in your area this week.

Jul 16, 2016 11:27 PM

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