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Hastings NY Real Estate Market Report August 2016

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

Sales

There were 7 Hastings-on-Hudson single family home sales in July. This is down 58.8% from 17 in July of 2015. Sales/list price ratio in July moved down to 104.1% from 104.3% in June.

Prices

Median price in July was $950,000. This is up 15.2% from $825,000 in July of 2015. This is the highest median price has been since December, 2013. 3-month median price of $746,500 in July was up a little from $695,500 in June but down modestly from $800,000 in July of 2015. Price per square foot in July was $459. This is down from $468 in June but up from $391 in July of 2015.

Inventory

Inventory of 23 in July was up 9.5% from 21 in June but down 23.3% from 30 in July of 2015. New listings this month are 9, the same as last month. Months of supply of 3.5 in July was up moderately from 2.9 in June but down somewhat from 5.2 in July of 2015.

Market Time

Days on market of 30 in July was very slightly up from 29 in June but down substantially from 46 in July of 

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