Rye Brook NY Real Estate Market Report August 2016

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

Sales

There were 9 Rye brook NY single family home sales in July. This is down 55.0% from 20 in July of 2015. Sales/list price ratio in July moved up to 97.4% from 94.8% in June.

Prices

Median price in July was $895,123. This is down 5.2% from $944,000 in July of 2015. 3-month median price of $789,000 in July was up a little from $750,000 in June but down just slightly from $820,000 in July of 2015. Price per square foot in July was $360. This is up from $325 in June and up from $331 in July of 2015.

Inventory Inventory of 67 in July was up 19.6% from 56 in June and up 28.8% from 52 in July of 2015. New listings of 32 in July were way up from 21 in June and up considerably from 9 in July of 2015. Months of supply of 7 in July was up moderately from 5.3 in June and up somewhat from 5.3 in July of 2015. This is the highest months of supply has been since May, 2015.

Market Time

Days on market of 137 in July was up considerably from 70 in June and up substantially from 87 in July of 2015.

Click Here to search for single family homes in Rye Brook and other Westchester County real estate.

 

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

I always enjoy reading your market reports and imagining living in your featured neighborhoods! A new kind of arm chair travel! 

Aug 21, 2016 11:23 PM #1
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Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Thank you for taking the time to share this.  Very informative!

Aug 22, 2016 10:10 PM #2
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Christopher Pagli

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