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Dobbs Ferry NY Real Estate Market Report August 2016

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

Sales

There were 5 Dobbs Ferry NY single family home sales in July. This is down 58.3% from 12 in July of 2015. Sales/list price ratio in July moved up to 103.6% from 96.5% in June.

Prices

Median price in July was $931,000. This is up 16.6% from $798,750 in July of 2015. 3-month median price of $730,000 in July was up modestly from $680,000 in June but down a little from $731,000 in July of 2015. Price per square foot in July was $398. This is up from $337 in June and up from $393 in July of 2015.

Inventory

Inventory of 31 in July was down 16.2% from 37 in June and down 26.2% from 42 in July of 2015. New listings of 8 in July were way down from 14 in June and down substantially from 12 in July of 2015. Months of supply of 3.8 in July was down a little from 4.2 in June and down somewhat from 5.4 in July of 2015.

Market Time

Days on market of 29 in July was down substantially from 113 in June and down considerably from 64 in July of 2015.

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Comments(2)

Garreth Wilcock
Sherlock Homes Frisco - Frisco, TX
Sherlock Homes Frisco

Great report on Dobbs Ferry NY, Christopher! Well delivered! THanks for sharing this! All the best!

Aug 23, 2016 11:32 PM
Christopher Pagli
William Raveis Legends Realty Group - Tarrytown, NY
"I Stay Open Until You Close"

Garreth Wilcock Thanks for the feedback.  Have a great week!

 

Aug 28, 2016 09:12 AM