Bronxville NY Real Estate Report September 2016

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

Sales

There were 17 Bronxville NY single family home sales in August, unchanged from the same month last year. Sales/list price ratio in August moved up to 97.6% from 96.2% in July.

Prices

Median price in August was $1,770,000. This is up 85.3% from $955,000 in August of 2015. 3-month median price of $1,725,000 in August was up considerably from $1,230,000 in July and up substantially from $1,246,000 in August of 2015. Price per square foot in August was $505. This is down from $580 in July but up from $441 in August of 2015.

Inventory

Inventory of 73 in August was down 12.0% from 83 in July and down 8.8% from 80 in August of 2015. New listings of 7 in August were way down from 28 in July and down a little from 8 in August of 2015. Months of supply in August was 6.1, unchanged from the same month last year.

Market Time

Days on market of 57 in August was down a little from 70 in July and down substantially from 90 in August of 2015.

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Comments (1)

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

Thanks for sharing your local real estate market reports with us today.

Sep 20, 2016 10:26 PM

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