Rye Brook NY Home Sales Are The Highest Since August 2015

Sales
There were 13 unit sales in April. This is up 225.0% from 4 in April of 2015. This is the highest unit sales have been since 16 in August, 2015. Sales/list price ratio in April moved down to 96.3% from 97.9% in March.

Prices
Median price in April was $600,000. This is down 4.2% from $626,250 in April of 2015. 3-month median price of $658,750 in April was down modestly from $805,000 in March but up marginally from $640,750 in April of 2015. Price per square foot in April was $308. This is up from $299 in March but down from $378 in April of 2015.

Inventory
Inventory of 57 in April was up 9.6% from 52 in March but down 6.6% from 61 in April of 2015. New listings this month are 22, the same as last month. Months of supply of 5.6 in April was up marginally from 5.5 in March but down a little from 6.3 in April of 2015. On a year-over-year basis, months of supply has been rising for 4 months. This is the highest months of supply has been since June, 2015.

Market Time
Days on market of 111 in April was down moderately from 142 in March but up somewhat from 84 in April of 2015.

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