Tarrytown NY Residential Real Estate Market Statistics Report 3/2014

Single Family Homes

There were 5 unit sales in February. This is up 66.7% from 3 in February of 2013. Sales/list price ratio in February moved down to 95.8% from 96.8% in January.

Median price in February was $419,500. This is up 9.7% from $382,500 in February of 2013. This is the lowest median price has been since February, 2013. 3-month median price of $497,500 in February was down just slightly from $521,000 in January but very slightly up from $486,000 in February of 2013.

Inventory of 26 in February was up 18.2% from 22 in January but down 33.3% from 39 in February of 2013. New listings of 8 in February were up considerably from 1 in January and way up from 2 in February of 2013. Months of supply of 5.6 in February was up modestly from 4.9 in January but down considerably from 10.4 in February of 2013.

Days on market of 182 in February was way up from 133 in January and up just slightly from 179 in February of 2013. This is the highest days on market has been since April, 2013.

Condos

Unit sales in February were 2, unchanged from the same month last year. This is the lowest unit sales have been since 1 in January, 2013. Sales/list price ratio in February moved down to 95.8% from 97.5% in January.

Median price in February was $578,750. This is up 20.6% from $480,000 in February of 2013. This is the highest median price has been since May, 2013. 3-month median price of $442,000 in February was up just slightly from $433,000 in January but way down from $675,000 in February of 2013.

Inventory of 17 in February was up 6.3% from 16 in January but down 59.5% from 42 in February of 2013. New listings of 3 in February were up from 0 in January but way down from 12 in February of 2013. Months of supply of 3 in February was very slightly up from 2.9 in January but down substantially from 11 in February of 2013.

Days on market of 226 in February was way up from 168 in January but down considerably from 308 in February of 2013. This is the highest days on market has been since February, 2013.

Coops

There were 1 unit sales in February. This is down 50.0% from 2 in February of 2013. Sales/list price ratio in February moved up to 93.4% from 89.3% in January.

Median price in February was $84,000. This is down 28.5% from $117,500 in February of 2013. 3-month median price of $142,000 in February was down modestly from $159,500 in January but up considerably from $117,500 in February of 2013.

Inventory of 15 in February was up 25.0% from 12 in January and up 15.4% from 13 in February of 2013. New listings of 6 in February were up considerably from 2 in January and way up from 2 in February of 2013. Months of supply of 9 in February was up moderately from 6.8 in January and up considerably from 6.9 in February of 2013.

Days on market of 453 in February was way up from 132 in January and up substantially from 212 in February of 2013.

Tarrytown Real Estate Agent, Tarrytown Buyers Agent

Christopher Pagli - www.WestchesterCountyRealEstateMarket.com

Accredited Buyer Representative

Licensed Real Estate Associate Broker

William Raveis Legends Realty Group

914.332.6300 office

914.406.9023 cell

chris@LegendsRealtyGroup.net

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