Croton-on-Hudson Real Estate Market Statistics June 2014

Single Family Homes

Sales

There were 7 unit sales in May. This is up 40.0% from 5 in May of 2013. This is the highest unit sales have been since 8 in September, 2013. Sales/list price ratio in May moved up to 97.6% from 86.3% in April.

Prices

Median price in May was $440,000. This is up 33.3% from $330,000 in May of 2013. This is the lowest median price has been since December, 2013. 3-month median price of $527,500 in May was down moderately from $745,000 in April but up considerably from $400,000 in May of 2013.

Inventory

Inventory of 73 in May was up 7.4% from 68 in April and up 1.4% from 72 in May of 2013. New listings of 25 in May were down considerably from 35 in April but up slightly from 21 in May of 2013. Months of supply of 10.8 in May was up just slightly from 10.3 in April but down a little from 11.4 in May of 2013. This is the highest months of supply has been since June, 2013.

Market Time

Days on market of 95 in May was way down from 206 in April and down substantially from 216 in May of 2013. This is the lowest days on market has been since December, 2013.

Condos

Prices

3-month median price in May was $505,000.

Inventory

Inventory of 12 in May was up 50.0% from 8 in April but down 25.0% from 16 in May of 2013. New listings of 8 in May were way up from 2 in April and up substantially from 4 in May of 2013. Months of supply of 16 in May was up considerably from 10.7 in April and up slightly from 14.8 in May of 2013. This is the highest months of supply has been since November, 2012.

Coops

Sales

Unit sales in May were 2. Sales/list price ratio in May was 84.0%.

Prices

Median price in May was $52,500. 3-month median price of $75,500 in May was down a little from $88,000 in April but up substantially from $45,750 in May of 2013.

Inventory

Inventory of 13 in May was down 13.3% from 15 in April and down 7.1% from 14 in May of 2013. New listings of 1 in May were down substantially from 5 in April and way down from 2 in May of 2013. Months of supply of 14.2 in May was down considerably from 20 in April and down moderately from 18.7 in May of 2013.

Market Time

Days on market in May was 45.

Christopher Pagli - www.WestchesterCountyRealEstateMarket.com
Accredited Buyer Representative
Real Estate Associate Broker
William Raveis Legends Realty Group
914.406.9023

chris@legendsrealtygroup.net
mrwestchester.blogspot.com