Bronxville NY Single Family Home Sale Statistics March 2015

Sales
There were 9 unit sales in March. This is up 28.6% from 7 in March of 2014. Sales/list price ratio in March moved down to 94.9% from 99.5% in February.

Prices
Median price in March was $865,000. This is down 24.8% from $1,150,000 in March of 2014. 3-month median price of $1,005,000 in March was up slightly from $950,000 in February but down moderately from $1,412,500 in March of 2014. Price per square foot in March was $506. This is down from $519 in February but up from $483 in March of 2014.

Inventory
Inventory of 95 in March was up 11.8% from 85 in February and up 8.0% from 88 in March of 2014. New listings of 35 in March were very slightly up from 34 in February but down slightly from 39 in March of 2014. Months of supply of 6.7 in March was up modestly from 6.1 in February and very slightly up from 6.6 in March of 2014. This is the highest months of supply has been since July, 2014.

Market Time
Days on market of 117 in March was way up from 83 in February but down moderately from 161 in March of 2014. This is the highest days on market has been since March, 2014.

Christopher Pagli

Westchester County Real Estate Consultant For “Buying & Selling” With The Property Brothers On HGTV

Accredited Buyer Representative

Real Estate Associate Broker

914.406.9023

chris@legendsrealtygroup.net

www.WestchesterCountyRealEstateMarket.com