Is Garrison, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Garrison was a Seller's Market.
Housing Prices in Garrison, NY
How much do homes in Garrison, NY cost?
Median Sold Price
$645,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Garrison was $645,000 in May 2024, down 0.8% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $377.5K | - | N/A |
2 Bedrooms | $500K | $672.5K | +34.5% |
3 Bedrooms | $662.5K | $613K | -7.5% |
4 Bedrooms | $644.5K | $646.2K | 0.3% |
5+ Bedrooms | $848.7K | $2.5M | +205.9% |
Summary: Garrison housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.5%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 205.9%.
Median Sold Price Compared To Nearby Cities
Highlands | $375.5K | $420K | +11.9% |
Cortlandt Manor | $537.9K | $580K | +7.8% |
Lake Peekskill | $372.5K | $380K | +2.0% |
Garrison | $650K | $645K | -0.8% |
Philipstown | $649.5K | $635K | -2.2% |
Housing Supply in Garrison, NY
How many homes are available in Garrison, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 27 | 0.0% |
Summary: The Garrison real estate market had 27 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Garrison housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Garrison in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Garrison, NY
How long does it take to sell a home in Garrison, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
51 Days | 95 Days | +85.5% |
Summary: Homes in Garrison had an average of 95 days on market in May 2024, up by 85.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Garrison; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.