Is Armonk, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Armonk was a Buyer's Market.
Housing Prices in Armonk, NY
How much do homes in Armonk, NY cost?
Median Sold Price
$1,475,000
$454/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Armonk was $1,475,000 in June 2024, up 1.7% from last year, and the median price per square foot was $454.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $470K | $525K | +11.7% |
2 Bedrooms | $609.5K | $1.3M | +113.3% |
3 Bedrooms | $1.1M | $1.0M | -16.2% |
4 Bedrooms | $1.5M | $1.5M | -0.2% |
5+ Bedrooms | $2.3M | $2.9M | +23.8% |
Summary: Armonk housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 113.3%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 23.8%.
Median Sold Price Compared To Nearby Cities
North Castle | $1.2M | $1.4M | +9.9% |
Chappaqua | $1.2M | $1.3M | +8.1% |
Mount Pleasant | $775K | $829K | +7.0% |
New Castle | $1.1M | $1.2M | +2.0% |
Armonk | $1.4M | $1.4M | +1.7% |
Housing Supply in Armonk, NY
How many homes are available in Armonk, NY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
67 | 66 | -1.5% |
Summary: The Armonk real estate market had 66 homes for sale in June 2024, a 1.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 28 | 27 | -3.6% |
5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The Armonk housing inventory by bedroom type for June 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 decreased by 3.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Armonk in June 2024, up by 10.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 0% were sold at asking, and 55% were sold over asking.
Days on Market for Armonk, NY
How long does it take to sell a home in Armonk, NY?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
28 Days | 65 Days | +129.7% |
Summary: Homes in Armonk had an average of 65 days on market in Jun 2024, up by 129.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During June 2024, 11 homes were sold in Armonk; 55% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.