Is Briarcliff Manor, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Briarcliff Manor is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Briarcliff Manor has remained a Seller's Market.

Key Takeaway

Briarcliff Manor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Briarcliff Manor, NY

How much do homes in Briarcliff Manor, NY cost?

Median Sold Price

$908,000

$346/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$23,137(+2.6%)

Key Takeaway

Homes in Briarcliff Manor have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Briarcliff Manor was $908,000 in March 2024, up 2.6% from last year, and the median price per square foot was $346.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $355K$289.5K
-18.5%
2 $499.5K$595K
+19.1%
3 $845K$870K
+3.0%
4 $935K$945K
+1.1%
5+ $1.3M$1.5M
+9.1%

Summary: Briarcliff Manor housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.5%, 2 bedroom homes increased by 19.1%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 9.1%.

Median Sold Price Compared To Nearby Cities

Ossining
+6.5%
Mount Pleasant
+6.5%
Briarcliff Manor
+2.6%

Housing Supply in Briarcliff Manor, NY

How many homes are available in Briarcliff Manor, NY?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3334+3.0%

Summary: The Briarcliff Manor real estate market had 34 homes for sale in March 2024, a 3.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 44
0.0%
3 1215
+25.0%
4 118
-27.3%
5+ 44
0.0%

Summary: The Briarcliff Manor housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Briarcliff Manor, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Briarcliff Manor in March 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.

Days on Market for Briarcliff Manor, NY

How long does it take to sell a home in Briarcliff Manor, NY?

Average Sale Time

Mar 2023Mar 2024CHANGE
96 Days36 Days-61.8%

Summary: Homes in Briarcliff Manor had an average of 36 days on market in Mar 2024, down by 61.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Briarcliff Manor are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 8 homes were sold in Briarcliff Manor; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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