Is Cortlandt Manor, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Cortlandt Manor has remained a Seller's Market.
Housing Prices in Cortlandt Manor, NY
How much do homes in Cortlandt Manor, NY cost?
Median Sold Price
$600,000
$300/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Cortlandt Manor was $600,000 in June 2024, up 11.1% from last year, and the median price per square foot was $300.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $237.5K | $125K | -47.4% |
2 Bedrooms | $415K | $417.5K | +0.6% |
3 Bedrooms | $520K | $570K | +9.6% |
4 Bedrooms | $660K | $790K | +19.7% |
5+ Bedrooms | $650K | $780K | +20.0% |
Summary: Cortlandt Manor housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 47.4%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Cities
Cortlandt Manor | $540K | $600K | +11.1% |
Cortlandt | $549.8K | $600K | +9.1% |
Peekskill | $406K | $420K | +3.4% |
Mohegan Lake | $450K | $440K | -2.2% |
Housing Supply in Cortlandt Manor, NY
How many homes are available in Cortlandt Manor, NY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
106 | 104 | -1.9% |
Summary: The Cortlandt Manor real estate market had 104 homes for sale in June 2024, a 1.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 28 | 25 | -10.7% |
3 Bedrooms | 44 | 44 | 0.0% |
4 Bedrooms | 24 | 25 | +4.2% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Cortlandt Manor 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 decreased by 10.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
15 | 27 | +80.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Cortlandt Manor in June 2024, up by 80.0% month-over-month. Of the 27 sold homes, 22% were sold under asking, 19% were sold at asking, and 59% were sold over asking.
Days on Market for Cortlandt Manor, NY
How long does it take to sell a home in Cortlandt Manor, NY?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 22 Days | -17.2% |
Summary: Homes in Cortlandt Manor had an average of 22 days on market in Jun 2024, down by 17.2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 27 homes were sold in Cortlandt Manor; 85% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.