Is Garrison, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Garrison was a Neutral Market.
Housing Prices in Garrison, NY
How much do homes in Garrison, NY cost?
Median Sold Price
$635,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Garrison was $635,000 in March 2024, down 0.8% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $377.5K | - | N/A |
2 Bedrooms | $449K | $487.5K | +8.6% |
3 Bedrooms | $675K | $613K | -9.2% |
4 Bedrooms | $759.5K | $622.5K | -18.0% |
5+ Bedrooms | $730K | $1.2M | +73.3% |
Summary: Garrison housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 18%, and 5+ bedroom homes increased by 73.3%.
Median Sold Price Compared To Nearby Cities
Cortlandt Manor | $537.9K | $599.5K | +11.4% |
Lake Peekskill | $367.5K | $377.5K | +2.7% |
Garrison | $640K | $635K | -0.8% |
Philipstown | $650K | $625K | -3.8% |
Housing Supply in Garrison, NY
How many homes are available in Garrison, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 22 | +10.0% |
Summary: The Garrison real estate market had 22 homes for sale in March 2024, a 10.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Garrison housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Garrison in March 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
71 Days | 15 Days | -78.9% |
Summary: Homes in Garrison had an average of 15 days on market in Mar 2024, down by 78.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Garrison; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.