Is Greenburgh, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Greenburgh has remained a Neutral Market.
Housing Prices in Greenburgh, NY
How much do homes in Greenburgh, NY cost?
Median Sold Price
$730,000
$392/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Greenburgh was $730,000 in April 2024, up 10.1% from last year, and the median price per square foot was $392.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $210K | +7.7% |
2 Bedrooms | $420K | $469K | +11.7% |
3 Bedrooms | $700.8K | $743.7K | +6.1% |
4 Bedrooms | $894.3K | $1.0M | +13.9% |
5+ Bedrooms | $1.2M | $1.4M | +12.1% |
Summary: Greenburgh housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes increased by 12.1%.
Housing Supply in Greenburgh, NY
How many homes are available in Greenburgh, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
387 | 460 | +18.9% |
Summary: The Greenburgh real estate market had 460 homes for sale in April 2024, a 18.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 48 | 69 | +43.8% |
2 Bedrooms | 92 | 110 | +19.6% |
3 Bedrooms | 108 | 124 | +14.8% |
4 Bedrooms | 82 | 86 | +4.9% |
5+ Bedrooms | 57 | 71 | +24.6% |
Summary: The Greenburgh housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 43.8%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 24.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 73 | +58.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Summary: A total of 73 homes were sold or pending in Greenburgh in April 2024, up by 58.7% month-over-month. Of the 73 sold homes, 27% were sold under asking, 19% were sold at asking, and 53% were sold over asking.
Days on Market for Greenburgh, NY
How long does it take to sell a home in Greenburgh, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 47 Days | -32.4% |
Summary: Homes in Greenburgh had an average of 47 days on market in Apr 2024, down by 32.4% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 73 homes were sold in Greenburgh; 68% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.