Is Katonah, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Katonah was a Buyer's Market.
Housing Prices in Katonah, NY
How much do homes in Katonah, NY cost?
Median Sold Price
$880,000
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Katonah was $880,000 in April 2024, down 4.9% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $499K | $500K | 0.2% |
2 Bedrooms | $525K | $597K | +13.7% |
3 Bedrooms | $750K | $790K | +5.3% |
4 Bedrooms | $960K | $1.1M | +16.9% |
5+ Bedrooms | $1.5M | $1.1M | -24.5% |
Summary: Katonah housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes decreased by 24.5%.
Housing Supply in Katonah, NY
How many homes are available in Katonah, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
44 | 55 | +25.0% |
Summary: The Katonah real estate market had 55 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 18 | 26 | +44.4% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Katonah housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Katonah in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.
Days on Market for Katonah, NY
How long does it take to sell a home in Katonah, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
151 Days | 43 Days | -71.1% |
Summary: Homes in Katonah had an average of 43 days on market in Apr 2024, down by 71.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Katonah; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.