Is Lake Peekskill, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lake Peekskill has remained a Seller's Market.
Housing Prices in Lake Peekskill, NY
How much do homes in Lake Peekskill, NY cost?
Median Sold Price
$377,500
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lake Peekskill was $377,500 in March 2024, up 2.7% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $360K | +56.5% |
2 Bedrooms | $347.5K | $362.5K | +4.3% |
3 Bedrooms | $400.2K | $394.9K | -1.3% |
4 Bedrooms | $391.2K | $555.5K | +42.0% |
5+ Bedrooms | - | - | N/A |
Summary: Lake Peekskill housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 56.5%, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 42%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Cortlandt | $545K | $610K | +11.9% |
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 Lake Peekskill, NY
How many homes are available in Lake Peekskill, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Summary: The Lake Peekskill real estate market had 17 homes for sale in March 2024, a 13.3% 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 | 7 | 9 | +28.6% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lake Peekskill 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 28.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lake Peekskill in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Lake Peekskill, NY
How long does it take to sell a home in Lake Peekskill, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
107 Days | 45 Days | -57.8% |
Summary: Homes in Lake Peekskill had an average of 45 days on market in Mar 2024, down by 57.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Lake Peekskill; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.