Is Mamaroneck, 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, Mamaroneck has remained a Buyer's Market.
Housing Prices in Mamaroneck, NY
How much do homes in Mamaroneck, NY cost?
Median Sold Price
$744,500
$446/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mamaroneck was $744,500 in April 2024, down 3.3% from last year, and the median price per square foot was $446.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $205K | -14.6% |
2 Bedrooms | $436K | $465K | +6.7% |
3 Bedrooms | $756.2K | $775K | +2.5% |
4 Bedrooms | $1.1M | $1.2M | +7.4% |
5+ Bedrooms | $1.2M | $1.7M | +42.3% |
Summary: Mamaroneck housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.6%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 42.3%.
Housing Supply in Mamaroneck, NY
How many homes are available in Mamaroneck, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 84 | +21.7% |
Summary: The Mamaroneck real estate market had 84 homes for sale in April 2024, a 21.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 9 | -10.0% |
2 Bedrooms | 16 | 17 | +6.3% |
3 Bedrooms | 16 | 15 | -6.3% |
4 Bedrooms | 16 | 25 | +56.3% |
5+ Bedrooms | 11 | 18 | +63.6% |
Summary: The Mamaroneck housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 56.3%, and 5+ bedroom homes increased by 63.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 6 | -45.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Mamaroneck in April 2024, down by 45.5% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Mamaroneck, NY
How long does it take to sell a home in Mamaroneck, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
94 Days | 60 Days | -35.5% |
Summary: Homes in Mamaroneck had an average of 60 days on market in Apr 2024, down by 35.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Mamaroneck; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.