Is North Castle, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, North Castle has remained a Buyer's Market.
Housing Prices in North Castle, NY
How much do homes in North Castle, NY cost?
Median Sold Price
$1,412,000
$452/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in North Castle was $1,412,000 in June 2024, up 9.9% from last year, and the median price per square foot was $452.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $470K | $525K | +11.7% |
2 Bedrooms | $624.4K | $895K | +43.3% |
3 Bedrooms | $1.0M | $970K | -10.8% |
4 Bedrooms | $1.4M | $1.5M | +5.9% |
5+ Bedrooms | $2.3M | $2.8M | +22.5% |
Summary: North Castle housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 43.3%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 22.5%.
Median Sold Price Compared To Nearby Cities
North Castle | $1.2M | $1.4M | +9.9% |
Chappaqua | $1.2M | $1.3M | +8.1% |
Mount Pleasant | $775K | $829K | +7.0% |
Rye Brook | $912.7K | $952.5K | +4.4% |
Armonk | $1.4M | $1.4M | +1.7% |
Housing Supply in North Castle, NY
How many homes are available in North Castle, NY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
89 | 91 | +2.2% |
Summary: The North Castle real estate market had 91 homes for sale in June 2024, a 2.2% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 21 | 19 | -9.5% |
4 Bedrooms | 38 | 39 | +2.6% |
5+ Bedrooms | 23 | 25 | +8.7% |
Summary: The North Castle housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 8.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
16 | 11 | -31.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in North Castle in June 2024, down by 31.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 0% were sold at asking, and 55% were sold over asking.
Days on Market for North Castle, NY
How long does it take to sell a home in North Castle, NY?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
34 Days | 65 Days | +88.9% |
Summary: Homes in North Castle had an average of 65 days on market in Jun 2024, up by 88.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During June 2024, 11 homes were sold in North Castle; 55% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.