Is North Castle, 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, 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
$1,400,000
$426/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in North Castle was $1,400,000 in March 2024, up 6.7% from last year, and the median price per square foot was $426.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $470K | $525K | +11.7% |
2 Bedrooms | $575K | $689.5K | +19.9% |
3 Bedrooms | $1.0M | $1.0M | -5.7% |
4 Bedrooms | $1.5M | $1.4M | -5.4% |
5+ Bedrooms | $2.3M | $2.7M | +16.4% |
Summary: North Castle housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 19.9%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 16.4%.
Median Sold Price Compared To Nearby Cities
North Castle | $1.3M | $1.4M | +6.7% |
Mount Pleasant | $769.9K | $819.9K | +6.5% |
Chappaqua | $1.3M | $1.2M | -1.0% |
Armonk | $1.4M | $1.4M | -1.7% |
Rye Brook | $995K | $885K | -11.1% |
Housing Supply in North Castle, NY
How many homes are available in North Castle, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 55 | +12.2% |
Summary: The North Castle real estate market had 55 homes for sale in March 2024, a 12.2% 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 | 7 | 0.0% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 22 | 21 | -4.5% |
5+ Bedrooms | 11 | 17 | +54.5% |
Summary: The North Castle 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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 54.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in North Castle in March 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
164 Days | 80 Days | -50.9% |
Summary: Homes in North Castle had an average of 80 days on market in Mar 2024, down by 50.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in North Castle; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.