Is Scarsdale, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scarsdale is a buyer's market

Buyer's
Market

Difference Since May 2021

Since last year, Scarsdale has remained a Buyer's Market.

Key Takeaway

Scarsdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Scarsdale, NY cost?

Median Sold Price

$1,752,500

$510/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$157,500(+9.9%)

Key Takeaway

Homes in Scarsdale have sold for 9.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $472.5K$328.5K
-30.5%
2 $1.4M$929K
-33.6%
3 $902.5K$975.5K
+8.1%
4 $1.3M$1.5M
+12.7%
5+ $1.9M$2.4M
+24.4%

Median Sold Price Compared To Nearby Cities

Scarsdale
+9.9%
New Rochelle
+8.7%
Eastchester
+2.6%
White Plains
-1.7%
Hartsdale
-15.0%

How many homes are available in Scarsdale, NY?

Number of Homes For Sale

Apr 2022May 2022%
188219+16.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 10
-100.0%
2 11
0.0%
3 1925
+31.6%
4 5354
+1.9%
5+ 114139
+21.9%

Number of Homes Sold

Apr 2022May 2022%
2427+12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scarsdale, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
59 Days27 Days-53.5%

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Scarsdale are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Scarsdale, NY

Number of homes for sale in Scarsdale, NY real estate market have reached 219. In May 2022 in Scarsdale, NY there were 16.5% more homes for sale than in April 2022. The median list price of listings available in May 2022 was $1,752,500, while the average time on the real estate market was 27 days. Real estate listing prices changed between April 2022 and May 2022: prices of 1 bedroom properties went down by 30.5%, prices of 2 bedrooms properties went down by 33.6%, prices of 3 bedrooms properties went up by 8.1%, prices of 4 bedrooms properties went up by 12.7%, 5 bedrooms properties prices increased by 24.4%. Volume of homes for sale changed: the quantity of 1 bedroom homes went down by 100%, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes increased by 31.6%, number of 4 bedrooms homes increased by 1.9%, 5 bedrooms homes became 21.9% more available. In May 2022 more than 18 listings in Scarsdale, NY were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 5 were sold below.

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