Is Scarsdale, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Scarsdale was a Neutral Market.
Housing Prices in Scarsdale, NY
How much do homes in Scarsdale, NY cost?
Median Sold Price
$1,266,625
$481/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Scarsdale was $1,266,625 in March 2024, up 11.8% from last year, and the median price per square foot was $481.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $200K | +2.6% |
2 Bedrooms | $346.2K | $393.5K | +13.6% |
3 Bedrooms | $865K | $999K | +15.5% |
4 Bedrooms | $1.3M | $1.3M | +0.6% |
5+ Bedrooms | $2.3M | $2.3M | -2.1% |
Summary: Scarsdale housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 2.1%.
Median Sold Price Compared To Nearby Cities
Scarsdale | $1.1M | $1.2M | +11.8% |
New Rochelle | $699.2K | $724.8K | +3.7% |
White Plains | $552.5K | $572K | +3.5% |
Harrison | $1.3M | $1.2M | -5.9% |
Hartsdale | $416.5K | $345K | -17.2% |
Housing Supply in Scarsdale, NY
How many homes are available in Scarsdale, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
163 | 214 | +31.3% |
Summary: The Scarsdale real estate market had 214 homes for sale in March 2024, a 31.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 24 | +4.3% |
2 Bedrooms | 16 | 18 | +12.5% |
3 Bedrooms | 23 | 30 | +30.4% |
4 Bedrooms | 28 | 46 | +64.3% |
5+ Bedrooms | 73 | 96 | +31.5% |
Summary: The Scarsdale housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 30.4%, 4 bedroom homes increased by 64.3%, and 5+ bedroom homes increased by 31.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 22 | +29.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Scarsdale in March 2024, up by 29.4% month-over-month. Of the 22 sold homes, 27% were sold under asking, 14% were sold at asking, and 59% were sold over asking.
Days on Market for Scarsdale, NY
How long does it take to sell a home in Scarsdale, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
114 Days | 43 Days | -61.8% |
Summary: Homes in Scarsdale had an average of 43 days on market in Mar 2024, down by 61.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in Scarsdale; 64% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.