Is Tuxedo, 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, Tuxedo was a Seller's Market.
Housing Prices in Tuxedo, NY
How much do homes in Tuxedo, NY cost?
Median Sold Price
$665,000
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Tuxedo was $665,000 in March 2024, up 9% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $182.5K | $200K | +9.6% |
2 Bedrooms | $248K | $305K | +23.0% |
3 Bedrooms | $610K | $435K | -28.7% |
4 Bedrooms | $832.5K | $875K | +5.1% |
5+ Bedrooms | $1.2M | $1.8M | +55.8% |
Summary: Tuxedo housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes increased by 23%, 3 bedroom homes decreased by 28.7%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 55.8%.
Median Sold Price Compared To Nearby Cities
Sloatsburg | $408K | $501K | +22.8% |
Tuxedo Park | $644.5K | $727K | +12.8% |
Tuxedo | $610K | $665K | +9.0% |
Woodbury | $631.5K | $680K | +7.7% |
Housing Supply in Tuxedo, NY
How many homes are available in Tuxedo, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 27 | -10.0% |
Summary: The Tuxedo real estate market had 27 homes for sale in March 2024, a 10.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The Tuxedo housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Tuxedo in March 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Tuxedo, NY
How long does it take to sell a home in Tuxedo, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
97 Days | 62 Days | -36.6% |
Summary: Homes in Tuxedo had an average of 62 days on market in Mar 2024, down by 36.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 1 homes were sold in Tuxedo; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.