Is West Nyack, 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, West Nyack has remained a Seller's Market.
Housing Prices in West Nyack, NY
How much do homes in West Nyack, NY cost?
Median Sold Price
$652,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in West Nyack was $652,000 in March 2024, down 1.4% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $270K | N/A |
2 Bedrooms | $470K | $375K | -20.2% |
3 Bedrooms | $561.2K | $585.5K | +4.3% |
4 Bedrooms | $620K | $717K | +15.6% |
5+ Bedrooms | $780K | $780K | 0.0% |
Summary: West Nyack housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Orangetown | $590K | $636.7K | +7.9% |
Nanuet | $520K | $551K | +6.0% |
Clarkstown | $590.9K | $624.3K | +5.6% |
West Nyack | $661K | $652K | -1.4% |
Housing Supply in West Nyack, NY
How many homes are available in West Nyack, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Summary: The West Nyack real estate market had 19 homes for sale in March 2024, a 18.8% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The West Nyack 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 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in West Nyack in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% were sold over asking.
Days on Market for West Nyack, NY
How long does it take to sell a home in West Nyack, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 24 Days | -59.2% |
Summary: Homes in West Nyack had an average of 24 days on market in Mar 2024, down by 59.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in West Nyack; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.