Is Yorkville, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Yorkville has remained a Buyer's Market.
Key Takeaway
Yorkville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Yorkville, NY
How much do homes in Yorkville, NY cost?
Median Sold Price
$1,103,333
$1,247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Yorkville have sold for 10.5% more than they did a year ago.
Summary: The median home sold price in Yorkville was $1,103,333 in November 2023, up 10.5% from last year, and the median price per square foot was $1,247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $671.8K | $660K | -1.8% |
| 2 Bedrooms | $1.2M | $1.2M | +5.0% |
| 3 Bedrooms | $2.1M | $2.0M | -2.9% |
| 4 Bedrooms | $3.1M | $3.8M | +21.7% |
| 5+ Bedrooms | $6.5M | $8.1M | +25.3% |
Summary: Yorkville housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 25.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Yorkville | $998.5K | $1.1M | +10.5% |
| Carnegie Hill | $2.0M | $2.2M | +6.9% |
| Upper East Side | $1.4M | $1.4M | +1.1% |
| Upper Manhattan | $1.2M | $1.2M | -1.4% |
Housing Supply in Yorkville, NY
How many homes are available in Yorkville, NY?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 398 | 377 | -5.3% |
Summary: The Yorkville real estate market had 377 homes for sale in November 2023, a 5.3% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 164 | 154 | -6.1% |
| 2 Bedrooms | 114 | 106 | -7.0% |
| 3 Bedrooms | 87 | 83 | -4.6% |
| 4 Bedrooms | 28 | 28 | 0.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Yorkville housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.1%, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 25 | 15 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yorkville, expect to pay close to the asking price. 80% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in Yorkville in November 2023, down by 40.0% month-over-month. Of the 15 sold homes, 20% were sold under asking, 80% were sold at asking, and 0% were sold over asking.
Days on Market for Yorkville, NY
How long does it take to sell a home in Yorkville, NY?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 174 Days | 119 Days | -31.8% |
Summary: Homes in Yorkville had an average of 119 days on market in Nov 2023, down by 31.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Yorkville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2023, 15 homes were sold in Yorkville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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