Is Cortlandt, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cortlandt has remained a Seller's Market.
Housing Prices in Cortlandt, NY
How much do homes in Cortlandt, NY cost?
Median Sold Price
$601,666
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cortlandt was $601,666 in April 2024, up 9.4% from last year, and the median price per square foot was $312.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $277.5K | $220K | -20.7% |
2 Bedrooms | $388K | $425K | +9.5% |
3 Bedrooms | $536.4K | $575K | +7.2% |
4 Bedrooms | $704K | $775K | +10.1% |
5+ Bedrooms | $715.5K | $780K | +9.0% |
Summary: Cortlandt housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.7%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 9%.
Median Sold Price Compared To Nearby Cities
Cortlandt Manor | $543.3K | $600K | +10.4% |
Cortlandt | $549.8K | $601.6K | +9.4% |
Peekskill | $401.6K | $416.5K | +3.7% |
Housing Supply in Cortlandt, NY
How many homes are available in Cortlandt, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
146 | 174 | +19.2% |
Summary: The Cortlandt real estate market had 174 homes for sale in April 2024, a 19.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 10 | -16.7% |
2 Bedrooms | 33 | 43 | +30.3% |
3 Bedrooms | 52 | 69 | +32.7% |
4 Bedrooms | 38 | 37 | -2.6% |
5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The Cortlandt housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 30.3%, 3 bedroom homes increased by 32.7%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 32 | +39.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Cortlandt in April 2024, up by 39.1% month-over-month. Of the 32 sold homes, 31% were sold under asking, 19% were sold at asking, and 50% were sold over asking.
Days on Market for Cortlandt, NY
How long does it take to sell a home in Cortlandt, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 45 Days | -14.5% |
Summary: Homes in Cortlandt had an average of 45 days on market in Apr 2024, down by 14.5% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Cortlandt; 63% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.