Is Cortlandt Manor, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Cortlandt Manor was a Seller's Market.
Housing Prices in Cortlandt Manor, NY
How much do homes in Cortlandt Manor, NY cost?
Median Sold Price
$600,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cortlandt Manor was $600,000 in April 2024, up 10.4% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $277.5K | $125K | -55.0% |
2 Bedrooms | $415K | $415K | 0.0% |
3 Bedrooms | $520K | $567.5K | +9.1% |
4 Bedrooms | $677K | $728K | +7.5% |
5+ Bedrooms | $662.5K | $780K | +17.7% |
Summary: Cortlandt Manor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 55%, 2 bedroom homes did not change, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 17.7%.
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% |
Lake Peekskill | $375K | $380K | +1.3% |
Mohegan Lake | $462.5K | $440K | -4.9% |
Housing Supply in Cortlandt Manor, NY
How many homes are available in Cortlandt Manor, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 104 | +25.3% |
Summary: The Cortlandt Manor real estate market had 104 homes for sale in April 2024, a 25.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 2 | -50.0% |
2 Bedrooms | 20 | 29 | +45.0% |
3 Bedrooms | 29 | 38 | +31.0% |
4 Bedrooms | 27 | 28 | +3.7% |
5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Cortlandt Manor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 45%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Cortlandt Manor in April 2024, up by 15.4% month-over-month. Of the 15 sold homes, 33% were sold under asking, 13% were sold at asking, and 53% were sold over asking.
Days on Market for Cortlandt Manor, NY
How long does it take to sell a home in Cortlandt Manor, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 54 Days | +20.7% |
Summary: Homes in Cortlandt Manor had an average of 54 days on market in Apr 2024, up by 20.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Cortlandt Manor; 60% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.