Is Elmsford, 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, Elmsford has remained a Seller's Market.
Housing Prices in Elmsford, NY
How much do homes in Elmsford, NY cost?
Median Sold Price
$589,000
$390/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Elmsford was $589,000 in April 2024, up 2.4% from last year, and the median price per square foot was $390.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $420.1K | $435K | +3.5% |
3 Bedrooms | $599K | $550K | -8.2% |
4 Bedrooms | $600K | $660K | +10.0% |
5+ Bedrooms | $679.6K | $872.1K | +28.3% |
Summary: Elmsford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 28.3%.
Median Sold Price Compared To Nearby Cities
Greenburgh | $662.8K | $730K | +10.1% |
Elmsford | $575K | $589K | +2.4% |
Housing Supply in Elmsford, NY
How many homes are available in Elmsford, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 22 | +15.8% |
Summary: The Elmsford real estate market had 22 homes for sale in April 2024, a 15.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Elmsford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Elmsford in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Elmsford, NY
How long does it take to sell a home in Elmsford, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
103 Days | 22 Days | -78.6% |
Summary: Homes in Elmsford had an average of 22 days on market in Apr 2024, down by 78.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Elmsford; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.