Is Garrison, 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, Garrison was a Neutral Market.
Housing Prices in Garrison, NY
How much do homes in Garrison, NY cost?
Median Sold Price
$632,500
$321/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Garrison was $632,500 in April 2024, down 4.1% from last year, and the median price per square foot was $321.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $377.5K | - | N/A |
2 Bedrooms | $495K | $635K | +28.3% |
3 Bedrooms | $675K | $611.5K | -9.4% |
4 Bedrooms | $759.5K | $622.5K | -18.0% |
5+ Bedrooms | $972.5K | $905K | -6.9% |
Summary: Garrison 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 28.3%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 18%, and 5+ bedroom homes decreased by 6.9%.
Median Sold Price Compared To Nearby Cities
Cortlandt Manor | $543.3K | $600K | +10.4% |
Highlands | $376K | $409K | +8.8% |
Lake Peekskill | $375K | $380K | +1.3% |
Philipstown | $650K | $630K | -3.1% |
Garrison | $659.5K | $632.5K | -4.1% |
Housing Supply in Garrison, NY
How many homes are available in Garrison, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 29 | +38.1% |
Summary: The Garrison real estate market had 29 homes for sale in April 2024, a 38.1% 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 | 5 | 7 | +40.0% |
3 Bedrooms | 8 | 12 | +50.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Garrison 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 40%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Garrison in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Garrison, NY
How long does it take to sell a home in Garrison, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 28 Days | +82.8% |
Summary: Homes in Garrison had an average of 28 days on market in Apr 2024, up by 82.8% compared to last year.
Breakdown of Home Sale Times
2 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, 3 homes were sold in Garrison; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.