Is Philipstown, 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, Philipstown was a Seller's Market.
Housing Prices in Philipstown, NY
How much do homes in Philipstown, NY cost?
Median Sold Price
$630,000
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Philipstown was $630,000 in April 2024, down 3.1% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $305K | $415K | +36.1% |
2 Bedrooms | $560K | $432.5K | -22.8% |
3 Bedrooms | $650K | $625K | -3.8% |
4 Bedrooms | $870K | $646.2K | -25.7% |
5+ Bedrooms | $972.5K | $900K | -7.5% |
Summary: Philipstown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.1%, 2 bedroom homes decreased by 22.8%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 25.7%, and 5+ bedroom homes decreased by 7.5%.
Median Sold Price Compared To Nearby Cities
Cold Spring | $625K | $625K | 0.0% |
Philipstown | $650K | $630K | -3.1% |
Garrison | $659.5K | $632.5K | -4.1% |
Housing Supply in Philipstown, NY
How many homes are available in Philipstown, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 49 | +32.4% |
Summary: The Philipstown real estate market had 49 homes for sale in April 2024, a 32.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 15 | 22 | +46.7% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Philipstown 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 44.4%, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Philipstown in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Philipstown, NY
How long does it take to sell a home in Philipstown, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 27 Days | -61.5% |
Summary: Homes in Philipstown had an average of 27 days on market in Apr 2024, down by 61.5% 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 Philipstown; 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.