Is Pound Ridge, 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, Pound Ridge was a Seller's Market.
Housing Prices in Pound Ridge, NY
How much do homes in Pound Ridge, NY cost?
Median Sold Price
$1,140,000
$372/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pound Ridge was $1,140,000 in April 2024, down 5% from last year, and the median price per square foot was $372.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $325K | - | N/A |
2 Bedrooms | $537K | $888.8K | +65.5% |
3 Bedrooms | $1.1M | $1.0M | -13.0% |
4 Bedrooms | $1.2M | $1.1M | -5.0% |
5+ Bedrooms | $2.0M | $1.6M | -19.3% |
Summary: Pound Ridge 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 65.5%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 19.3%.
Median Sold Price Compared To Nearby Cities
South Salem | $695K | $821K | +18.1% |
New Canaan | $1.6M | $1.8M | +13.0% |
Lewisboro | $750K | $847K | +12.9% |
Pound Ridge | $1.2M | $1.1M | -5.0% |
Housing Supply in Pound Ridge, NY
How many homes are available in Pound Ridge, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 28 | +40.0% |
Summary: The Pound Ridge real estate market had 28 homes for sale in April 2024, a 40.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Pound Ridge 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 60%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Pound Ridge in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pound Ridge, NY
How long does it take to sell a home in Pound Ridge, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
81 Days | 49 Days | -39.9% |
Summary: Homes in Pound Ridge had an average of 49 days on market in Apr 2024, down by 39.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Pound Ridge; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.