Is Scarsdale, 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, Scarsdale has remained a Buyer's Market.
Housing Prices in Scarsdale, NY
How much do homes in Scarsdale, NY cost?
Median Sold Price
$1,300,000
$483/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Scarsdale was $1,300,000 in April 2024, up 16.4% from last year, and the median price per square foot was $483.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $192.7K | $202K | +4.8% |
2 Bedrooms | $343.1K | $398.4K | +16.1% |
3 Bedrooms | $865K | $999.4K | +15.5% |
4 Bedrooms | $1.3M | $1.3M | +1.1% |
5+ Bedrooms | $2.3M | $2.2M | -1.7% |
Summary: Scarsdale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Cities
Scarsdale | $1.1M | $1.3M | +16.4% |
New Rochelle | $685.6K | $751K | +9.5% |
White Plains | $549.3K | $593.9K | +8.1% |
Harrison | $1.3M | $1.2M | -3.2% |
Hartsdale | $395K | $355K | -10.1% |
Housing Supply in Scarsdale, NY
How many homes are available in Scarsdale, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
210 | 250 | +19.0% |
Summary: The Scarsdale real estate market had 250 homes for sale in April 2024, a 19.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 24 | 23 | -4.2% |
2 Bedrooms | 17 | 26 | +52.9% |
3 Bedrooms | 29 | 40 | +37.9% |
4 Bedrooms | 44 | 48 | +9.1% |
5+ Bedrooms | 96 | 113 | +17.7% |
Summary: The Scarsdale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 52.9%, 3 bedroom homes increased by 37.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 17.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 35 | +59.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Scarsdale in April 2024, up by 59.1% month-over-month. Of the 35 sold homes, 34% were sold under asking, 20% were sold at asking, and 46% were sold over asking.
Days on Market for Scarsdale, NY
How long does it take to sell a home in Scarsdale, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
66 Days | 46 Days | -30.6% |
Summary: Homes in Scarsdale had an average of 46 days on market in Apr 2024, down by 30.6% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in Scarsdale; 63% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.