Real Estate Market Update for
10598 (Yorktown Heights, NY)
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 2% from one year earlier, and up 7% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 420-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 10%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 340-thousand dollars. The number of units sold decreased 5% year-over-year, and decreased 28% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.