How’s the Market in Yorktown NY Neighborhood?
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
How’s the Market in Yorktown NY Neighborhood?The real estate market in Yorktown, NY, is showing signs of cooling down as of August 2024. Home prices have experienced a slight decline, with the median list price for homes now at $542,000, a 1% decrease from the previous month and the same time last year. The price per square foot has also dropped by about 3% year-over-year.Homes are spending more time on the market, with the median days on market increasing to 59 days, indicating a slower pace in sales. Despite these trends, the market remains competitive, with many homes still selling for above the asking price, particularly those that are well-maintained and in desirable locations.Inventory remains tight, with only a modest number of homes available for sale, contributing to continued ...
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