Is Briarcliff Manor, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Briarcliff Manor was a Buyer's Market.
Housing Prices in Briarcliff Manor, NY
How much do homes in Briarcliff Manor, NY cost?
Median Sold Price
$916,000
$351/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Briarcliff Manor was $916,000 in May 2024, up 9.7% from last year, and the median price per square foot was $351.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $355K | $400K | +12.7% |
2 Bedrooms | $582.5K | $645K | +10.7% |
3 Bedrooms | $798.5K | $882K | +10.5% |
4 Bedrooms | $875K | $1.0M | +19.4% |
5+ Bedrooms | $1.3M | $1.4M | +9.3% |
Summary: Briarcliff Manor housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Cities
Briarcliff Manor | $835K | $916K | +9.7% |
Mount Pleasant | $761.7K | $829K | +8.8% |
Ossining | $511.6K | $540K | +5.5% |
Housing Supply in Briarcliff Manor, NY
How many homes are available in Briarcliff Manor, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 48 | +26.3% |
Summary: The Briarcliff Manor real estate market had 48 homes for sale in May 2024, a 26.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 16 | 19 | +18.8% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 7 | 11 | +57.1% |
Summary: The Briarcliff Manor housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 11 | +175.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Briarcliff Manor in May 2024, up by 175.0% month-over-month. Of the 11 sold homes, 9% were sold under asking, 9% were sold at asking, and 82% were sold over asking.
Days on Market for Briarcliff Manor, NY
How long does it take to sell a home in Briarcliff Manor, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 47 Days | +107.9% |
Summary: Homes in Briarcliff Manor had an average of 47 days on market in May 2024, up by 107.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Briarcliff Manor; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.