Is Briarcliff Manor, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Briarcliff Manor is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Briarcliff Manor has remained a Seller's Market.

Key Takeaway

Briarcliff Manor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Briarcliff Manor, NY

How much do homes in Briarcliff Manor, NY cost?

Median Sold Price

$892,500

$358/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,500(-0.3%)

Key Takeaway

The sold price of homes in Briarcliff Manor has remained the same since last year.

Summary: The median home sold price in Briarcliff Manor was $892,500 in November 2024, down 0.3% from last year, and the median price per square foot was $358.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $377K$403.1K
+6.9%
2 $589K$640K
+8.7%
3 $852.5K$850K
-0.3%
4 $930K$1.2M
+37.1%
5+ $1.3M$1.5M
+15.0%

Summary: Briarcliff Manor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 37.1%, and 5+ bedroom homes increased by 15%.

Median Sold Price Compared To Nearby Cities

Ossining
+15.0%
Mount Pleasant
+8.0%
Briarcliff Manor
-0.3%

Housing Supply in Briarcliff Manor, NY

How many homes are available in Briarcliff Manor, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4233-21.4%

Summary: The Briarcliff Manor real estate market had 33 homes for sale in November 2024, a 21.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 108
-20.0%
3 108
-20.0%
4 108
-20.0%
5+ 96
-33.3%

Summary: The Briarcliff Manor housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
610+66.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Briarcliff Manor, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Briarcliff Manor in November 2024, up by 66.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 10% were sold at asking, and 40% 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

Nov 2023Nov 2024CHANGE
54 Days58 Days+8.9%

Summary: Homes in Briarcliff Manor had an average of 58 days on market in Nov 2024, up by 8.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Briarcliff Manor has remained consistent over time.

Summary: During November 2024, 10 homes were sold in Briarcliff Manor; 10% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Briarcliff Manor, NY

Nearby Markets to Briarcliff Manor, NY

What housing markets are near Briarcliff Manor, NY?