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 buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Briarcliff Manor was a Seller's Market.

Key Takeaway

Briarcliff Manor is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Briarcliff Manor, NY

How much do homes in Briarcliff Manor, NY cost?

Median Sold Price

$900,000

$360/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,000(+2.0%)

Key Takeaway

Homes in Briarcliff Manor have sold for 2% more than they did a year ago.

Summary: The median home sold price in Briarcliff Manor was $900,000 in October 2024, up 2% from last year, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $365K$400K
+9.6%
2 $589K$595K
+1.0%
3 $852.5K$850K
-0.3%
4 $895K$1.2M
+39.1%
5+ $1.4M$1.8M
+28.9%

Summary: Briarcliff Manor housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes increased by 1%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 39.1%, and 5+ bedroom homes increased by 28.9%.

Median Sold Price Compared To Nearby Cities

Mount Pleasant
+9.2%
Ossining
+8.5%
Briarcliff Manor
+2.0%

Housing Supply in Briarcliff Manor, NY

How many homes are available in Briarcliff Manor, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4745-4.3%

Summary: The Briarcliff Manor real estate market had 45 homes for sale in October 2024, a 4.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 03
+100.0%
2 1012
+20.0%
3 1210
-16.7%
4 1612
-25.0%
5+ 98
-11.1%

Summary: The Briarcliff Manor housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
106-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Briarcliff Manor, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Briarcliff Manor in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% 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

Oct 2023Oct 2024CHANGE
16 Days24 Days+47.8%

Summary: Homes in Briarcliff Manor had an average of 24 days on market in Oct 2024, up by 47.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Briarcliff Manor are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Briarcliff Manor; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

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