$10,000 Closing Credit*
$1,549,000
3,137 SqFt
6 Beds
•3 Full Baths, 2 Partial
Listing Office: Coldwell Banker Realty
Is Dobbs Ferry, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Dobbs Ferry has remained a Seller's Market.
Key Takeaway
Dobbs Ferry is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dobbs Ferry, NY
How much do homes in Dobbs Ferry, NY cost?
Median Sold Price
$979,500
$451/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$121,500(+14.2%)
Key Takeaway
Homes in Dobbs Ferry have sold for 14.2% more than they did a year ago.
Summary: The median home sold price in Dobbs Ferry was $979,500 in October 2024, up 14.2% from last year, and the median price per square foot was $451.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $396K | $255K | -35.6% |
| 2 Bedrooms | $576K | $475K | -17.5% |
| 3 Bedrooms | $858K | $936.2K | +9.1% |
| 4 Bedrooms | $925K | $1.3M | +42.4% |
| 5+ Bedrooms | $1.0M | $1.4M | +37.5% |
Summary: Dobbs Ferry housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.6%, 2 bedroom homes decreased by 17.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes increased by 37.5%.
Median Sold Price Compared To Nearby Cities
| Dobbs Ferry | $858K | $979.5K | +14.2% |
| Greenburgh | $688.2K | $762.1K | +10.7% |
| Hastings-on-Hudson | $888K | $962.5K | +8.4% |
| Ardsley | $829K | $890K | +7.4% |
| Irvington | $1.0M | $950K | -8.2% |
Housing Supply in Dobbs Ferry, NY
How many homes are available in Dobbs Ferry, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 42 | -8.7% |
Summary: The Dobbs Ferry real estate market had 42 homes for sale in October 2024, a 8.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The Dobbs Ferry housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dobbs Ferry, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Dobbs Ferry in October 2024, the same as the previous month. Of the 9 sold homes, 56% were sold under asking, 11% were sold at asking, and 33% were sold over asking.
Days on Market for Dobbs Ferry, NY
How long does it take to sell a home in Dobbs Ferry, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 33 Days | -0.3% |
Summary: Homes in Dobbs Ferry had an average of 33 days on market in Oct 2024, down by 0.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Dobbs Ferry are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Dobbs Ferry; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.