$8,301 Closing Credit*
$699,000
7 Beds
•3 Full Baths
Listing Office: Compass Greater NY, LLC
Is Mamaroneck, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mamaroneck has remained a Seller's Market.
Key Takeaway
Mamaroneck is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mamaroneck, NY
How much do homes in Mamaroneck, NY cost?
Median Sold Price
$902,630
$488/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$197,130(+27.9%)
Key Takeaway
Homes in Mamaroneck have sold for 27.9% more than they did a year ago.
Summary: The median home sold price in Mamaroneck was $902,630 in November 2024, up 27.9% from last year, and the median price per square foot was $488.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202.5K | $218.7K | +8.0% |
| 2 Bedrooms | $445K | $421K | -5.4% |
| 3 Bedrooms | $735K | $937K | +27.5% |
| 4 Bedrooms | $1.2M | $1.2M | +2.6% |
| 5+ Bedrooms | $1.2M | $1.9M | +52.3% |
Summary: Mamaroneck housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 52.3%.
Housing Supply in Mamaroneck, NY
How many homes are available in Mamaroneck, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 | 51 | -26.1% |
Summary: The Mamaroneck real estate market had 51 homes for sale in November 2024, a 26.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 12 | -20.0% |
| 2 Bedrooms | 19 | 15 | -21.1% |
| 3 Bedrooms | 14 | 10 | -28.6% |
| 4 Bedrooms | 12 | 5 | -58.3% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Mamaroneck housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 58.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mamaroneck, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Mamaroneck in November 2024, up by 7.7% month-over-month. Of the 14 sold homes, 29% were sold under asking, 21% were sold at asking, and 50% were sold over asking.
Days on Market for Mamaroneck, NY
How long does it take to sell a home in Mamaroneck, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 32 Days | -13.3% |
Summary: Homes in Mamaroneck had an average of 32 days on market in Nov 2024, down by 13.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mamaroneck are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Mamaroneck; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% 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.