Is North Castle, 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, North Castle was a Buyer's Market.
Housing Prices in North Castle, NY
How much do homes in North Castle, NY cost?
Median Sold Price
$1,435,000
$430/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in North Castle was $1,435,000 in May 2024, up 10.4% from last year, and the median price per square foot was $430.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $470K | $525K | +11.7% |
2 Bedrooms | $582.4K | $720K | +23.6% |
3 Bedrooms | $1.0M | $985K | -9.4% |
4 Bedrooms | $1.4M | $1.5M | +1.7% |
5+ Bedrooms | $2.3M | $2.7M | +15.8% |
Summary: North Castle housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 23.6%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 15.8%.
Median Sold Price Compared To Nearby Cities
Chappaqua | $1.2M | $1.3M | +11.3% |
North Castle | $1.3M | $1.4M | +10.4% |
Mount Pleasant | $761.7K | $829K | +8.8% |
Armonk | $1.4M | $1.4M | +1.6% |
Rye Brook | $980K | $908K | -7.3% |
Housing Supply in North Castle, NY
How many homes are available in North Castle, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
66 | 92 | +39.4% |
Summary: The North Castle real estate market had 92 homes for sale in May 2024, a 39.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 16 | 20 | +25.0% |
4 Bedrooms | 29 | 42 | +44.8% |
5+ Bedrooms | 15 | 24 | +60.0% |
Summary: The North Castle housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 44.8%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 16 | +1500.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in North Castle in May 2024, up by 1500.0% month-over-month. Of the 16 sold homes, 6% were sold under asking, 44% were sold at asking, and 50% were sold over asking.
Days on Market for North Castle, NY
How long does it take to sell a home in North Castle, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 43 Days | -21.8% |
Summary: Homes in North Castle had an average of 43 days on market in May 2024, down by 21.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in North Castle; 56% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.