Is Scarsdale, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scarsdale is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Scarsdale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Scarsdale, NY

How much do homes in Scarsdale, NY cost?

Median Sold Price

$1,500,000

$515/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$349,375(+30.4%)

Key Takeaway

Homes in Scarsdale have sold for 30.4% more than they did a year ago.

Summary: The median home sold price in Scarsdale was $1,500,000 in October 2024, up 30.4% from last year, and the median price per square foot was $515.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $197.4K$215K
+8.9%
2 $382.5K$447.5K
+17.0%
3 $935K$995K
+6.4%
4 $1.2M$1.7M
+33.9%
5+ $2.2M$2.3M
+7.1%

Summary: Scarsdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 33.9%, and 5+ bedroom homes increased by 7.1%.

Median Sold Price Compared To Nearby Cities

Hartsdale
+37.6%
Scarsdale
+30.4%
Harrison
+18.1%
White Plains
+14.2%
New Rochelle
+12.3%

Housing Supply in Scarsdale, NY

How many homes are available in Scarsdale, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
191201+5.2%

Summary: The Scarsdale real estate market had 201 homes for sale in October 2024, a 5.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3032
+6.7%
2 1816
-11.1%
3 3643
+19.4%
4 3845
+18.4%
5+ 6965
-5.8%

Summary: The Scarsdale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 5.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3230-6.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scarsdale, you could pay more than the asking price. 63.3% of homes here sold above asking price last month.

Summary: A total of 30 homes were sold or pending in Scarsdale in October 2024, down by 6.3% month-over-month. Of the 30 sold homes, 23% were sold under asking, 13% were sold at asking, and 63% were sold over asking.

Days on Market for Scarsdale, NY

How long does it take to sell a home in Scarsdale, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days40 Days-29.4%

Summary: Homes in Scarsdale had an average of 40 days on market in Oct 2024, down by 29.4% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 30 homes were sold in Scarsdale; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% 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 20 Days Ago

Newest Listings in Scarsdale, NY

Nearby Markets to Scarsdale, NY

What housing markets are near Scarsdale, NY?