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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scarsdale is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Scarsdale has remained a Seller's Market.

Key Takeaway

Scarsdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Scarsdale, NY

How much do homes in Scarsdale, NY cost?

Median Sold Price

$1,500,000

$519/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$325,666(+27.7%)

Key Takeaway

Homes in Scarsdale have sold for 27.7% more than they did a year ago.

Summary: The median home sold price in Scarsdale was $1,500,000 in November 2024, up 27.7% from last year, and the median price per square foot was $519.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $200K$215K
+7.5%
2 $385K$462.5K
+20.1%
3 $942K$980K
+4.0%
4 $1.2M$1.7M
+31.7%
5+ $2.2M$2.3M
+8.3%

Summary: Scarsdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 20.1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 31.7%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Cities

Hartsdale
+36.1%
Scarsdale
+27.7%
Harrison
+25.6%
White Plains
+18.1%
New Rochelle
+12.1%

Housing Supply in Scarsdale, NY

How many homes are available in Scarsdale, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
177128-27.7%

Summary: The Scarsdale real estate market had 128 homes for sale in November 2024, a 27.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2717
-37.0%
2 1310
-23.1%
3 3724
-35.1%
4 3920
-48.7%
5+ 6157
-6.6%

Summary: The Scarsdale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37%, 2 bedroom homes decreased by 23.1%, 3 bedroom homes decreased by 35.1%, 4 bedroom homes decreased by 48.7%, and 5+ bedroom homes decreased by 6.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3129-6.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

18 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. 62.1% of homes here sold above asking price last month.

Summary: A total of 29 homes were sold or pending in Scarsdale in November 2024, down by 6.5% month-over-month. Of the 29 sold homes, 28% were sold under asking, 10% were sold at asking, and 62% 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

Nov 2023Nov 2024CHANGE
42 Days53 Days+28.0%

Summary: Homes in Scarsdale had an average of 53 days on market in Nov 2024, up by 28% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

13 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 November 2024, 29 homes were sold in Scarsdale; 48% of homes were sold within 30 days, 45% 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

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