Happy New Year!
After a great 4th quarter in 2011 we are excited for the new year in real estate.
The Yonkers NY 10710 Area Market had a very stable year after a volatile 2009 and 2010. Pricing is generally flat and volumes are Higher but reasonable
Real estate cycles are long and I feel like we are in the middle innings. in - Yonkers NY
Current inventory in Yonkers NY 10710 area is off to a good start only 74 single family homes for sale with a 148 average day of the market and currently the average price is $515k. 27 homes went under contract/ pending before year end which was very encouraging.
65 home didn’t sell in the last 6 months. Now the best news is that 60 home sold with an average of 187 day of the market, the average list price was $480k and average selling price was $454k. That’s a 94.7 % list to sale price wow that’s shocking because a well priced home should sell for much more. There is 7.4-monthly supply.
Call us to sell or purchase your next home in Yonkers NY 10710. Your Real estate expert advisor (The Sales Team of Rummy Dhanoa)
For Activity in the past two weeks click below: