The latest trends for Bronxville real estate are as follows:
- Home prices are down. In March 2023, the median sale price of a home in Bronxville was $723K, down 6.7% compared to last year.
- Homes are taking longer to sell. On average, homes in Bronxville sell after 52 days on the market, compared to 113 days last year.
- The market is becoming more buyer-friendly. There were 12 homes sold in March this year, down from 20 last year.
These trends are likely due to a number of factors, including the rising interest rates, the ongoing pandemic, and the increasing availability of homes on the market. As a result, buyers in Bronxville are now in a better position to negotiate a lower price and get a better deal on their home.
If you’re thinking about buying or selling a home in Bronxville, it’s important to be aware of these trends and to work with a real estate agent who can help you navigate the market.