Is Pearl River, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Pearl River has remained a Buyer's Market.
Housing Prices in Pearl River, NY
How much do homes in Pearl River, NY cost?
Median Sold Price
$600,000
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Pearl River was $600,000 in April 2024, up 7.1% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $261.5K | $266K | +1.7% |
2 Bedrooms | $385K | $520K | +35.1% |
3 Bedrooms | $569.9K | $574.5K | +0.8% |
4 Bedrooms | $590K | $712.5K | +20.8% |
5+ Bedrooms | $775K | $737.5K | -4.8% |
Summary: Pearl River housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 35.1%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Cities
Orangetown | $587.5K | $636.7K | +8.4% |
Pearl River | $560K | $600K | +7.1% |
West Nyack | $651K | $682K | +4.8% |
Nanuet | $525K | $545K | +3.8% |
Housing Supply in Pearl River, NY
How many homes are available in Pearl River, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 33 | +22.2% |
Summary: The Pearl River real estate market had 33 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Pearl River housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Pearl River in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Pearl River, NY
How long does it take to sell a home in Pearl River, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 19 Days | -61.0% |
Summary: Homes in Pearl River had an average of 19 days on market in Apr 2024, down by 61% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Pearl River; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.