Bronxville Real Estate Market Report for 2024

Photo by N. Bower

By Janet Kovacs, Brokerage Manager, Houlihan Lawrence Bronxville

Feb. 19, 2025: As we close out 2024, we’re inspired by the strong demand from buyers eager to settle in our vibrant communities north of New York City. Housing inventory remains low, creating a highly competitive market for buyers and an excellent opportunity for homeowners ready to sell.

Strength of the Bronxville Real Estate Market

The trends this year underscore the strength of Bronxville’s real estate market. In the Village, 47 single-family detached homes were sold, an 8% decline from 2023, but luxury properties remained in high demand, with 40% of sales between $3 million and $5 million. The median sale price rose 9% to $2.8 million, and the average sale price slightly increased to $2,867,914, despite limited inventory with only five properties available at year-end.

In Bronxville PO/Yonkers, there were 38 single-family home sales, down 10% from the previous year and the lowest in a decade. However, the median sale price climbed 9% to $1,167,500, and the average sale price increased 6.3% to $1,240,921. Homes in the $1 million to $1.5 million range were particularly sought-after, with 15 sales in that category. Days on market dropped to an average of 54, reflecting strong buyer demand.

The co-op market also saw impressive growth, with sales up 16% and the median sale price surging 51% to $687,000. Average days on market decreased to 80 days, and the average price per square foot rose to $550, highlighting the growing appeal of Bronxville’s co-op offerings.

To read the full Bronxville 2024 market report, CLICK HERE.

 

 

 

Real Estate Directory

Bronxville Overview
Real Estate Companies
Real Estate - Attorneys
Real Estate - Insurance Agents
Decorators and Interior Design
Design Professionals
Home Maintenance and Improvement
Landscape Design and Maintenance

Real Estate Recent Articles

Quick Links

Home | Calendar | Galleries | Obituaries | Advertise With Us | Contact Us

Terms of Use | Posting Rules

Newsletter

Sign Up For Our Newsletter

MyhometownBroxnville reserves the right to monitor and remove all comments. For more information on Posting Rules, please review our Rules and Terms of Use, both of which govern the use and access of this site. Thank you.

The information presented here is for informational purposes only. While every effort has been made to present accurate information, myhometownBronxville, LLC, does not in any way accept responsibility for the accuracy of or consequences from the use of this information herein. We urge all users to independently confirm any information provided herein and consult with an appropriate professional concerning any material issue of fact or law. The views and opinions expressed by the writers, event organizers and advertisers do not necessarily represent those of myhometownBronxville, LLC, its officers, staff or contributors. The use of this website is governed by the Terms of Use . No portion of this publication may be reproduced or redistributed, either in whole or part, without the express written consent of the publisher.

Copyright © 2009 myhometownbronxville.com, All rights reserved.