 |
|||
 |
|||
| | |||
| MARCH 2025 | |||
| | |||
| Zip Code(s): 23229 | |||
| Units Sold 29 |
Active Inventory 41 |
Median Sale Price $531,000 |
Days On Market 8 |
|
|
|
|
|
| Down Vs. Year Ago |
Up 58% Vs. Year Ago |
Up Vs. Year Ago |
Down Vs. Year Ago |
| | |||
Units Sold
With relatively few transactions, there was an increase in total units sold in March, with 29 sold this month in Tuckahoe Real Estate. This month's total units sold was lower than at this time last year, a decrease from March 2024. |
|||
Active Inventory
Versus last year, the total number of homes available this month is higher by 15 units or 58%. The total number of active inventory this March was 41 compared to 26 in March 2024. This month's total of 41 is higher than the previous month's total supply of available inventory of 35, an increase of 17%. |
|||
Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last March, the median sale price for Tuckahoe Homes was $410,000. This March, the median sale price was $531,000, an increase of $121,000 compared to last year. The current median sold price is higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
|||
| | |||
| New Listings 45 |
Current Contracts 36 |
Sold Vs. List Price 107.1% |
Months of Supply 1.4 |
|
|
|
|
|
| Up 36% Vs. Year Ago |
Down -3% Vs. Year Ago |
Down -0.9% Vs. Year Ago |
Up 68% Vs. Year Ago |
| | |||
Months of Supply
In March, there was 1.4 months of supply available in Tuckahoe, compared to 0.8 in March 2024. That is an increase of 69% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
|||
New Listings & Current Contracts
This month there were 45 homes newly listed for sale in Tuckahoe compared to 33 in March 2024, an increase of 36%. There were 36 current contracts pending sale this March compared to 37 a year ago. The number of current contracts is 3% lower than last March. |
|||
Sale Price to List Price Ratio
In March, the average sale price in Tuckahoe was 107.1% of the average list price, which is 1.0% lower than at this time last year. Days on Market
This month, the average number of days on market was 8, lower than the average last year, which was 20. This decrease was impacted by the limited number of sales. | |||
 |
Tuckahoe are defined as properties listed in zip code/s 23229. | ||
| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by CVRMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of CVRMLS or Long & Foster Real Estate, Inc. |
|||