TUCKAHOE HOUSING MARKET DATA

There was an increase in total units sold in May, with 39 sold this month in Tuckahoe Real Estate versus 32 last month, an increase of 22%. This month's total units sold was lower than at this time last year, a decrease of 7% versus May 2024.

Versus last year, the total number of homes available this month is higher by 8 units or 25%. The total number of active inventory this May was 40 compared to 32 in May 2024. This month's total of 40 is lower than the previous month's total supply of available inventory of 44, a decrease of 9%.

Last May, the median sale price for Tuckahoe Homes was $462,500. This May, the median sale price was $485,000, an increase of 5% or $22,500 compared to last year. The current median sold price is 3% lower than in April.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 1.0 months of supply available in Tuckahoe, compared to 0.8 in May 2024. That is an increase of 35% 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.

This month there were 48 homes newly listed for sale in Tuckahoe compared to 38 in May 2024, an increase of 26%. There were 43 current contracts pending sale this May compared to 29 a year ago. The number of current contracts is 48% higher than last May.

In May, the average sale price in Tuckahoe was 106.7% of the average list price, which is 2.2% higher than at this time last year.

This month, the average number of days on market was 25, higher than the average last year, which was 11. This increase was impacted by the limited number of sales.





FOCUS ON: TUCKAHOE HOUSING MARKET			MAY 2025

Zip Code(s): 23229
Units Sold 39	Active Inventory 40	Median Sale Price $485,000	Days On Market 25

Down -7% Vs. Year Ago	Up 25% Vs. Year Ago	Up 5% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 39 sold this month in Tuckahoe Real Estate versus 32 last month, an increase of 22%. This month's total units sold was lower than at this time last year, a decrease of 7% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 8 units or 25%. The total number of active inventory this May was 40 compared to 32 in May 2024. This month's total of 40 is lower than the previous month's total supply of available inventory of 44, a decrease of 9%.
		Median Sale Price Last May, the median sale price for Tuckahoe Homes was $462,500. This May, the median sale price was $485,000, an increase of 5% or $22,500 compared to last year. The current median sold price is 3% lower than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 48	Current Contracts 43	Sold Vs. List Price 106.7%	Months of Supply 1.0

Up 26% Vs. Year Ago	Up 48% Vs. Year Ago	Up 2.1% Vs. Year Ago	Up 36% Vs. Year Ago


		Months of Supply In May, there was 1.0 months of supply available in Tuckahoe, compared to 0.8 in May 2024. That is an increase of 35% 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 48 homes newly listed for sale in Tuckahoe compared to 38 in May 2024, an increase of 26%. There were 43 current contracts pending sale this May compared to 29 a year ago. The number of current contracts is 48% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Tuckahoe was 106.7% of the average list price, which is 2.2% higher than at this time last year. Days on Market This month, the average number of days on market was 25, higher than the average last year, which was 11. This increase 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.