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FOCUS ON: TUCKAHOE HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 23229 |
Units Sold
39 |
Active Inventory
46 |
Median Sale Price
$500,000 |
Days On Market
15 |
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Up
Vs. Year Ago |
Up 35%
Vs. Year Ago |
Up 6%
Vs. Year Ago |
Up
Vs. Year Ago |
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Units Sold
With relatively few transactions, there was a decrease in total units sold in July, with 39 sold this month in Tuckahoe Real Estate. This month's total units sold was higher than at this time last year, an increase from July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 12 units or 35%. The total number of active inventory this July was 46 compared to 34 in July 2024. This month's total of 46 is higher than the previous month's total supply of available inventory of 42, an increase of 10%.
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Median Sale Price
Last July, the median sale price for Tuckahoe Homes was $470,000. This July, the median sale price was approximately the same at $500,000. The current median sold price is 6% higher than in July 2024.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
49 |
Current Contracts
37 |
Sold Vs. List Price
100.7% |
Months of Supply
1.2 |
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Up 26%
Vs. Year Ago |
Down -3%
Vs. Year Ago |
Down -2.7%
Vs. Year Ago |
Down -10%
Vs. Year Ago |
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Months of Supply
In July, there was 1.2 months of supply available in Tuckahoe, compared to 1.3 in July 2024. That is a decrease of 10% 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.
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New Listings & Current Contracts
This month there were 49 homes newly listed for sale in Tuckahoe compared to 39 in July 2024, an increase of 26%. There were 37 current contracts pending sale this July compared to 38 a year ago. The number of current contracts is 3% lower than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Tuckahoe was 100.7% of the average list price, which is 2.8% lower than at this time last year.
Days on Market
This month, the average number of days on market was 15, higher than the average last year, which was 9. This increase was impacted by the limited number of sales.
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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. |