Active Rain April 3, 2011

Briarcliff Manor Real Estate Market First Quarter 2011

This is the market report for single family homes sold in the Briarcliff Manor school district for the first quarter of 2011. All information is sourced fom the Empire Access Multiple Listing Service. 

In the first quarter of 2011, there were 14 closings with a median sale price of $617,500. 

In the first quarter of 2010, there were 9 closings with a median sale price of $625,000. 

Things are looking up in Briarcliff. There is almost no difference in median price, but sales volume is up 55%. This is especially pronounced when one considers that 2010 was a stimulus period. There is no tax credit now.  Was there pent up demand? It would appear so. Whatever the reason, I’ll take it. 

6 homes are currently under contract at a median asking price of $734,500. There are 36 active listings available. That is a healthy inventory, and we’ll see if the second quarter continues the positive trend. 

If you’d like to search for a home in Briarcliff Manor, get yourself a free Listingbook account and search the MLS like an agent. 

Briarcliff Manor NY

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