Local Market Update – June 2020 A Research Tool Provided by the Hudson Gateway Association of REALTORS® Mount Vernon Westchester County Single-Family Homes June Last 12 Months Key Metrics 2019 2020 % Change Thru 6-2019 Thru 6-2020 % Change New Listings 34 29 - 14.7% 302 214 - 29.1% Closed Sales 14 7 - 50.0% 184 167 - 9.2% Days on Market Until Sale 82 84 + 2.4% 74 77 + 4.1% Median Sales Price* $459,500 $530,000 + 15.3% $435,000 $458,671 + 5.4% Percent of Original List Price Received* 95.3% 101.9% + 6.9% 96.3% 96.4% + 0.1% Inventory of Homes for Sale 86 52 - 39.5% 73 57 - 21.9% Condos June Last 12 Months Key Metrics 2019 2020 % Change Thru 6-2019 Thru 6-2020 % Change New Listings 4 0 - 100.0% 21 21 0.0% Closed Sales 1 0 - 100.0% 16 15 - 6.3% Days on Market Until Sale 41 –– –– 71 38 - 46.5% Median Sales Price* $269,900 –– –– $272,450 $287,000 + 5.3% Percent of Original List Price Received* 90.0% –– –– 96.0% 104.1% + 8.4% Inventory of Homes for Sale 5 2 - 60.0% 5 3 - 40.0% Co-Ops June Last 12 Months Key Metrics 2019 2020 % Change Thru 6-2019 Thru 6-2020 % Change New Listings 14 21 + 50.0% 163 159 - 2.5% Closed Sales 16 9 - 43.8% 151 123 - 18.5% Days on Market Until Sale 126 52 - 58.7% 87 65 - 25.3% Median Sales Price* $127,500 $99,000 - 22.4% $120,000 $126,000 + 5.0% Percent of Original List Price Received* 96.9% 99.2% + 2.4% 97.6% 97.0% - 0.6% Inventory of Homes for Sale 37 45 + 21.6% 41 39 - 4.9% * Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point. Historical Median Sales Price by Property Type Rolling 12-Month Calculation Single-Family Homes Condos Co-Ops 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 1-2016 1-2017 1-2018 1-2019 1-2020 $0 $100,000 $200,000 $300,000 $400,000 $500,000 $600,000 Current as of July 7, 2020. All data from the Hudson Gateway Association of REALTORS® MLS. Report © 2020 ShowingTime.