Clients were asking me what was happening in the large family market or the multi-generational housing nmarket in Bedford New York. I decided to look at statistics for homes with five (5) or more bedrooms.
Bedford area 5 Bedroom Homes Available.
Above $1 Mil. 168
Above $2 Mil. 99
Above $4 Mil. 37
Bedford area 5 Bedroom Homes Sold (6 months)
Above $1 Mil. 44
Above $2 Mil. 19
Above $4 Mil. 3
Bedford area 5 Bedroom Homes Inventory
All. 20.23 months
Above $1 Mil. 22.91 months
Above $2 Mil. 31.26 months
Above 4$ Mil. 74 months
There is a great supply of Bedford area five Bedroom homes and larger. There will be great pressure for these sellers to lower their prices to get their property sold.