Real Estate Inventory in Bedford NY | Bedford NY Real Estate

There are a lot of homes on the market currently in the Bedford NY area.  The National Association of Realtors (NAR) considers six (6) months of available homes to be equilibrium (a balance between buyers and sellers).

 

The numbers below are the available homes divided by the average homes sold per month (absorption rate)  .The towns in our area currently rank as follows.  It will take this many months to sell off the inventory at the current sales pace.

 

Armonk                      9.80

Bedford Village      18.02

Bedford HIlls            21.08

Pound Ridge           13.16

Chappaqua              10.11

Katonah                    10.58

South Salem             16.66

North Salem              19.92

Bedford Corners       10.07

 

A low number is a stronger market while a high number is weak.

 

Bedford NY Homes

Bedford Luxury Homes

Leave a Reply

Your email address will not be published. Required fields are marked *