Dear Neighbors,
As we close out 2024, we’re inspired by the strong demand from buyers eager to settle in our vibrant communities north of New York City. Housing inventory remains low, creating a highly competitive market for buyers and an excellent opportunity for homeowners ready to sell.
The trends this year underscore the strength of Bronxville’s real estate market. In the Village, 47 single-family detached homes were sold, an 8% decline from 2023, but luxury properties remained in high demand, with 40% of sales between $3 million and $5 million. The median sale price rose 9% to $2.8 million, and the average sale price slightly increased to $2,867,914, despite limited inventory with only five properties available at year-end.
In Bronxville PO/Yonkers, there were 38 single-family home sales, down 10% from the previous year and the lowest in a decade. However, the median sale price climbed 9% to $1,167,500, and the average sale price increased 6.3% to $1,240,921. Homes in the $1 million to $1.5 million range were particularly sought-after, with 15 sales in that category. Days on market dropped to an average of 54, reflecting strong buyer demand.
The co-op market also saw impressive growth, with sales up 16% and the median sale price surging 51% to $687,000. Average days on market decreased to 80 days, and the average price per square foot rose to $550, highlighting the growing appeal of Bronxville’s co-op offerings.
Listing your home with the #1 firm in our market ensures access to the widest pool of motivated buyers. Our agents excel in showcasing your home’s unique qualities to align with buyer preferences. In 2024, Houlihan Lawrence represented 53 buy-side transactions in Bronxville PO—more than double our closest competitor— demonstrating our unmatched ability to connect buyers with their ideal homes.
As we look ahead, we’re committed to delivering the exceptional service and results that make Houlihan Lawrence the #1 Brokerage in Bronxville. Whether you’re buying or selling in 2025, there’s no better time to partner with the power of #1.
Wishing you a happy and successful 2025!
Sincerely,
Branch Manager, Associate Real Estate Broker
M 914.439.2548 O 914.337.0400
jkovacs@houlihanlawrence.com
PROUDLY THE NUMBER ONE BROKERAGE IN BRONXVILLE
Performance that Outpaces the Competition
2024 AT A GLANCE
Bronxville School District
SINGLE FAMILY HOMES - DETACHED
Sold: 47 | -8%
Median Sale Price: $2.8M | +9%
Average P/SF: $752 | +4%
Average DOM: 50 | +20%
COOPS
Sold: 44 | +16%
Median Sale Price: $687K | +51%
Average P/SF: $550 | +17%
Average DOM: 80 | -10%
Bronxville P.O./Yonkers School District
SINGLE FAMILY HOMES
Sold: 38 | -10%
Median Sale Price: $1.17M | +9%
Average P/SF: $456 | +6%
Average DOM: 54 | -7%
