With only 1.0 months of inventory, Rye remains a seller's market. Home prices have increased 7.4% in the past month alone. At the current pace, all available homes in Rye would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 3 days to sell, which is NaN days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Rye market with the affordability index at 10653.5. Based on current market indicators, home prices in Rye are projected to increase by approximately 3.8% over the next month.
| Property Name | Value | Status |
|---|---|---|
| Sample Property 1 | $1,250,000 | Active |
| Sample Property 2 | $850,000 | Pending |
| Sample Property 3 | $2,100,000 | Sold |
| Sample Property 4 | $675,000 | Active |
| Sample Property 5 | $1,800,000 | Pending |
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