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Elliman Report: Riverdale Sales 4Q 2019

The market was best characterized by rising prices and a stable but brisk market pace. Median sales price rose 5.9% year over year to $339,000, the second-highest price on record. The average sales price edged up 0.3% to $442,169, and the average price per square foot rose 1.6% to $387. Unlike the rising trend of prices, sales trends declined for the fifth straight quarter but at a lower rate. There were 118 sales in the quarter, down 4.8% from the same period last year. The decline in sales was offset by the…

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