 |
The photo above shows what is believed to be one of Benjamin Franklin’s original milestone markers. These stones were placed along colonial post roads in the 1700s to indicate the distance to New York City and help guide travelers and postal riders along the route.-This is the one on US 1 in Mamaroneck |
Mamaroneck NY Housing Market Update – February 2026 Single-Family Homes
The Mamaroneck NY single-family housing market in the Mamaroneck School District showed unusual statistics in February 2026.
At first glance, the numbers appear dramatic, with the median sale price jumping to $3,170,000. However, this increase is largely due to the fact that only one home sold during the month, which can significantly skew price statistics.
To better understand the real market trend, it helps to compare February’s numbers with January 2026 historical data and longer-term market trends.
Key Market Highlights – February 2026
- Unit Sales: 1 home sold (↓ 87.5% vs Feb 2025)
- Median Sale Price: $3,170,000 (↑ 129.5%)
- Average Sale Price: $3,170,000
- Average List Price: $3,374,348
- Inventory: 23 homes available
- Months of Supply: 1.42 months
- Days on Market: 134 days
- Median Price per Sq Ft: $609
- Sale-to-List Price Ratio: 90.7%
- New Listings: 22 homes
- Pending Listings: 14 homes
These statistics come from the Mamaroneck Single-Family Market Report for February 2026.
Why February Prices Look Unusually High
The headline number for February shows a median sale price of $3.17 million, which represents a 129.5% increase compared to February 2025.
However, because only one property sold during the month, this price reflects that single transaction rather than the broader housing market.
Monthly statistics can fluctuate significantly when sales volume is extremely low, which is why real estate professionals often look at multiple months of historical data to understand true market trends.
Comparing January 2026 Market Activity
January 2026 provides a more balanced view of the Mamaroneck market.
- 4 homes sold in January
- Median sale price: $1,955,000
- 75% of homes sold within 90 days
- 100% sold for over 95% of asking price
These numbers suggest a market that is still active and competitive, with strong buyer demand for homes in the Mamaroneck School District.
Inventory Remains Tight
Limited housing supply continues to shape the market.
- 23 homes available for sale
- Inventory down 36.1% year-over-year
- Months of supply: 1.42 months
A balanced housing market typically has 4–6 months of inventory. With less than two months of supply, the Mamaroneck market remains competitive for buyers.
Days on Market Increased
The average days on market rose to 134 days, which appears high compared to last year’s numbers.
Again, with only one sale recorded during the month, the days-on-market statistic is tied to that individual transaction and does not necessarily represent overall buyer activity.
What This Means for Buyers
Buyers searching for single-family homes in Mamaroneck NY may find:
- Limited inventory
- Strong demand for desirable homes
- Competition for well-priced properties
Working with a local real estate professional can help buyers identify opportunities as homes enter the market.
What This Means for Sellers
For homeowners in the Mamaroneck School District, current conditions remain favorable.
- Low housing inventory
- Steady buyer demand
- Strong long-term property values
Homes that are priced strategically and marketed effectively continue to attract serious buyers.
Looking Ahead to the Spring Market
As we move toward the spring real estate season, historically the busiest time of the year, we may see:
- An increase in new listings
- More balanced monthly sales data
- Continued strong demand for homes in coastal Westchester communities
The Mamaroneck NY housing market remains highly desirable due to its waterfront communities, strong schools, and proximity to New York City.
Stay Updated on the Mamaroneck Real Estate Market
If you want to stay informed about Mamaroneck NY real estate trends, follow my blog for regular housing updates and local market insights.
I also share monthly housing updates and neighborhood insights on YouTube.
👉 Subscribe to my RealtorTom YouTube Channel
Follow me, subscribe to my blog, and watch my videos for more updates on Mamaroneck and Westchester County real estate.
Contact Me for Local Real Estate Advice
Whether you're considering buying or selling a home in the Mamaroneck School District, I’m always happy to help.
Thomas Roberts
Real Estate Agent | William Raveis
📞 (914) 755-9816
https://linktr.ee/RealtorTom
No comments:
Post a Comment