Showing posts with label Mamaroneck Condos. Show all posts
Showing posts with label Mamaroneck Condos. Show all posts

Tuesday, June 9, 2026

May 2026 Mamaroneck NY Real Estate Market Update: Home Prices, Condos, Co-ops & Multi-Family Trends

Mamaroneck NY Real Estate Market Update: May 2026

By Thomas Roberts, William Raveis Real Estate

If you are watching the Mamaroneck, NY real estate market, May 2026 offered a clear message: buyers are still active, inventory remains limited in several property types, and well-positioned homes continue to move quickly. Below is a property-by-property breakdown for Single Family Homes, Condos, Multi Family Homes, and Co-op apartments in Mamaroneck.

This update is designed for local homeowners, buyers, sellers, and community members who want a quick, trustworthy look at current Mamaroneck market trends for May 2026.

Quick Takeaway: Mamaroneck Market Trends for May 2026

  • Single Family Homes: Strong activity with 22 sales and only 1.74 months of supply.
  • Condos: Fastest-moving segment, with a median of just 4 days on market.
  • Multi Family Homes: Low sales volume, but properties sold quickly when priced correctly.
  • Co-op Apartments: Affordable entry point, with median sale price up year-over-year.

Single Family Homes in Mamaroneck

The Mamaroneck single family home market remained active in May 2026. There were 22 unit sales, up 4.8% compared with May 2025. The median sale price was $1,942,500, down 2.2% year-over-year.

  • Unit Sales: 22
  • Median Sale Price: $1,942,500
  • Median Sale Price/SF: $776, up 17.1%
  • Days on Market: 17, down 26.1%
  • Inventory: 28 homes, down 41.7%
  • Months of Supply: 1.74, down 39.9%
  • Sold Within 90 Days: 100%
  • Sold for Over 95% of List Price: 95%

For sellers, this shows that properly priced single family homes in Mamaroneck are still attracting strong attention. For buyers, the limited inventory means preparation matters: mortgage pre-approval, local market knowledge, and fast decision-making can make a real difference.

Condos in Mamaroneck

The Mamaroneck condo market was especially competitive in May 2026. Condo sales rose sharply, with 5 unit sales, up 66.7% from May 2025. The median condo sale price reached $999,000, up 21.1% year-over-year.

  • Unit Sales: 5
  • Median Sale Price: $999,000
  • Median Sale Price/SF: $674
  • Days on Market: 4, down 42.9%
  • Inventory: 4 condos, down 20.0%
  • Months of Supply: 1.12, down 20.0%
  • Sold Within 90 Days: 100%
  • Sold for Over 95% of List Price: 100%

Condos were the fastest-moving property type in this May 2026 report. With just 1.12 months of supply, Mamaroneck condos remain attractive for buyers who want a lower-maintenance lifestyle while staying close to Westchester amenities, Metro-North access, shops, restaurants, and the Long Island Sound lifestyle.

Multi Family Homes in Mamaroneck

The Mamaroneck multi family home market had limited activity in May 2026, with 1 unit sale, down 50.0% from May 2025. The median sale price was $995,000, down 5.7% year-over-year.

  • Unit Sales: 1
  • Median Sale Price: $995,000
  • Days on Market: 9, down 59.1%
  • Inventory: 5 properties, down 28.6%
  • Months of Supply: 5.45, down 41.6%
  • Sold Within 90 Days: 100%
  • Sold for Over 95% of List Price: 100%

Multi family homes in Mamaroneck remain a niche but important part of the local market. Investors and owner-occupants often look at these properties for rental income potential, long-term value, and flexibility. With only one sale in May, individual property condition, location, rent roll, and pricing strategy matter heavily when interpreting this segment.

Co-op Apartments in Mamaroneck

The Mamaroneck co-op apartment market showed solid affordability compared with other property types. In May 2026, there were 5 co-op sales, up 25.0% from May 2025. The median co-op sale price was $339,000, up 10.2% year-over-year.

  • Unit Sales: 5
  • Median Sale Price: $339,000
  • Median Sale Price/SF: $356, up 14.8%
  • Days on Market: 18, down 73.1%
  • Inventory: 16 units, down 38.5%
  • Months of Supply: 2.46, down 49.5%
  • Sold Within 90 Days: 100%
  • Sold for Over 95% of List Price: 100%

Co-ops continue to be an important option for buyers seeking value in Mamaroneck. With prices below the condo and single family markets, co-op apartments can appeal to first-time buyers, downsizers, and people who want access to the Mamaroneck lifestyle at a more approachable price point.

What This Means for Buyers and Sellers

For Buyers

  • Be ready before the right property appears.
  • Expect competition in condos, co-ops, and well-priced single family homes.
  • Review monthly maintenance, taxes, board requirements, and carrying costs carefully.

For Sellers

  • Low inventory can work in your favor, especially with strong presentation and pricing.
  • Professional marketing matters when buyers are comparing limited options.
  • Accurate pricing remains key, even in a tight market.

Final Thoughts on the May 2026 Mamaroneck Real Estate Market

The May 2026 Mamaroneck real estate market shows strength across multiple property types. Single family homes remain highly desirable, condos moved extremely quickly, multi family homes stayed limited in supply, and co-op apartments continued to offer a more affordable path into the community.

Whether you are buying, selling, investing, or simply keeping up with your neighborhood, understanding the numbers by property type helps you make better real estate decisions.

For more updates on the Mamaroneck real estate market, please follow this blog, subscribe for future posts, and watch my YouTube video above. You can also subscribe to my RealtorTom YouTube channel here: https://www.youtube.com/@RealtorTom

Get Your Free Quick Home Estimate

Thomas Roberts
Real Estate Agent | William Raveis
📞 (914) 755-9816
https://linktr.ee/RealtorTom

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