Park Hill currently leans toward sellers, with a market gauge of 16 indicating a seller's market. Limited supply and steady demand are helping keep conditions in their favor. Buyers still have options, but they may face more competition for the best homes.
Typical home values sit around $656,389, higher than Yonkers overall at about $602,000, and values in Park Hill have inched up 3.37% month over month despite being down 6.23% year over year. Listing prices have moved up more quickly, with the median list price at $798,500 in February and rising an estimated 11.06% from the prior month, while about one-third of recent sales closed above asking, supported by an average sale-to-list ratio near 0.99.
Inventory remains relatively tight at 8 homes on the market, even after a 60% increase compared with last year and a recent month-over-month dip of 11.11%, and homes are taking about 39 days to sell after a sharp 58.51% drop in days on market over the past year. With 8 new listings and 5 pending sales, activity is steady but not overheated, and projections for March suggest slightly fewer listings, around 7, with a modest uptick in typical values to roughly $667,083 and a projected median list price near $838,250. In this environment, both buyers and sellers can benefit from Agent Pronto helping them connect with an agent who understands these numbers and how to navigate them.
