60.8% of Westchester County Homes Sold Over Ask — What It Means

In my last newsletter, I broke down the strongest performing price ranges in Westchester County. This week, we’re focusing in on school districts — and what I found was wild: In 2025, 60.8% of single-family homes in Westchester sold over asking — up from 56.2% in 2024.???? In every school district but four, more than half of single-family sales closed above list price. Five districts were above 70%: Rye Neck (71.2%), Lakeland (71.2%), Elmsford (71.4%), White Plains (72.0%), and Mamaroneck (72.5%). Additional highlights:

It was another tough year for Westchester home buyers. Inventory stayed painfully tight, despite a 5.1% increase in sales, and even with mortgage rates finishing the year a full percentage point lower, competition didn’t let up. Sellers continued to hold the upper hand, with 61.1% of homes selling above their final list price, and places like Mamaroneck and White Plains leading the charge on over-ask bidding wars. In short: buyers got a small break on rates and affordability, but not on the fight to win a house.