July’s Real Estate Statistics for Westchester
New Listings and Median Home Prices had gains across all property types last month while the total amount of homes for sale continued to decline.
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Single-family home sales in Westchester County saw a 6.6% increase in new listings and a 1.6% rise in closed sales, with the median sales price up 6.3% to $1,010,000.
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Condos experienced strong growth, with new listings up 18.5%, closed sales up 30.5%, and a 16.7% increase in the median sales price to $525,000.
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Cooperatives had mixed results, with new listings up 18.4%, but closed sales down 10%, while the median sales price rose slightly by 1.9% to $214,000.
Ralph’s Take
It’s important to keep in mind that overall county data may not be representative of your neighborhood. If you would like localized statistics, feel free to ask!
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