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Spring 2025 may have brought another early peak in Westchester’s real estate market. For the third year in a row, new listings declined from April to May, bucking the pre-2020 trend where May was usually the high point. Although inventory is up from last year, it's still well below historical norms, with fewer than half as many homes for sale this spring as in 2015. Here’s a deeper dive into Westchester County’s Spring markets since 2015:

• Earlier New Listing Peak: April has outpaced May for new listings in recent years, possibly due to sellers trying to attract buyers ahead of rising competition.

• Inventory Trends: The peak in total active listings has shifted from May (pre-2020) to later months like July (2020–2022), June (2023), and September (last year), partially influenced by fluctuating mortgage rates.

• Pending Sales: May has typically seen the highest number of pending sales, with exceptions in 2015 (June), 2020 (July), and 2022 (March)

• Market Dynamics: With just 2.5 months of supply compared to 7.2 in May 2015, the market continues to favor sellers even as seasonal trends evolve.

Ralph’s Take

Spring used to be a predictable powerhouse for the market, but that predictability has faded slightly. Sellers are listing earlier, buyers are moving later, and inventory peaks now stretch into summer or even fall. The one constant? Well-priced homes still move fast. If you're thinking about making a move, timing and strategy matter more than ever.