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 White Plains Cooperative Sales Statistics

white plains cooperatives

           

The White Plains Cooperative Market has been red-hot. The Average Selling Price of a White Plains cooperative in May was $203,863.  While the Original List Price to Sale Price Ratio topped out at 95.0%, the highest ratios we’ve seen since June of 2012 (95.3%).  Additionally the Average Days on Market nosedived to just 121 days during the month of May.  That’s the lowest average days on market for White Plains cooperatives dating back to June of 2008’s 126 days on market.

          

 

White Plains Cooperatives: Average Selling Price

(Past 12 Months)

White Plains Coop Avg Selling Price

Month Sale Price, Average
June 2013

$189,206

July 2013
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Demand for Residential Rental Properties Still Strong

With potential home owners finding it tough to buy their first home, there is still strong demand for rental units, judging by rental price trends. REALTORS® reported rents that are higher compared to a year ago.

Rising rents add an additional incentive for homeownership. Homeownership provides families with enhanced lifestyles—and a chance to cap major parts of their living costs.

 

 

From National Association of REALTORS®

 

By: Jed Smith
Published: November 12, 2013

 

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