demand is soaring in westchester’s housing market

demand is soaring in westchester’s housing market

Westchester continues to experience sale declines due to record-low inventory, according to Houlihan Lawrence‘s Q3 market report. As the Westchester housing market fails to meet buyers’ needs, both home sales and pending contracts have diminished. According to the report, home sales in Westchester were down 20% while median sale price went up 6.7%

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well-priced inventory is low: new york real estate in Q2 2023

well-priced inventory is low: new york real estate in Q2 2023

During the second quarter of 2023, New York City’s real estate market has been as volatile as our stock market. While the market for ultra-luxury apartments, both condo and co-op, has remained slow, the smaller units, which were having a run in April and much of May, have now sunk into the doldrums as well.

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homes for sale in connecticut and new york

homes for sale in connecticut and new york

A four-bedroom, three-bath, 4,257-square-foot house with hardwood floors, crown molding, a fireplace, bay windows, an eat-in kitchen with granite countertops and French sliding doors, a first-floor full bath, an en suite primary bedroom with vaulted ceilings and balcony with water views, a dressing room, an office with outdoor access, a laundry room, a fenced yard with a bluestone patio, and an attached two-car attached garage, on 0.34 acres.

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why connecticut’s real estate market is still hot

why connecticut’s real estate market is still hot

With little to choose from on the market, a lack of supply and an increased demand has caused home prices in the Nutmeg State to increase 10 percent in the last year alone, according to Zillow. Sellers know that serious buyers will pay more to get into a market that has pushed many home-buying hopefuls out, and the prices reflect that.

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housing market is shifting closer to favoring buyers

housing market is shifting closer to favoring buyers

The housing market moved further in the direction of buyers last month as the markets that cooled the fastest in response to quickly rising interest rates and home prices continued to moderate, according to the Knock Buyer-Seller Market Index released today. At the same time, many strongholds show no sign of slowing down and some are expected to gain momentum over the next year.

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how hot is the real estate market near white plains? home sale prices rise to $825K

how hot is the real estate market near white plains? home sale prices rise to $825K

The median sales price for a single-family home sold in Westchester County during May was $825,000. That's an increase of 13% compared with May 2021, according to a USA TODAY Network localized analysis generated with data from Realtor.com.

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what’s up with the crazy housing market?

what’s up with the crazy housing market?

It’s still a seller’s market, whether it feels that way or not.

In May, the median price of a home in the United States passed $400,000 for the first time, according to the National Association of Realtors. And bidding wars accounted for 55 percent of home sales in the four week period ending June 19, up from 53 a year earlier, according to Redfin.

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chappaqua, N.Y.: a westchester hamlet that’s ‘not cookie-cutter’

chappaqua, N.Y.: a westchester hamlet that’s ‘not cookie-cutter’

Tara Watnik knew that she and her family would leave their Bronx co-op for a house in Westchester — eventually. But her husband, Scott Watnik, a partner in a Manhattan law firm, grew up in Riverdale, and they liked living in his childhood neighborhood, which was close to her job as a communications director at a private school and an easy commute for him. Then Covid hit, and they decided it was time to get serious about moving.

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westchester housing market ‘starved for inventory’ means ‘intense competition’ to buy single-family homes

westchester housing market ‘starved for inventory’ means ‘intense competition’ to buy single-family homes

Low inventory plus high demand equals a difficult time for homebuyers, unless they have very deep pockets, CBS2’s Tony Aiello reported Friday.

“For Sale” signs are few and far between in Westchester County. Just about 700 single-family homes were listed in the 4th quarter of 2021. That’s down 45% from 2020.

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NY regional closed median home price for november 0.9% lower than in october

NY regional closed median home price for november 0.9% lower than in october

OneKey MLS, reporting detailed, month-over-month statistical information about residential, condo, and co-op sales transactions in the regional MLS coverage area, finds that the closed median sale price in November 2021 was less than it was in October 2021.

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home sales prices rise again in the hudson valley as buyers seek larger space outside NYC

home sales prices rise again in the hudson valley as buyers seek larger space outside NYC

The median sales price for single-family houses rose in 2021's third quarter compared to the same July-through-September period last year, including from Westchester to Putnam to Rockland, according to the Hudson Gateway Association of Realtors.

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