How is the Westchester County, NY Housing Market?
3rd Quarter Shows Single Family Homes in Demand
Single family home sales in Westchester County, NY are going strong. Sales continue to inch upward and pricing seems to be on the rise too. Inventory is falling and buyers are having a difficult time finding a specific home. Things do disappear quickly as homes only stay on the market for a bit over two months from date of listing to fully executed contracts. While in some parts of the country that may seem like a long time, in our area that is a really remarkably fast average. Short sales and foreclosures are less a part of the landscape. New York City buyers are moving north to escape city life and opting for the best commute that the Hudson Valley has to offer. Those that can afford the prices want to be as close to NYC as possible.