The sales statistics for Westchester County have just been published in two places.  One is the New York State Assocation of Realtors and the other is Realist is a company that the Westchester Board of Realtors uses to compile public market data.  Let's start with the State numbers.

For existing single family homes in May, 2007 there were 401 sold, May, 2008 there were 306 sold, April, 2009 179 and May 2009 217.  The percentages tell the story.  From May, 2007 to May, 2009 there were 21.7% less home sold in Westchester County.  According to the state the median price has dropped significantly as well.  in May of 2007 the median was $675,000, in May, 2008 the median was 703,750 and in May, 2009 the median dropped to $568,000.

 Realist picks up stats from public records.  This snapshot says 6/3/2009 but when you consider that the sales are not recorded immediately these numbers do not correctly state the market at the current time.  There is a lag.  Overall however it gives you an indication of what is going on with the market but is not accurate if analyzing the market statistically.