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White Plains NY Real Estate Report October 2016

Sales
There were 19 White Plains NY single family home sales in September. This is down 13.6% from 22 in September of 2015. Sales/list price ratio in September moved down to 98.1% from 99.0% in August.
PricesĀ 
The median price in September was $660,000. This is down 0.7% from $664,500 in September of 2015. 3-month median price of $660,000 in September was down a little from $675,000 in August but up marginally from $642,500 in September of 2015. Price per square foot in September was $314. This is up from $307 in August and up from $294 in September of 2015.
Inventory
Inventory of 80 in September was up 8.1% from 74 in August but down 16.7% from 96 in September of 2015. New listings of 32 in September were up substantially from 14 in August and up considerably from 24 in September of 2015. Months of supply of 4.1 in September was up slightly from 3.8 in August but down moderately from 5.2 in September of 2015. Market Time Days on market of 47 in September was down considerably from 71 in August and down slightly from 54 in September of 2015.
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