White Plains NY Home Sales Remain Strong Jan 2016

By
Real Estate Agent with William Raveis Legends Realty Group 30PA1082583

Sales

There were 21 unit sales in December. This is up 40.0% from 15 in December of 2014. Sales/list price ratio in December moved up to 99.2% from 97.8% in November.

Prices

Median price in December was $625,000. This is down 22.4% from $805,000 in December of 2014. 3-month median price of $565,000 in December was down marginally from $581,250 in November and down modestly from $705,007 in December of 2014. Price per square foot in December was $284. This is down from $297 in November but up from $271 in December of 2014.

Inventory

Inventory of 70 in December was down 21.3% from 89 in November but up 27.3% from 55 in December of 2014. New listings of 6 in December were down considerably from 24 in November and down somewhat from 8 in December of 2014. Months of supply of 3.6 in December was down moderately from 4.6 in November but up a little from 3.1 in December of 2014. On a year-over-year basis, months of supply has been falling for 5 months. This is the lowest months of supply has been since December, 2014.

Market Time

Days on market of 74 in December was up slightly from 70 in November but down substantially from 114 in December of 2014. This is the highest days on market has been since May, 2015.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
New York Westchester County White Plains
Groups:
Agents who want REFERRALS!
Posts to Localism
ActiveRain Network Referral Base
Dedicated Bloggers
City and State
Tags:
westchester county
real estate
home sales
white plains ny

Spam prevention
Show All Comments
Rainmaker
1,720,250
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

This is a very nice presentation of your market report. I have bookmarked it to remind me of your layout!

Jan 23, 2016 08:24 PM #1
Ambassador
2,688,591
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Good morning, Christopher! This is a great market report. Thanks for sharing this and I hope you have a lovely day ahead!

Jan 23, 2016 11:57 PM #2
Rainmaker
1,650,463
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

This is fantastic information. Thank you for sharing and best of luck!

Jan 24, 2016 12:12 AM #3
Rainmaker
420,385
Christopher Pagli
William Raveis Legends Realty Group - Tarrytown, NY
"I Stay Open Until You Close"

Nestor & Katerina Gasset  Jeremy K. Frost Thank you for the great feedback!

 

Jan 24, 2016 07:41 AM #4
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
420,385

Christopher Pagli

"I Stay Open Until You Close"
Feel Free To Ask Me Anything
*
*
*
*
Spam prevention

Additional Information