White Plains NY Real Estate Market Report March 2016

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

Sales

There were 14 unit sales in February. This is down 6.7% from 15 in February of 2015. This is the lowest unit sales have been since 8 in April, 2015. Sales/list price ratio in February moved up to 99.6% from 99.0% in January.

Prices

Median price in February was $586,690. This is down 36.6% from $925,000 in February of 2015. 3-month median price of $627,500 in February was up slightly from $570,000 in January but down moderately from $821,250 in February of 2015. Price per square foot in February was $280. This is down from $293 in January and down from $299 in February of 2015.

Inventory

Inventory of 81 in February was up 22.7% from 66 in January and up 39.7% from 58 in February of 2015. New listings of 33 in February were up considerably from 11 in January and way up from 17 in February of 2015. Months of supply of 4.1 in February was up moderately from 3.3 in January and up considerably from 3.3 in February of 2015.

Market Time

Days on market of 105 in February was way up from 70 in January and up moderately from 84 in February of 2015. This is the highest days on market has been since April, 2015.

 

Click this link to search for Westchester County Real Estate  

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:
The Lounge at Active Rain
Agents who want REFERRALS!
Posts to Localism
ActiveRain Network Referral Base
City and State
Tags:
market report
westchester county
real estate
white plains ny

Spam prevention
Show All Comments
Ambassador
1,486,626
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Christopher Pagli Very well done.  This is very informative for buyers, sellers and potential clients.  Thank you for taking the time to share this.

Mar 14, 2016 11:48 PM #1
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