White Plains NY Real Estate Report September 2016

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

Sales

There were 31 White Plains NY single family home sales in August. This is down 8.8% from 34 in August of 2015. This is the highest unit sales have been since 34 in August, 2015. Sales/list price ratio in August moved up to 99.0% from 97.9% in July.

Prices

Median price in August was $675,000. This is down 1.6% from $686,250 in August of 2015. 3-month median price of $675,000 in August was up a little from $641,500 in July and up modestly from $642,500 in August of 2015. Price per square foot in August was $307. This is up from $289 in July and up from $295 in August of 2015.

Inventory

Inventory of 81 in August was down 8.0% from 88 in July and down 20.6% from 102 in August of 2015. New listings of 14 in August were way down from 26 in July but up a little from 13 in August of 2015. Months of supply of 4.1 in August was down modestly from 4.4 in July and down somewhat from 5.7 in August of 2015.

Market Time

Days on market of 71 in August was up considerably from 34 in July and up modestly from 61 in August of 2015.

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Comments (1)

Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Christopher Pagli Thank you for taking the time to prepare and share this information.  This is perfect for buyers and sellers alike!

Sep 18, 2016 12:37 AM