The number of single family sales in Westchester County during October 2010 was down 17% compared to 2009. As I’ve discussed before, the federal tax credit incentivized buyers to close by September 30, so this was not a huge surprise.

Notice that the number of expired listings (homes that …

A few weeks ago, all I kept hearing was how the number of sales dropped 30% from June to July.... Here's the background, and a prediction of what's to come:

The second round of the federal housing tax credit required a signed contract by April 30, 2010. The closing …

At the end of July, there was about eleven months’ supply of inventory (single family homes) in Westchester. We are still firmly in a buyer’s market. There are still pockets of activity and yes, even some properties that are attracting multiple bids. Most homes, though, are just sitting on the …

There is about 14 months’ supply of inventory for Westchester – we remain firmly in a buyers’ market (anything more than 6 months is considered a buyers’ market). While there are still plenty of properties changing hands, only homes offering the most value, i.e., the best price for the given …

I am continually surprised at how shocked people are when I tell them that I am busy. On behalf of clients, I have been involved in half a dozen bidding wars over the past few weeks. Not all of the properties will sell above the asking price. The point remains, …

The number of single family sales continues to be brisk; through the end of March, there were 251 sales per month in Westchester County, on average, versus 142 at the same point http://www.jeremyzucker.com/last year. The median and average selling prices were up more than 11%. In a sign that sellers …

The first thing to note about the Westchester real estate market is how strongly volume has picked up. Though 2009 was a depressed year for sales, the rebound has been quite dramatic. Through the end of February, year-to-date sales were up almost 46% from the same point last year. Volume …

2009 was an exciting year in the real estate world! On the following pages, I have provided a summary of the past 3 years’ average and median price performance by school district. Perhaps things are not as bad as they seem from reading national news reports. For example, if you …

The Westchester real estate market continues to hold steady. For October 2009, the County as a whole had a 10% jump in single family transactions (from 10/2008). Average and median list prices and selling prices were up year-over-year, though overall, it is taking longer for properties to sell. The …