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Elliman Report: Westchester & Putnam Sales 1Q 2012

There were 1,277 sales in the first quarter, 1.8% more than 1,254 sales in the same period last year. The market share for 1-family properties expanded to 59.1% from 57.5% over the same period. Condo market share edged up to 14.7% of all sales from 14.4% in the prior year quarter. Co-ops and 2-4-family properties declined over the same period to a 5.6% and 20.5% market share, respectively. In the 1-family market, the Northeast and South-Central regions showed large gains in market share of sales over the past year, while the remaining four regions experienced declines in market share…

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