The Westchester residential housing market,
including single family, condo, co-op and
multifamily sales, reflected price stability despite
the highest sales total in at least 34 years and
falling supply. Median sales price for all residential
properties edged 0.8% higher to $529,000
from the prior year quarter, while the remaining
price indicators showed mixed results. Average
sales price slipped 2.9% to $696,654 and
average price per square foot increased 4.9%
to $319 respectively from the prior year quarter.
Countywide the number of sales expanded
5.5% to a record of 3,044 as the amount of
inventory slipped 2.7% to 5,653 respectively
from the same period last year…