Westchester County Real Estate Report: Q3 2024

October 9, 2024·Market Insights·1 min·

Discover key takeaways from the Q3 2024 Westchester County Real Estate Market Report, including pricing trends, days on market, and sales volume insights.

Trends & Insights for Single-Family Homes

Compass’ Q3 2024 Westchester County Market Report is here, and it paints a telling picture of current market conditions across the region. Whether you’re buying, selling, or just watching the market, here are the key highlights for single-family homes across the county compared to Q3 2023:

📉 -4.3% – Sales Transactions (fewer homes sold overall)
📈 +4.8% – Total Sales Volume (driven by rising prices)
💰 +9.9% – Median Sales Price (middle price point increased notably)
📊 +9.5% – Average Sales Price (showing continued strength in demand)
-14.0% – Average Days on Market (homes are selling faster)

What does this mean for you?
Despite fewer transactions, home values are up, and homes are selling more quickly, signaling a competitive and resilient market. For sellers, this could mean opportunity. For buyers, it underscores the importance of having a well-prepared and strategic approach.

Want to see the full report or explore data specific to your town, neighborhood, or property type (condos and co-ops included)? I’m happy to provide a custom breakdown based on your needs.

Let’s talk about how this data affects your goals in the Westchester market. Reach out to Amie Pisano today.

914.715.2632

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