Westchester real estate saw tight inventory and fewer year over year sales in the first quarter. The median listed price was down 2% year over year and up 19% quarter over quarter, while average price per square foot was up 8% year over year and 12% quarter over quarter. Year over year new listings were down 8% and total inventory was down 34%. Homes spent an average of 53 days on the market, down from 66 in Q1 of 2021.
Figures in this report are based on publicly reported data from the OneKey MLS. Equal Housing Opportunity. All material presented herein is intended for informational purposes only. The sources are deemed to be reliable and the information is believed to be accurate, however the material is subject to errors, omissions, changes, or withdrawal without notice. All measurements and square footage are approximations. No statement is made as to the accuracy of any description.
