The Westchester real estate market slowed a bit in August, with the number of new listings dropping by 39% from July, a 22% year-over-year decrease. Inventory was also low, down 15% month-over-month and 22% year-over-year. Despite lower inventory, the median listed price dropped 6% from the previous month. Listings spent an average of 2 days longer on the market compared to July, which is a 15% drop year-over-year.
©2022 UMRO Realty Corp., dba The Agency®. 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. Figures in this report are based on publicly reported data from OneKey MLS. CalDRE #01904054