🚨 STOP SCROLLING. 🚨 Did you just blink and miss the latest real estate shift? Westchester County’s market is serving up more twists than your favorite binge-worthy drama, and I’m here to spill the tea. ☕🏡
🔹 Buyers, you finally
have some breathing room! Median prices for single-family homes are up just
1.1% year-over-year ($880K). But before you start your K dot walk, know this:
inventory is down nearly 19%, meaning competition is still fierce. Want that
dream home? You better act fast and bid baby bid.
🔹 Condos: A surprising plot twist. The median price dropped by 5.2%, making this the best time in a while to buy one. More listings are hitting the market, and sellers are slightly more flexible. Translation? If you’ve been eyeing a low-maintenance lifestyle, your moment is now.
🔹 Co-ops: The underdog story. Prices jumped by 22.9%, proving once again that co-ops are Westchester’s best-kept secret. But beware—days on market have also stretched to 75 days, meaning some sellers are overestimating their pricing power.
💡 Key Takeaways:
✔️ Sellers, it’s still a strong
market, but pricing right is key—buyers are taking longer to decide.
✔️ Buyers, don’t let high interest rates scare you—home values are still climbing. Buy the home, refinance later.
✔️ Investors, condos and co-ops might be your best bet right now.
📣 Hot Take: Is the Westchester market shifting to favor buyers? Or are sellers still calling the shots? Drop your thoughts in the comments! ⬇️
#WestchesterRealEstate #BuyOrSell #WestchesterHomes #RealEstateTrends #MarketUpdate #AskHollingsworth