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Westchester Putnam Real Estate Report: 2015 Third-Quarter

by Westchester Putnam Real Estate Market Statistics

Get “The Skinny” on the Westchester Putnam real estate market in this 2-minute video:

Below is an excerpt from the Hudson Gateway Association of Realtors’ (HGAR) 2015 third-quarter report for Westchester Putnam real estate.

The four-county region served by the Hudson Gateway Multiple Listing Service, Inc. continued to post high sales volumes and moderate price changes through the third quarter of this year. Realtors working in Westchester, Putnam, Rockland and Orange Counties reported a grand total of 5,231 closed transactions of single-family houses, condominiums, cooperatives, and 2-4 family houses during July, August and September, an increase of 687 units or 15.2% over the third quarter results of last year. On a year-to-date basis (January through September), there were 11,761sales – an increase of 1,581 sales or 15.5% over last year.

Of the four Counties, Orange posted the largest third quarter percentage increase. MLS Realtors there reported 1,008 sales or 30.1% more than last year. Putnam and Rockland Counties followed with third quarter gains of 21.1% and 16.3% respectively. Westchester posted the lowest increase, 10.3%, but because that County typically accounts for half or more of the total transactions in the region, the increase represented a substantial number of sales, 294 more than last year, bringing Westchester’s third quarter count to 3,157 sales. Read the complete report here.

To compare this report with earlier reports, visit HGAR.com.

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