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[Stable Burb] 2Q 2012 Westchester & Putnam Report


We published our report on the Westchester/Putnam market for 2Q 2012 [2] this morning.   This is part of an evolving market report series I’ve been writing for Douglas Elliman [3] since 1994.

Key Points



Here’s an excerpt from the report:

…The Westchester housing market showed price stability, rising sales and falling inventory during the second quarter, as the regional economy continued to confront tight credit and a slowly improving economy. Median sales price was $459,000, essentially unchanged from $457,500 in the prior year quarter. Average sales price followed the same pattern. The average sales price was $645,208 in the second quarter, similar to $643,907 in the same period last year. Price per square foot, the least reliable of the three price indicators, reflected a 2.6% increase to $279 per square foot over the same period…

You can build your own custom data tables [4] on the Westchester & Putnam market – now updated with 2Q 12 data. I’ll have the newly created chart section for Westchester & Putnam uploaded this evening.

The Elliman Report: 2Q 2012 Westchester & Putnam Sales [Miller Samuel [2]]
The Elliman Report: 2Q 2012 Westchester & Putnam Sales [Prudential Douglas Elliman [5]]