Market
Single-Family Homes Sales Rise in the Bronx and Most Areas of the Lower Hudson Valley
While Westchester still showed the highest median in the region, it did fall from a record high of $1.118 million in August to $905,051 in September.
Report: Luxury Home Sales in Markets North of NYC Increased by Double Digits in the Third Quarter
The growing number of closed sales is concentrated in the lower end of the luxury market.
Northeast Pending Home Sales Fell Nearly 5% in August
The Northeast PHSI diminished 4.6% from last month to 61.6, a drop of 2.2% from August 2023.
NAR: U.S. Existing-Home Sales Dipped 2.5% in August
Existing-home sales in the Northeast in August faded 2.0% from July to an annual rate of 480,000, which was identical to August 2023.
HGAR: August Median Single-Family Home Sales Prices Rise in The Bronx and all Lower Hudson Valley Regions
Sales of single-family homes declined in all six areas, with the Bronx experiencing the largest decline at 18.5%, followed by Rockland County with a 10.6% drop.
New York Regional Single-Family Home Price Jumps 8.4% in August 2024
In terms of transaction volumes, closed sales for single-family homes, condominiums, and co-ops were all down 8.7% regionwide from last year.
NAR: ‘A Sales Recovery Did Not Occur in Midsummer;’ U.S. Pending Sales in July Were the Lowest on Record
The Northeast PHSI waned 1.4% from last month to 64.6, an increase of 2.4% from July 2023.
New York Regional Single-Family Home Price Increases by 8.9% in July 2024
When looking at transaction volumes, closed sales for single-family homes and condominiums were both up compared to last year, while co-op sales saw a decline.
Single-Family Home Sales Up in Almost All Lower Hudson Valley; Putnam County Sales Rose 44%; Median Sales Price Increased in All Regions
“Home sales are increasing throughout our region as a result of more properties being listed for sale, reflecting the strong demand that currently exists in the Hudson Valley,” said HGAR CEO Lynda Fernandez.
Northeast Home Sales Rose 4.3% in July; Single-Family Home Price Up 8.3% Compared to Year Earlier
Existing-home sales in the Northeast in July climbed 4.3% from June to an annual rate of 490,000, an increase of 2.1% from July 2023.
Realtor.com Predicts Inventory to Increase 14.5% in 2024; Home Prices to Rise 4.6%
Realtor.com has seen substantial improvement in inventory in the first half of 2024, climbing by more than 35% on a year-over-year basis.
Nearly 90% of Metro Areas Registered Home Price Gains in Second Quarter of 2024; NY Metro Region Among Top Markets for Price Increases
Two market areas that make up the New York metro region—New York-Jersey City-White Plains, NY-NJ (No. 7) and Dutchess County-Putnam County, NY (No. 9)—ranked among the top 10 metro areas for price increases in the second quarter.