Houlihan Lawrence Q4-2023 Westchester Putnam Dutchess Market Report

W E S TC H E S T E R , P U T N A M & D U TC H E S S

Market Report FULL YEAR 2023

FULL YEAR 2023 MARKET REPORT

EXECUTIVE SUMMARY The fourth quarter real estate landscape for 2023 in Westchester, Putnam and Dutchess counties has been marked by both challenges and opportunities. Notably, the market saw a continued decline in the number of sales, down approximately 21% on average, primarily due to the persistently low inventory levels over the past few years.

Despite this decline, median prices across most all our markets have increased, on average 9%, offering sellers favorable returns.

Amidst the inventory scarcity, however, we continue to benefit from the diverse offerings of recreation, cultural amenities, and vibrant communities our region has to offer. Most areas have sustained heightened demand across all price points, further fueling the competitive buyer environment. However, a small sign of change has emerged with a slight uptick in inventory observed in select luxury markets, though this remains an exception rather than the norm. The recent statements from the Federal Reserve indicating a potential reduction in interest rates mid-2024 may serve as a catalyst, prompting more buyers and sellers to enter the market and start to alleviate the inventory shortage.

As we close out the year, we would like to thank all our clients for their trust and business. Looking forward, we wish everyone a healthy and happy new year.

With Warm Regards, Liz Nunan President and CEO

P R O U D LY C L O S E D $ 6 . 5 B I L L I O N I N S A L E S A N D R E P R E S E N T E D O V E R 7, 8 0 0 B U Y E R S A N D S E L L E R S I N 2 0 2 3

PUT THE POWER OF THE # 1 B R O K E R AG E

N O R T H O F N YC T O W O R K F O R YO U .

914.220.7000

H O U L I H A N L AW R E N C E .CO M

OKMLS, MHMLS, CGNDMLS, SMARTMLS, 1/1/23-12/31/23, Total Volume Sold by company, Single Family, Westchester, Putnam, Dutchess, Columbia and Fairfield Counties combined. Source: 1/1/2023-12/31/23, total sales both on and off MLS.

TABLE OF CONTENTS FOURTH QUARTER 2023

WESTCHESTER COUNTY

NORTHERN WESTCHESTER

DUTCHESS COUNTY

Single Family Home Overview

Bedford, Byram Hills, Chappaqua, KatonahLewisboro, North Salem, Somers

Single Family Home Overview

NEW YORK CITY GATEWAY Mount Vernon, New Rochelle, Pelham, Yonkers

NORTHWEST WESTCHESTER Croton-Harmon, Hendrick Hudson, Lakeland, Peekskill, Yorktown

LOWER WESTCHESTER Bronxville, Eastchester, Edgemont, Scarsdale, Tuckahoe

THE RIVERTOWNS Ardsley, Briarcliff Manor, Dobbs Ferry, Elmsford, Hastings, Irvington, Mount Pleasant, Ossining, Pleasantville, Pocantico Hills, Tarrytown

GREATER WHITE PLAINS

SOUTHEAST DUTCHESS Beekman, Dover, Pawling, Union Vale

SOUTHWEST DUTCHESS WESTCHESTER COUNTY Condominium Overview

WESTCHESTER COUNTY

Beacon, East Fishkill, Fishkill, LaGrange, Poughkeepsie, Poughkeepsie/City, Wappinger

NORTHEAST DUTCHESS

Co-Operative Overview

Amenia, North East, Pine Plains, Stanford, Washington

PUTNAM COUNTY

NORTHWEST DUTCHESS

Greenburgh, Valhalla, White Plains

Brewster, Carmel, Garrison, Haldane, Mahopac, Putnam Valley

Clinton, Hyde Park, Milan, Pleasant Valley, Red Hook, Rhinebeck

THE SOUND SHORE

PUTNAM COUNTY

DUTCHESS COUNTY

Blind Brook, Harrison, Mamaroneck, Port Chester, Rye City, Rye Neck

Condominium Overview HOULIHANLAWRENCE.COM

Condominium Overview

WESTCHESTER COUNTY SINGLE FAMILY HOMES QUARTERLY MARKET OVERVIEW

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

1006

1254

-19.8%

4680

6131

-23.7%

AVERAGE SALE PRICE

$1,073,496

$967,594

10.9%

$1,140,373

$1,115,998

2.2%

MEDIAN SALE PRICE

$839,000

$751,382

11.7%

$850,000

$815,000

4.3%

AVERAGE PRICE PER SQUARE FOOT

$417

$388

7.5%

$424

$410

3.4%

% SALE PRICE TO LIST PRICE

101.7

99.5

2.2%

102.0

102.6

-0.6%

HOMES SOLD

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

46

89

1

95

120

1

-51.6%

-25.8%

$500,000 - $699,999

96

162

1

176

188

1

-45.5%

-13.8%

$700,000 - $999,999

116

169

1

162

180

1

-28.4%

-6.1%

$1,000,000 - $1,499,999

66

105

1

73

91

1

-9.6%

15.4%

$1,500,000 - $1,999,999

44

59

1

55

48

1

-20.0%

22.9%

$2,000,000 - $2,499,999

26

19

1

20

31

1

30.0%

-38.7%

$2,500,000 - $2,999,999

31

21

1

29

17

2

6.9%

23.5%

$3,000,000 - $3,999,999

29

17

2

32

21

2

-9.4%

-19.0%

PRICE RANGE

$4,000,000 and up

54

23

2

66

17

4

-18.2%

35.3%

Market Totals

508

664

1

708

713

1

-28.2%

-6.9%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$859,743

$836,232

$818,848

$851,401

$856,530

$850,017

$947,353

$1,041,703

$1,115,998

Average Price/SqFt

$308

$311

$309

$318

$320

$320

$337

$373

$410

$424

Average Price/SqFt

Days On Market

100

94

89

85

75

77

73

49

39

43

Days On Market

%Sale Price to List Price

96.7

97.0

97.0

97.4

97.2

96.6

98.1

100.0

102.6

102.0

%Sale Price to List Price

Source: Onekey MLS, SINGLE FAMILY HOMES

$1,140,373 Average Sale Price

NEW YORK CITY GATEWAY SINGLE FAMILY HOMES

HOMES SOLD SCHOOL DISTRICT

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

MOUNT VERNON

26

37

-30%

125

157

-20%

NEW ROCHELLE

62

70

-11%

284

332

-15%

PELHAM

21

22

-5%

94

117

-20%

YONKERS

131

132

-1%

465

567

-18%

NYC Gateway

240

261

-8%

968

1173

-18%

CLICK ON A SCHOOL DISTRICT FOR THE LATEST MONTHLY MARKET REPORT.

HOMES SOLD 2023 VS. 2022

MOUNT VERNON

NEW ROCHELLE

PELHAM

YONKERS

MEDIAN SALE PRICE 2023 VS. 2022

NEW ROCHELLE

1%

MEDIAN SALE PRICE Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

MOUNT VERNON

$609,000

$610,000

0%

$610,000

$610,000

0%

NEW ROCHELLE

$876,750

$884,000

-1%

$876,750

$830,000

6%

PELHAM

$1,300,000

$1,006,000

29%

$1,230,500

$1,153,000

7%

YONKERS

$650,000

$635,000

2%

$640,000

$639,000

0%

NYC Gateway

$706,500

$700,000

1%

$700,000

$695,000

1%

SCHOOL DISTRICT

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18%

houlihanlawrence.com/communities Source: Onekey MLS, Single-family homes, Zones 7 & 8

NEW YORK CITY GATEWAY SINGLE FAMILY HOMES MOUNT VERNON, NEW ROCHELLE, PELHAM, YONKERS Click on a School district to obtain the latest monthly market report.

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

$0 - $299,999

0

0

Not Valid

$300,000 -$399,999

7

6

1

$400,000 - $499,999

7

25

1

$500,000 - $599,999

11

20

$600,000 - $799,999

30

54

$800,000 - $999,999

21

$1,000,000 - $1,999,999 $2,000,000 and up

Market Totals

PRICE RANGE

SUPPLY: ACTIVE LISTINGS

2023 vs. 2022

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

2

1

2

-100.0%

-100.0%

10

13

1

-30.0%

-53.8%

28

25

1

-75.0%

0.0%

1

32

35

1

-65.6%

-42.9%

1

53

49

1

-43.4%

10.2%

29

1

32

20

2

-34.4%

45.0%

11

23

1

17

20

1

-35.3%

15.0%

11

2

6

7

2

4

57.1%

0.0%

98

159

1

181

165

1

-45.9%

-3.6%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$594,053

$602,911

$604,036

$627,067

$643,464

$637,214

$725,426

$770,893

$808,695

Average Price/SqFt

$260

$266

$272

$281

$297

$300

$319

$349

$380

$384

Average Price/SqFt

Days On Market

103

95

86

86

67

67

67

47

40

49

Days On Market

%Sale Price to List Price

96.6

97.4

97.6

98.0

97.7

98.1

98.3

100.2

101.9

101.3

%Sale Price to List Price

Source: Onekey MLS, Single-family homes, Zones 7 & 8

$827,632 Average Sale Price

LOWER WESTCHESTER SINGLE FAMILY HOMES

HOMES SOLD Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

BRONXVILLE

6

8

-25%

61

74

-18%

EASTCHESTER

17

27

-37%

91

124

-27%

EDGEMONT

15

9

67%

83

96

-14%

SCARSDALE

40

44

-9%

205

278

-26%

TUCKAHOE

6

11

-46%

40

60

-33%

Lower Westchester

84

99

-15%

480

632

-24%

SCHOOL DISTRICT

CLICK ON A SCHOOL DISTRICT FOR THE LATEST MONTHLY MARKET REPORT.

HOMES SOLD 2023 VS. 2022

BRONXVILLE

EASTCHESTER

EDGEMONT

SCARSDALE

24%

MEDIAN SALE PRICE

TUCKAHOE 2023 VS. 2022

0%

MEDIAN SALE PRICE SCARSDALE

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Q4 2023

Q4 2022

FULL YEAR 2022

% CHANGE

BRONXVILLE

$2,425,000

$1,675,000

45%

$2,525,000

$2,575,000

-2%

EASTCHESTER

$930,000

$851,000

9%

$905,000

$877,500

3%

EDGEMONT

$1,430,000

$920,000

55%

$1,350,000

$1,275,000

6%

SCARSDALE

$1,875,000

$1,577,500

19%

$1,975,000

$2,000,000

-1%

TUCKAHOE

$865,000

$791,700

9%

$887,500

$860,500

3%

Lower Westchester

$1,497,500

$1,275,000

18%

$1,505,000

$1,509,500

0%

SCHOOL DISTRICT

houlihanlawrence.com/communities Source: Onekey MLS, Single-family homes, Zone 6

% FULL CHANGE YEAR 2023

LOWER WESTCHESTER SINGLE FAMILY HOMES BRONXVILLE, EASTCHESTER, EDGEMONT, SCARSDALE, TUCKAHOE Click on a School district to obtain the latest monthly market report.

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

$0 - $499,999

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$500,000 - $699,999

5

1

5

2

2

1

150.0%

-50.0%

$700,000 - $999,999

7

12

1

13

15

1

-46.2%

-20.0%

$1,000,000 - $1,499,999

4

7

1

7

7

1

-42.9%

0.0%

$1,500,000 - $1,999,999

9

12

1

10

9

1

-10.0%

33.3%

$2,000,000 - $2,499,999

5

6

1

4

7

1

25.0%

-14.3%

$2,500,000 - $2,999,999

4

7

1

7

7

1

-42.9%

0.0%

$3,000,000 - $3,999,999

2

4

1

6

10

1

-66.7%

-60.0%

$4,000,000 and up

13

8

2

15

5

3

-13.3%

60.0%

Market Totals

49

57

1

64

62

1

-23.4%

-8.1%

PRICE RANGE

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$1,389,773

$1,406,473 $1,463,106

Average Price/SqFt

$443

$451

$442

$444

$439

Days On Market

76

74

82

86

%Sale Price to List Price

97.7

97.6

96.4

96.9

Source: Onekey MLS, Single-family homes, Zone 6

$1,505,917

$1,416,955 $1,399,705

$1,514,451

$1,632,770

$1,787,091

$1,856,002 Average Sale Price

$422

$435

$477

$533

$545

Average Price/SqFt

75

85

83

47

40

42

Days On Market

96.1

95.7

97.2

99.7

102.5

101.4

%Sale Price to List Price

THE RIVERTOWNS SINGLE FAMILY HOMES

HOMES SOLD SCHOOL DISTRICT

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

ARDSLEY

16

24

-33%

90

121

-26%

BRIARCLIFF MANOR

18

11

64%

62

60

3%

DOBBS FERRY

10

10

0%

45

73

-38%

ELMSFORD

14

19

-26%

50

87

-43%

HASTINGS

15

17

-12%

73

73

0%

IRVINGTON

19

18

6%

70

77

-9%

MOUNT PLEASANT

11

21

-48%

68

101

-33%

OSSINING

35

35

0%

156

167

-7%

PLEASANTVILLE

10

18

-44%

61

94

-35%

POCANTICO HILLS

2

3

-33%

11

17

-35%

TARRYTOWN

6

14

-57%

37

65

-43%

The Rivertowns

156

190

-18%

723

935

-23%

CLICK ON A SCHOOL DISTRICT FOR THE LATEST MONTHLY MARKET REPORT. ARDSLEY DOBBS FERRY HASTINGS MOUNT PLEASANT PLEASANTVILLE TARRYTOWN

HOMES SOLD

BRIARCLIFF MANOR ELMSFORD IRVINGTON OSSINING POCANTICO HILLS

2023 VS. 2022

23%

MEDIAN SALE PRICE 2023 VS. 2022

9%

MEDIAN SALE PRICE Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

ARDSLEY

$1,013,500

$799,500

27%

$855,000

$780,000

10%

BRIARCLIFF MANOR

$1,150,000

$1,190,000

-3%

$999,499

$1,140,000

-12%

DOBBS FERRY

$805,750

$788,500

2%

$858,000

$845,000

2%

ELMSFORD

$635,000

$605,000

5%

$619,000

$603,000

3%

HASTINGS

$999,000

$950,000

5%

$1,045,000

$950,000

10%

IRVINGTON

$1,400,000

$1,225,500

14%

$1,352,500

$1,275,000

6%

MOUNT PLEASANT

$680,000

$650,000

5%

$732,500

$665,000

10%

OSSINING

$580,000

$615,000

-6%

$606,000

$606,000

0%

PLEASANTVILLE

$837,000

$855,000

-2%

$830,000

$829,000

0%

POCANTICO HILLS

$705,000

$1,096,111

-36%

$1,120,000

$1,060,000

6%

TARRYTOWN

$1,162,500

$1,059,999

10%

$920,000

$975,000

-6%

The Rivertowns

$815,000

$799,000

2%

$830,000

$765,000

9%

SCHOOL DISTRICT

THE RIVERTOWNS

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houlihanlawrence.com/communities

Source: Onekey MLS, Single-family homes, Zone 3

THE RIVERTOWNS SINGLE FAMILY HOMES ARDSLEY, BRIARCLIFF MANOR, DOBBS FERRY, ELMSFORD, HASTINGS, IRVINGTON, MOUNT PLEASANT OSSINING, PLEASANTVILLE, POCANTICO HILLS, TARRYTOWN Click on a School district to obtain the latest monthly market report.

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $299,999

1

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$300,000 -$399,999

1

3

1

4

5

1

-75.0%

-40.0%

$400,000 - $499,999

3

7

1

3

15

1

0.0%

-53.3%

$500,000 - $599,999

6

10

1

11

14

1

-45.5%

-28.6%

$600,000 - $799,999

15

24

1

27

32

1

-44.4%

-25.0%

$800,000 - $999,999

10

17

1

15

21

1

-33.3%

-19.0%

$1,000,000 - $1,999,999

22

25

1

23

26

1

-4.3%

-3.8%

$2,000,000 and up

17

4

4

6

6

1

183.3%

-33.3%

Market Totals

75

90

1

89

119

1

-15.7%

-24.4%

PRICE RANGE

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$689,537

$692,908

$705,636

$740,944

$765,251

$732,079

$768,144

$839,444

$898,408

Average Price/SqFt

$294

$304

$308

$321

$323

$318

$326

$355

$391

$404

Average Price/SqFt

Days On Market

100

91

86

77

67

75

73

50

39

40

Days On Market

%Sale Price to List Price

98.2

97.6

98.7

98.9

100.3

97.6

98.5

100.1

103.4

103.2

%Sale Price to List Price

Source: Onekey MLS, Single-family homes, Zone 3

$949,001 Average Sale Price

GREATER WHITE PLAINS SINGLE FAMILY HOMES

HOMES SOLD SCHOOL DISTRICT

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

GREENBURGH

25

37

-32%

113

193

-42%

VALHALLA

15

24

-38%

56

81

-31%

WHITE PLAINS

48

64

-25%

208

266

-22%

Greater White Plains

88

125

-30%

377

540

-30%

CLICK ON A SCHOOL DISTRICT FOR THE LATEST MONTHLY MARKET REPORT.

HOMES SOLD 2023 VS. 2022

GREENBURGH WHITE PLAINS

30%

MEDIAN SALE PRICE

VALHALLA

2023 VS. 2022

9%

WHITE PLAINS MEDIAN SALE PRICE Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

GREENBURGH

$760,000

$660,000

15%

$722,000

$665,000

9%

VALHALLA

$680,000

$634,950

7%

$682,500

$660,000

3%

WHITE PLAINS

$840,000

$752,500

12%

$879,500

$788,500

12%

Greater White Plains

$792,500

$679,000

17%

$778,000

$714,250

9%

SCHOOL DISTRICT

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houlihanlawrence.com/communities Source: Onekey MLS, Single-family homes, Zone 4

GREATER WHITE PLAINS SINGLE FAMILY HOMES GREENBURGH, VALHALLA, WHITE PLAINS Click on a School district to obtain the latest monthly market report.

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

$0 - $299,999

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

$300,000 -$399,999

0

1

0

0

4

0

0.0%

-75.0%

$400,000 - $499,999

1

1

1

3

4

1

-66.7%

-75.0%

PRICE RANGE

% CHANGE IN PENDINGS

$500,000 - $599,999

5

9

1

7

7

1

-28.6%

28.6%

$600,000 - $799,999

16

17

1

13

30

1

23.1%

-43.3%

$800,000 - $999,999

5

9

1

6

10

1

-16.7%

-10.0%

$1,000,000 - $1,999,999

10

9

1

9

10

1

11.1%

-10.0%

$2,000,000 and up

1

0

Not Valid

1

1

1

0.0%

-100.0%

Market Totals

38

46

1

39

66

1

-2.6%

-30.3%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$595,020

$606,510

$593,753

$624,937

$650,930

$649,190

$692,816

$732,108

$777,058

Average Price/SqFt

$271

$284

$290

$300

$305

$308

$323

$351

$378

$399

Average Price/SqFt

Days On Market

93

84

84

68

63

71

59

42

33

35

Days On Market

%Sale Price to List Price

97.2

97.6

97.6

98.4

98.4

97.8

98.7

100.7

103.2

103.5

%Sale Price to List Price

Source: Onekey MLS, Single-family homes, Zone 4

$862,064 Average Sale Price

THE SOUND SHORE SINGLE FAMILY HOMES

HOMES SOLD Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

BLIND BROOK

15

26

-42%

90

132

-32%

HARRISON

27

32

-16%

125

174

-28%

MAMARONECK

32

43

-26%

204

267

-24%

PORT CHESTER

20

24

-17%

94

106

-11%

RYE CITY

23

24

-4%

120

166

-28%

RYE NECK

9

25

-64%

55

94

-42%

The Sound Shore

126

174

-28%

688

939

-27%

SCHOOL DISTRICT

CLICK ON A SCHOOL DISTRICT FOR THE LATEST MONTHLY MARKET REPORT.

HOMES SOLD 2023 VS. 2022

BLIND BROOK

HARRISON

MAMARONECK

PORT CHESTER

RYE CITY

RYE NECK

27%

MEDIAN SALE PRICE 2023 VS. 2022

5%

MEDIAN SALE PRICE Q4 2023

Q4 2022

FULL YEAR 2022

% CHANGE

BLIND BROOK

$1,276,000

$1,162,500

10%

$1,110,000

$1,087,000

2%

HARRISON

$1,525,000

$1,285,000

19%

$1,720,000

$1,676,000

3%

MAMARONECK

$1,361,009

$1,251,000

9%

$1,630,500

$1,455,000

12%

PORT CHESTER

$805,000

$575,000

40%

$680,000

$645,000

5%

RYE CITY

$2,550,000

$1,657,500

54%

$2,200,000

$2,147,500

2%

RYE NECK

$850,500

$812,500

5%

$1,162,000

$993,000

17%

The Sound Shore

$1,350,000

$1,150,000

17%

$1,414,000

$1,350,000

5%

SCHOOL DISTRICT

THE SOUND SHORE

Preview all our HD Videos of Westchester, Putnam and Dutchess

houlihanlawrence.com/communities Source: Onekey MLS, Single-family homes, Zone 5

% FULL CHANGE YEAR 2023

THE SOUND SHORE SINGLE FAMILY HOMES BLIND BROOK, HARRISON, MAMARONECK, PORT CHESTER, RYE CITY, RYE NECK Click on a School district to obtain the latest monthly market report.

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023 PRICE RANGE

SUPPLY: ACTIVE LISTINGS

AS OF DECEMBER 31, 2022

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

2023 vs. 2022

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

0

4

0

4

3

1

-100.0%

33.3%

$500,000 - $699,999

6

15

1

13

11

1

-53.8%

36.4%

$700,000 - $999,999

10

11

1

16

25

1

-37.5%

-56.0%

$1,000,000 - $1,499,999

6

18

1

14

14

1

-57.1%

28.6%

$1,500,000 - $1,999,999

7

18

1

10

19

1

-30.0%

-5.3%

$2,000,000 - $2,499,999

2

8

1

3

12

1

-33.3%

-33.3%

$2,500,000 - $2,999,999

10

4

3

9

3

3

11.1%

33.3%

$3,000,000 - $3,999,999

13

9

1

13

7

2

0.0%

28.6%

$4,000,000 and up

15

9

2

18

9

2

-16.7%

0.0%

Market Totals

69

96

1

100

103

1

-31.0%

-6.8%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$1,293,547 $1,364,699 $1,320,302 $1,353,465

$1,404,302 $1,355,790

$1,472,468

$1,592,056

$1,673,941

$1,705,072 Average Sale Price

Average Price/SqFt

$417

$433

$431

$436

$429

$422

$447

$484

$519

$548

Average Price/SqFt

Days On Market

86

87

77

78

78

81

66

52

38

44

Days On Market

%Sale Price to List Price

96.9

96.4

96.7

97.1

95.7

95.9

97.8

100.2

103.4

102.5

%Sale Price to List Price

Source: Onekey MLS, Single-family homes, Zone 5

NORTHERN WESTCHESTER SINGLE FAMILY HOMES

HOMES SOLD SCHOOL DISTRICT

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

BEDFORD

34

39

-13%

201

245

-18%

BYRAM HILLS

21

41

-49%

122

170

-28%

CHAPPAQUA

32

42

-24%

151

214

-29%

KATONAH LEWISBORO

39

44

-11%

172

216

-20%

NORTH SALEM

17

11

55%

57

56

2%

SOMERS

36

30

20%

135

167

-19%

Northern Westchester

179

207

-14%

838

1068

-22%

CLICK ON A SCHOOL DISTRICT FOR THE LATEST MONTHLY MARKET REPORT.

HOMES SOLD 2023 VS. 2022

BEDFORD

BYRAM HILLS

CHAPPAQUA

KATONAH-LEWISBORO

NORTH SALEM

SOMERS

22%

MEDIAN SALE PRICE 2023 VS. 2022

1%

MEDIAN SALE PRICE Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

BEDFORD

$1,102,500

$950,000

16%

$1,060,000

$999,000

6%

BYRAM HILLS

$1,270,000

$1,200,000

6%

$1,474,500

$1,420,750

4%

CHAPPAQUA

$1,130,750

$958,500

18%

$1,283,000

$1,310,000

-2%

KATONAH LEWISBORO

$925,000

$850,000

9%

$862,500

$887,500

-3%

NORTH SALEM

$751,319

$607,500

24%

$701,000

$625,000

12%

SOMERS

$736,250

$757,500

-3%

$692,000

$700,000

-1%

Northern Westchester

$975,000

$910,000

7%

$999,949

$986,500

1%

SCHOOL DISTRICT

BEDFORD

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houlihanlawrence.com/communities Source: Onekey MLS, Single-family homes, Zone 2

NORTHERN WESTCHESTER SINGLE FAMILY HOMES BEDFORD, BYRAM HILLS, CHAPPAQUA, KATONAH-LEWISBORO, NORTH SALEM, SOMERS Click on a School district to obtain the latest monthly market report.

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023 PRICE RANGE

SUPPLY: ACTIVE LISTINGS

AS OF DECEMBER 31, 2022

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

2023 vs. 2022

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $499,999

8

9

1

14

14

1

-42.9%

-35.7%

$500,000 - $699,999

12

21

1

29

26

1

-58.6%

-19.2%

$700,000 - $999,999

16

28

1

20

26

1

-20.0%

7.7%

$1,000,000 - $1,499,999

21

36

1

15

23

1

40.0%

56.5%

$1,500,000 - $1,999,999

12

11

1

16

8

2

-25.0%

37.5%

$2,000,000 - $2,499,999

11

2

6

12

7

2

-8.3%

-71.4%

$2,500,000 - $2,999,999

10

8

1

10

4

3

0.0%

100.0%

$3,000,000 - $3,999,999

10

3

3

7

4

2

42.9%

-25.0%

$4,000,000 and up

14

6

2

26

2

13

-46.2%

200.0%

Market Totals

114

124

1

149

114

1

-23.5%

8.8%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$1,020,148

$901,858

$868,326

$911,000

$893,432

$897,777

$984,186

$1,176,596

$1,314,679

Average Price/SqFt

$284

$284

$277

$285

$277

$280

$292

$340

$387

$395

Average Price/SqFt

Days On Market

119

110

105

105

96

91

90

54

42

45

Days On Market

%Sale Price to List Price

94.8

96.1

95.8

96.0

96.0

94.8

98.1

99.1

101.8

101.3

%Sale Price to List Price

Source: Onekey MLS, Single-family homes, Zone 2

$1,270,063 Average Sale Price

NORTHWEST WESTCHESTER SINGLE FAMILY HOMES

HOMES SOLD SCHOOL DISTRICT

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

CROTON HARMON

11

20

-45%

70

99

-29%

HENDRICK HUDSON

22

26

-15%

107

138

-23%

LAKELAND

43

83

-48%

202

311

-35%

PEEKSKILL

16

21

-24%

68

109

-38%

YORKTOWN

39

44

-11%

152

179

-15%

Northwest Westchester

131

194

-33%

599

836

-28%

CLICK ON A SCHOOL DISTRICT FOR THE LATEST MONTHLY MARKET REPORT.

HOMES SOLD 2023 VS. 2022

CROTON–HARMON

HENDRICK HUDSON

LAKELAND

PEEKSKILL

28%

MEDIAN SALE PRICE

YORKTOWN 2023 VS. 2022

6%

MEDIAN SALE PRICE

YORKTOWN

SCHOOL DISTRICT

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

CROTON HARMON

$970,000

$699,500

39%

$827,000

$787,000

5%

HENDRICK HUDSON

$687,500

$541,250

27%

$600,000

$574,500

4%

LAKELAND

$550,000

$505,000

9%

$552,500

$520,000

6%

PEEKSKILL

$487,500

$469,000

4%

$480,000

$481,000

0%

YORKTOWN

$670,000

$650,000

3%

$649,950

$650,000

0%

Northwest Westchester

$610,000

$550,000

11%

$599,000

$565,000

6%

Preview all our HD Videos of Westchester, Putnam and Dutchess

houlihanlawrence.com/communities Source: Onekey MLS, Single-family homes, Zone 1

NORTHWEST WESTCHESTER SINGLE FAMILY HOMES CROTON–HARMON, HENDRICK HUDSON, LAKELAND, PEEKSKILL, YORKTOWN Click on a School district to obtain the latest monthly market report.

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

$0 - $299,999

4

8

$300,000 -$399,999

2

7

$400,000 - $499,999

12

PRICE RANGE

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

1

2

5

1

100.0%

60.0%

1

5

5

1

-60.0%

40.0%

17

1

20

26

1

-40.0%

-34.6%

$500,000 - $599,999

8

16

1

17

22

1

-52.9%

-27.3%

$600,000 - $799,999

19

27

1

15

14

1

26.7%

92.9%

$800,000 - $999,999

8

9

1

16

9

2

-50.0%

0.0%

$1,000,000 - $1,999,999

8

5

2

6

3

2

33.3%

66.7%

$2,000,000 and up

2

0

Not Valid

3

0

Not Valid

-33.3%

0.0%

Market Totals

63

89

1

84

84

1

-25.0%

6.0%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$421,844

$431,339

$419,440

$441,752

$456,746

$483,257

$514,427

$581,831

$626,629

Average Price/SqFt

$202

$208

$210

$221

$229

$240

$256

$286

$308

$326

Average Price/SqFt

Days On Market

108

102

94

83

72

71

63

46

37

37

Days On Market

%Sale Price to List Price

96.2

97.7

98.2

98.8

98.9

98.6

99.3

101.3

102.0

102.3

%Sale Price to List Price

Source: Onekey MLS, Single-family homes, Zone 1

$655,797 Average Sale Price

WESTCHESTER COUNTY CONDOMINIUMS QUARTERLY MARKET OVERVIEW

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

260

296

-12.2%

1095

1493

-26.7%

AVERAGE SALE PRICE

$596,659

$570,048

4.7%

$585,090

$570,556

2.5%

MEDIAN SALE PRICE

$479,000

$437,500

9.5%

$464,000

$450,000

3.1%

AVERAGE PRICE PER SQUARE FOOT

$415

$396

4.8%

$409

$402

1.7%

AVERAGE DAYS ON MARKET

43

45

-4.4%

46

51

-9.8%

% SALE PRICE TO LIST PRICE

100.4

100.3

0.1%

100.2

100.3

-0.1%

UNITS SOLD

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023 PRICE RANGE

SUPPLY: ACTIVE LISTINGS

AS OF DECEMBER 31, 2022

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $299,999

14

12

1

32

22

1

-56.3%

-45.5%

$300,000 -$399,999

36

42

1

30

42

1

20.0%

0.0%

$400,000 - $499,999

29

36

1

35

26

1

-17.1%

38.5%

$500,000 - $599,999

15

17

1

14

19

1

7.1%

-10.5%

$600,000 - $799,999

16

28

1

7

17

1

128.6%

64.7%

$800,000 - $999,999

12

9

1

10

8

1

20.0%

12.5%

$1,000,000 - $1,999,999

31

38

1

23

18

1

34.8%

111.1%

$2,000,000 and up

13

8

2

14

2

7

-7.1%

300.0%

Market Totals

166

190

1

165

154

1

0.6%

23.4%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$423,349

$428,530

$422,642

$443,221

$442,707

$458,771

$482,135

$550,550

$570,556

Average Price/SqFt

$288

$300

$309

$314

$324

$336

$342

$383

$402

$409

Average Price/SqFt

Days On Market

94

88

83

72

67

69

66

58

51

46

Days On Market

%Sale Price to List Price

96.8

97.3

97.4

97.8

97.8

97.5

97.8

99.3

100.3

100.2

%Sale Price to List Price

Source: Onekey MLS, Condominiums

$585,090 Average Sale Price

WESTCHESTER COUNTY CO-OPERATIVES QUARTERLY MARKET OVERVIEW

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

450

459

-2.0%

1734

2146

-19.2%

AVERAGE SALE PRICE

$244,565

$224,547

8.9%

$232,752

$230,871

0.8%

MEDIAN SALE PRICE

$200,000

$193,000

3.6%

$196,750

$195,400

0.7%

AVERAGE PRICE PER SQUARE FOOT

$248

$232

6.9%

$240

$236

1.7%

AVERAGE DAYS ON MARKET

66

72

-8.3%

72

72

0.0%

% SALE PRICE TO LIST PRICE

98.9

98.4

0.5%

98.6

98.5

0.1%

UNITS SOLD

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $299,999

247

374

1

372

401

1

-33.6%

-6.7%

$300,000 -$399,999

25

39

1

42

38

1

-40.5%

2.6%

$400,000 - $499,999

9

8

1

16

11

1

-43.8%

-27.3%

$500,000 - $599,999

7

2

4

7

4

2

0.0%

-50.0%

$600,000 - $799,999

5

8

1

8

6

1

-37.5%

33.3%

$800,000 - $999,999

4

4

1

0

3

0

0.0%

33.3%

$1,000,000 - $1,999,999

0

2

0

1

1

1

-100.0%

100.0%

PRICE RANGE

$2,000,000 and up

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

Market Totals

297

437

1

446

464

1

-33.4%

-5.8%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$179,691

$179,406

$185,854

$187,951

$198,839

$204,529

$219,766

$222,699

$230,871

Average Price/SqFt

$174

$179

$188

$193

$204

$214

$225

$228

$236

$240

Average Price/SqFt

Days On Market

139

124

103

95

77

68

66

72

72

72

Days On Market

%Sale Price to List Price

95.5

96.1

96.8

97.5

97.9

98.0

97.7

97.9

98.5

98.6

%Sale Price to List Price

Source: Onekey MLS, Co-Operatives

$232,752 Average Sale Price

PUTNAM COUNTY SINGLE FAMILY HOMES

HOMES SOLD Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

BREWSTER

31

48

-35%

160

220

-27%

CARMEL

53

73

-27%

268

326

-18%

GARRISON

7

3

133%

24

30

-20%

HALDANE

14

8

75%

41

47

-13%

LAKELAND

5

10

-50%

21

44

-52%

MAHOPAC

62

64

-3%

192

276

-30%

PUTNAM VALLEY

28

41

-32%

96

121

-21%

Putnam county

200

247

-19%

802

1064

-25%

SCHOOL DISTRICT

CLICK ON A SCHOOL DISTRICT FOR THE LATEST MONTHLY MARKET REPORT.

HOMES SOLD 2023 VS. 2022

BREWSTER GARRISON LAKELAND PUTNAM VALLEY

CARMEL HALDANE MAHOPAC

25%

MEDIAN SALE PRICE 2023 VS. 2022

1%

MEDIAN SALE PRICE Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

BREWSTER

$560,000

$455,000

23%

$478,500

$450,000

6%

CARMEL

$480,000

$410,000

17%

$443,500

$415,501

7%

GARRISON

$625,000

$925,000

-32%

$687,500

$770,750

-11%

HALDANE

$702,500

$640,000

10%

$655,000

$760,000

-14%

LAKELAND

$387,500

$535,500

-28%

$510,000

$525,000

-3%

MAHOPAC

$532,500

$540,000

-1%

$527,450

$540,000

-2%

PUTNAM VALLEY

$415,562

$430,000

-3%

$429,000

$452,000

-5%

Putnam county

$520,000

$479,900

8%

$480,000

$486,500

-1%

SCHOOL DISTRICT

BREWSTER-MAHOPAC

Preview all our HD Videos of Westchester, Putnam and Dutchess

houlihanlawrence.com/communities Source: Onekey MLS, Single-family homes, Zone 9

PUTNAM COUNTY SINGLE FAMILY HOMES BREWSTER, CARMEL, GARRISON, HALDANE, LAKELAND, MAHOPAC, PUTNAM VALLEY Click on a School district to obtain the latest monthly market report.

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023 PRICE RANGE

SUPPLY: ACTIVE LISTINGS

AS OF DECEMBER 31, 2022

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $299,999

3

15

1

19

23

1

-84.2%

-34.8%

$300,000 -$399,999

13

24

1

30

37

1

-56.7%

-35.1%

$400,000 - $499,999

14

32

1

27

38

1

-48.1%

-15.8%

$500,000 - $599,999

17

23

1

27

18

2

-37.0%

27.8%

$600,000 - $799,999

30

28

1

39

30

1

-23.1%

-6.7%

$800,000 - $999,999

17

8

2

19

15

1

-10.5%

-46.7%

$1,000,000 - $1,999,999

19

3

6

17

2

9

11.8%

50.0%

$2,000,000 and up

10

3

3

7

1

7

42.9%

200.0%

Market Totals

123

136

1

185

164

1

-33.5%

-17.1%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$362,044

$354,312

$358,374

$367,059

$390,203

$381,140

$433,668

$498,629

$541,021

Average Price/SqFt

$175

$174

$176

$183

$195

$197

$210

$246

$267

$277

Average Price/SqFt

Days On Market

142

136

123

112

90

77

79

58

48

55

Days On Market

%Sale Price to List Price

94.9

95.8

96.5

96.8

97.4

97.5

97.6

99.9

100.4

100.8

%Sale Price to List Price

Source: Onekey MLS, Single-family homes, Zone 9

$540,908 Average Sale Price

PUTNAM COUNTY CONDOMINIUMS QUARTERLY MARKET OVERVIEW

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

38

32

18.8%

114

168

-32.1%

AVERAGE SALE PRICE

$356,528

$311,610

14.4%

$347,206

$317,437

9.4%

MEDIAN SALE PRICE

$335,000

$294,000

13.9%

$335,000

$295,000

13.6%

AVERAGE PRICE PER SQUARE FOOT

$272

$233

16.7%

$266

$241

10.4%

AVERAGE DAYS ON MARKET

35

34

2.9%

49

41

19.5%

% SALE PRICE TO LIST PRICE

102.7

101.7

1.0%

101.2

101.0

0.2%

UNITS SOLD

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

$0 - $299,999

3

6

1

$300,000 -$399,999

4

9

1

$400,000 - $499,999

2

1

2

$500,000 - $599,999

0

0

Not Valid

$600,000 - $799,999

0

0

$800,000 - $999,999

0

0

$1,000,000 - $1,999,999

0

$2,000,000 and up

Market Totals

PRICE RANGE

SUPPLY: ACTIVE LISTINGS

2023 vs. 2022

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

3

7

8

14

1

0.0%

-14.3%

1

-50.0%

-35.7%

0

0

Not Valid

0.0%

0.0%

1

0

Not Valid

-100.0%

0.0%

Not Valid

2

0

Not Valid

-100.0%

0.0%

Not Valid

0

0

Not Valid

0.0%

0.0%

0

Not Valid

0

0

Not Valid

0.0%

0.0%

0

0

Not Valid

0

0

Not Valid

0.0%

0.0%

9

16

1

14

21

1

-35.7%

-23.8%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$254,240

$279,172

$246,529

$241,929

$276,336

$253,968

$262,118

$296,474

$317,437

$347,206 Average Sale Price

Average Price/SqFt

$163

$176

$166

$168

$194

$187

$203

$215

$241

$266

Average Price/SqFt

Days On Market

116

124

121

88

76

64

82

46

41

49

Days On Market

%Sale Price to List Price

95.8

97.0

97.4

96.9

98.4

98.1

97.9

99.7

101.0

101.2

%Sale Price to List Price

Source: Onekey MLS, Condominiums

DUTCHESS COUNTY SINGLE FAMILY HOMES QUARTERLY MARKET OVERVIEW

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

401

529

-24.2%

1703

2162

-21.2%

AVERAGE SALE PRICE

$497,516

$477,514

4.2%

$489,525

$509,529

-3.9%

MEDIAN SALE PRICE

$432,000

$400,000

8.0%

$425,000

$411,000

3.4%

AVERAGE PRICE PER SQUARE FOOT

$251

$227

10.6%

$409

$247

65.6%

% SALE PRICE TO LIST PRICE

100.2

98.7

1.5%

99.6

99.3

0.3%

HOMES SOLD

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $299,999

51

25

2

82

46

2

-37.8%

-45.7%

$300,000 -$399,999

51

47

1

110

85

1

-53.6%

-44.7%

$400,000 - $499,999

58

38

2

94

50

2

-38.3%

-24.0%

$500,000 - $599,999

55

18

3

57

31

2

-3.5%

-41.9%

$600,000 - $799,999

97

26

4

77

39

2

26.0%

-33.3%

$800,000 - $999,999

36

7

5

31

9

3

16.1%

-22.2%

$1,000,000 - $1,999,999

40

7

6

50

11

5

-20.0%

-36.4%

$2,000,000 and up

28

6

5

20

5

4

40.0%

20.0%

Market Totals

416

174

2

521

276

2

-20.2%

-37.0%

PRICE RANGE

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$287,420

$282,862

$286,860

$298,238

$331,954

$334,166

$419,851

$474,640

$509,529

Average Price/SqFt

$133

$133

$135

$146

$156

$164

$189

$216

$234

$239

Average Price/SqFt

Days On Market

171

171

173

156

149

141

139

129

105

94

Days On Market

%Sale Price to List Price

93.7

94.9

96.1

96.8

97.2

97.0

98.6

99.9

99.3

99.6

%Sale Price to List Price

Source: Mid-Hudson Multiple Listing Service, Residential-detached homes.

$489,525 Average Sale Price

SOUTHWEST DUTCHESS SINGLE FAMILY HOMES

HOMES SOLD Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

BEACON

12

20

-40%

62

92

-33%

EAST FISHKILL

44

58

-24%

161

226

-29%

FISHKILL

16

21

-24%

81

106

-24%

LA GRANGE

28

39

-28%

136

162

-16%

POUGHKEEPSIE TWP

67

73

-8%

306

353

-13%

POUGHKEEPSIE CITY

25

38

-34%

92

133

-31%

WAPPINGER

31

39

-21%

125

140

-11%

Southwest Dutchess

223

288

-23%

963

1212

-21%

TOWN/CITY

CLICK TO OBTAIN A SPECIFIC TOWN/CITY MONTHLY MARKET REPORT.

HOMES SOLD 2023 VS. 2022

BEACON FISHKILL POUGHKEEPSIE TWP WAPPINGER

EAST FISHKILL LA GRANGE POUGHKEEPSIE CITY

21%

AVERAGE SALE PRICE 2023 VS. 2022

4%

AVERAGE SALE PRICE Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

BEACON

$500,000

$437,500

14%

$548,750

$525,000

5%

EAST FISHKILL

$588,000

$523,500

12%

$571,000

$509,875

12%

FISHKILL

$470,500

$415,000

13%

$466,000

$437,500

7%

LA GRANGE

$445,000

$420,000

6%

$440,575

$439,000

0%

POUGHKEEPSIE TWP

$380,000

$350,500

8%

$372,500

$367,500

1%

POUGHKEEPSIE CITY

$351,000

$331,950

6%

$350,000

$339,200

3%

WAPPINGER

$495,000

$415,000

19%

$430,000

$425,000

1%

Southwest Dutchess

$439,000

$400,250

10%

$425,000

$410,000

4%

TOWN/CITY

POUGHKEEPSIE AREA

Preview all our HD Videos of Westchester, Putnam and Dutchess

houlihanlawrence.com/communities Source: Mid-Hudson Multiple Listing Service reports the Average Sale Price.

SOUTHWEST DUTCHESS SINGLE FAMILY HOMES BEACON, EAST FISHKILL, FISHKILL, LA GRANGE, POUGHKEEPSIE TWP, POUGHKEEPSIE CITY, WAPPINGER Click to obtain a specific town/city monthly market report.

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023 PRICE RANGE

SUPPLY: ACTIVE LISTINGS

AS OF DECEMBER 31, 2022

2023 vs. 2022

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $299,999

27

13

2

39

22

2

-30.8%

-40.9%

$300,000 -$399,999

34

29

1

65

56

1

-47.7%

-48.2%

$400,000 - $499,999

32

28

1

55

31

2

-41.8%

-9.7%

$500,000 - $599,999

29

10

3

29

19

2

0.0%

-47.4%

$600,000 - $799,999

46

17

3

43

21

2

7.0%

-19.0%

$800,000 - $999,999

17

4

4

20

4

5

-15.0%

0.0%

$1,000,000 - $1,999,999

7

0

Not Valid

11

2

6

-36.4%

-100.0%

$2,000,000 and up

2

0

Not Valid

2

2

1

0.0%

-100.0%

Market Totals

194

101

2

264

157

2

-26.5%

-35.7%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$264,321

$264,243

$275,742

$282,042

$314,304

$323,063

$361,418

$411,024

$447,518

Average Price/SqFt

$126

$128

$133

$141

$152

$163

$178

$203

$223

$230

Average Price/SqFt

Days On Market

165

164

170

154

144

138

130

125

99

91

Days On Market

%Sale Price to List Price

96.1

96.5

97.7

98.0

98.9

98.3

99.3

100.9

100.6

99.9

%Sale Price to List Price

Source: Mid-Hudson Multiple Listing Service, Residential-detached homes.

$465,741 Average Sale Price

SOUTHEAST DUTCHESS SINGLE FAMILY HOMES

HOMES SOLD Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

BEEKMAN

13

21

-38%

52

96

-46%

DOVER

4

10

-60%

27

48

-44%

PAWLING

7

9

-22%

26

42

-38%

UNION VALE

6

8

-25%

39

45

-13%

Southeast Dutchess

30

48

-38%

144

231

-38%

TOWN/CITY

CLICK TO OBTAIN A SPECIFIC TOWN/CITY MONTHLY MARKET REPORT.

HOMES SOLD 2023 VS. 2022

BEEKMAN

DOVER

PAWLING

UNION VALE

AVERAGE SALE PRICE 2023 VS. 2022

DUTCHESS COUNTY

12%

AVERAGE SALE PRICE Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

BEEKMAN

$510,000

$525,000

-3%

$512,500

$450,000

14%

DOVER

$402,000

$325,000

24%

$300,000

$331,000

-9%

PAWLING

$535,000

$529,000

1%

$537,500

$539,450

0%

UNION VALE

$570,000

$452,500

26%

$495,000

$480,000

3%

Southeast Dutchess

$510,000

$430,000

19%

$488,750

$437,000

12%

TOWN/CITY

Preview all our HD Videos of Westchester, Putnam and Dutchess

38%

houlihanlawrence.com/communities Source: Mid-Hudson Multiple Listing Service reports the Average Sale Price.

SOUTHEAST DUTCHESS SINGLE FAMILY HOMES BEEKMAN, DOVER, PAWLING, UNION VALE Click to obtain a specific town/city monthly market report.

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

$0 - $299,999

5

5

1

9

5

2

-44.4%

0.0%

$300,000 -$399,999

2

2

1

6

7

1

-66.7%

-71.4%

$400,000 - $499,999

9

4

2

8

5

2

12.5%

-20.0%

$500,000 - $599,999

10

4

3

10

4

3

0.0%

0.0%

$600,000 - $799,999

3

3

1

11

8

1

-72.7%

-62.5%

$800,000 - $999,999

5

0

Not Valid

4

0

Not Valid

25.0%

0.0%

$1,000,000 - $1,999,999

7

0

Not Valid

6

0

Not Valid

16.7%

0.0%

$2,000,000 and up

0

1

0

1

0

Not Valid

-100.0%

0.0%

Market Totals

41

19

2

55

29

2

-25.5%

-34.5%

PRICE RANGE

% CHANGE IN PENDINGS

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$300,413

$303,007

$290,055

$307,284

$310,391

$334,548

$390,608

$501,923

$494,267

Average Price/SqFt

$131

$134

$130

$134

$157

$155

$178

$212

$213

$223

Average Price/SqFt

Days On Market

178

195

187

167

156

140

146

135

119

99

Days On Market

%Sale Price to List Price

95.4

94.1

94.3

95.9

96.2

95.9

97.2

98.8

99.2

99.7

%Sale Price to List Price

Source: Mid-Hudson Multiple Listing Service, Residential-detached homes.

$515,306 Average Sale Price

NORTHWEST DUTCHESS SINGLE FAMILY HOMES

HOMES SOLD Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

CLINTON

8

12

-33%

33

53

-38%

HYDE PARK

52

53

-2%

176

179

-2%

MILAN

6

9

-33%

17

30

-43%

PLEASANT VALLEY

17

24

-29%

69

83

-17%

RED HOOK

14

16

-13%

67

61

10%

RHINEBECK

10

15

-33%

59

64

-8%

Northwest Dutchess

107

129

-17%

421

470

-10%

TOWN/CITY

CLICK TO OBTAIN A SPECIFIC TOWN/CITY MONTHLY MARKET REPORT.

HOMES SOLD 2023 VS. 2022

CLINTON

HYDE PARK

MILAN

PLEASANT VALLEY

RED HOOK

RHINEBECK

10%

AVERAGE SALE PRICE 2023 VS. 2022

2%

AVERAGE SALE PRICE

DUTCHESS COUNTY

Preview all our HD Videos of Westchester, Putnam and Dutchess

TOWN/CITY

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

CLINTON

$510,500

$470,000

9%

$569,000

$650,000

-13%

HYDE PARK

$350,000

$310,000

13%

$347,250

$325,000

7%

MILAN

$567,500

$506,000

12%

$510,000

$616,000

-17%

PLEASANT VALLEY

$382,500

$392,000

-2%

$390,000

$389,000

0%

RED HOOK

$552,500

$386,000

43%

$545,000

$500,000

9%

RHINEBECK

$557,500

$862,500

-35%

$616,750

$725,000

-15%

Northwest Dutchess

$389,000

$385,000

1%

$409,000

$400,500

2%

houlihanlawrence.com/communities Source: Mid-Hudson Multiple Listing Service reports the Average Sale Price.

NORTHWEST DUTCHESS SINGLE FAMILY HOMES CLINTON, HYDE PARK, MILAN, PLEASANT VALLEY, RED HOOK, RHINEBECK Click to obtain a specific town/city monthly market report.

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023 PRICE RANGE

SUPPLY: ACTIVE LISTINGS

AS OF DECEMBER 31, 2022

2023 vs. 2022

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $299,999

11

7

2

20

16

1

-45.0%

-56.3%

$300,000 -$399,999

9

11

1

26

12

2

-65.4%

-8.3%

$400,000 - $499,999

10

2

5

17

9

2

-41.2%

-77.8%

$500,000 - $599,999

11

4

3

16

5

3

-31.3%

-20.0%

$600,000 - $799,999

44

5

9

17

10

2

158.8%

-50.0%

$800,000 - $999,999

9

2

5

5

4

1

80.0%

-50.0%

$1,000,000 - $1,999,999

13

6

2

16

5

3

-18.8%

20.0%

$2,000,000 and up

13

4

3

10

2

5

30.0%

100.0%

Market Totals

120

41

3

127

63

2

-5.5%

-34.9%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$308,849

$282,114

$280,385

$304,969

$343,282

$348,848

$492,055

$530,425

$592,518

Average Price/SqFt

$144

$132

$137

$149

$158

$166

$209

$235

$257

$254

Average Price/SqFt

Days On Market

176

169

164

153

147

141

143

125

107

94

Days On Market

%Sale Price to List Price

93.2

94.1

94.8

96.2

95.9

96.1

99.6

100.4

97.6

99.2

%Sale Price to List Price

Source: Mid-Hudson Multiple Listing Service, Residential-detached homes.

$508,566 Average Sale Price

NORTHEAST DUTCHESS SINGLE FAMILY HOMES

HOMES SOLD Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

AMENIA

9

8

13%

34

41

-17%

NORTH EAST

3

4

-25%

11

14

-21%

PINE PLAINS

2

6

-67%

17

22

-23%

STANFORD

6

12

-50%

27

36

-25%

WASHINGTON

10

12

-17%

26

36

-28%

Northeast Dutchess

30

42

-29%

115

149

-23%

TOWN/CITY

CLICK TO OBTAIN A SPECIFIC TOWN/CITY MONTHLY MARKET REPORT.

HOMES SOLD 2023 VS. 2022

AMENIA

NORTH EAST

PINE PLAINS

STANFORD

23%

AVERAGE SALE PRICE

WASHINGTON 2023 VS. 2022

7%

AVERAGE SALE PRICE DUTCHESS COUNTY

Preview all our HD Videos of Westchester, Putnam and Dutchess

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

AMENIA

$260,000

$320,500

-19%

$314,500

$362,500

-13%

NORTH EAST

$515,000

$269,000

91%

$515,000

$372,500

38%

PINE PLAINS

$316,444

$331,600

-5%

$350,000

$348,250

1%

STANFORD

$535,000

$645,000

-17%

$425,000

$602,500

-30%

WASHINGTON

$458,500

$483,150

-5%

$622,500

$753,750

-17%

Northeast Dutchess

$403,000

$419,000

-4%

$406,000

$435,000

-7%

TOWN/CITY

houlihanlawrence.com/communities Source: Mid-Hudson Multiple Listing Service reports the Average Sale Price.

NORTHEAST DUTCHESS SINGLE FAMILY HOMES AMENIA, NORTH EAST, PINE PLAINS, STANFORD, WASHINGTON Click to obtain a specific town/city monthly market report.

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $299,999

6

0

Not Valid

11

2

6

-45.5%

-100.0%

$300,000 -$399,999

4

4

1

11

5

2

-63.6%

-20.0%

$400,000 - $499,999

5

3

2

8

3

3

-37.5%

0.0%

$500,000 - $599,999

5

0

Not Valid

2

2

1

150.0%

-100.0%

$600,000 - $799,999

4

0

Not Valid

5

0

Not Valid

-20.0%

0.0%

$800,000 - $999,999

5

0

Not Valid

2

0

Not Valid

150.0%

0.0%

$1,000,000 - $1,999,999

13

1

13

16

4

4

-18.8%

-75.0%

$2,000,000 and up

13

1

13

7

1

7

85.7%

0.0%

Market Totals

55

9

6

62

17

4

-11.3%

-47.1%

PRICE RANGE

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$463,158

$472,708

$439,423

$430,139

$553,985

$432,414

$684,243

$831,763

$835,798

Average Price/SqFt

$167

$188

$166

$201

$197

$179

$222

$271

$280

$253

Average Price/SqFt

Days On Market

208

212

212

193

198

186

191

162

130

120

Days On Market

%Sale Price to List Price

80.5

88.9

91.3

92.6

92.0

91.1

95.3

96.2

97.1

97.0

%Sale Price to List Price

Source: Mid-Hudson Multiple Listing Service, Residential-detached homes.

$602,048 Average Sale Price

DUTCHESS COUNTY CONDOMINIUMS QUARTERLY MARKET OVERVIEW

Q4 2023

Q4 2022

% CHANGE

FULL YEAR 2023

FULL YEAR 2022

% CHANGE

99

111

-10.8%

388

515

-24.7%

AVERAGE SALE PRICE

$383,124

$293,728

30.4%

$358,637

$292,901

22.4%

MEDIAN SALE PRICE

$338,501

$270,000

25.4%

$315,000

$270,000

16.7%

AVERAGE PRICE PER SQUARE FOOT

$247

$214

15.4%

$237

$212

11.8%

AVERAGE DAYS ON MARKET

94

95

-1.1%

87

97

-10.3%

% SALE PRICE TO LIST PRICE

100.2

99.0

1.2%

100.2

100.8

-0.6%

UNITS SOLD

SUPPLY DEMAND ANALYSIS AS OF DECEMBER 31, 2023

AS OF DECEMBER 31, 2022

2023 vs. 2022

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

SUPPLY: ACTIVE LISTINGS

DEMAND: PENDING SALES

SUPPLY/ DEMAND RATIO*

% CHANGE IN LISTINGS

% CHANGE IN PENDINGS

$0 - $299,999

22

18

1

34

33

1

-35.3%

-45.5%

$300,000 -$399,999

10

5

2

9

12

1

11.1%

-58.3%

$400,000 - $499,999

7

2

4

5

4

1

40.0%

-50.0%

$500,000 - $599,999

9

5

2

1

2

1

800.0%

150.0%

$600,000 - $799,999

13

6

2

17

0

Not Valid

-23.5%

0.0%

$800,000 - $999,999

1

3

1

5

1

5

-80.0%

200.0%

$1,000,000 - $1,999,999

1

1

1

4

0

Not Valid

-75.0%

0.0%

PRICE RANGE

$2,000,000 and up

0

1

0

0

0

Not Valid

0.0%

0.0%

Market Totals

63

41

2

75

52

1

-16.0%

-21.2%

*Supply Demand Ratio Key 1-4: High Demand 5-6: Balanced 7-9: Low Demand 10+: Very Low Demand

TEN-YEAR MARKET HISTORY

Average Sale Price

$205,677

$191,248

$196,896

$195,776

$208,519

$218,425

$249,159

$266,743

$292,901

Average Price/SqFt

$135

$132

$131

$139

$146

$153

$172

$192

$212

$237

Average Price/SqFt

Days On Market

178

174

159

137

149

146

131

127

97

87

Days On Market

%Sale Price to List Price

97.3

96.8

97.5

96.4

98.5

98.3

98.2

98.7

100.8

100.2

%Sale Price to List Price

Source: Mid-Hudson Multiple Listing Service, Residential-attached homes.

$358,637 Average Sale Price

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