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
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% 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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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%
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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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