The White Plains NY Real Estate Market continued to see strong sales through Septmber with 16 single family homes closing. Much of this is residual from the busy summer months and the numbers are down from 19 in September 2013. The median home price was $542,000 which is down 4.3% from $566,750 this time last year. Inventory levels of 92, a pretty healthy number but down from 95 in August and down considerabley from 130 in Sept 2013. The average days on market was 65 down substantially from 133 last September.
White Plains condo sales of 15 were not far behind single family homes, hovering over coop sales, and down 25% from 20 in September 2013. The median price was $380,000 which is also down from $420,000 in September 2013. Inventory of 91 units is up 11% from 82 in August and 5.8% this time last year. New listings are way up and the months if supply as well. The average days on market of 82 is down considerably from 125 in August and 132 in Septmeber 2013.
There were 12 White Plains coop sales in September which is unchanged form last year. This is the lowest unit sales have been since 8 in February 2013. The median price was $167,000, up 28.2% from $130,250 in September 2013. Inventory levels of 130 are the same as August and new listings of 26 are up from 20 in August but way down from 41 in September 2013. Days on market of 134 in September was up somewhat from 107 in August but down substantially from 228 in September of 2013. This is the highest days on market has been since April, 2014.
Overall The White Plains Real Estate Market is still going strong and if you are considering buying or selling there your chances are good!
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