The Westchester housing market started off 2017 with a flourish, with sales up and prices showing meaningful signs of appreciation after a slow 2016. Sales. Home sales were strong through the first quarter. Single-family home sales were up over 6%, the tenth straight quarter of year-on-year sales increases. And the 6,266 transactions over the rolling year was the highest … [Read more...]
First Quarter 2017 Real Estate Market Report: Westchester & Hudson Valley – Market Overview
The regional housing market in Westchester and the Hudson Valley started to show the first signs of meaningful price appreciation in the first quarter of 2017, with prices up in most of the counties. Moreover, with inventory rates dropping, we expect this trend to continue through a robust Spring market and for the rest of 2017. Inventory throughout the region continues to … [Read more...]
Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Sussex County, New Jersey
The Sussex County housing market surged yet again in the fourth quarter of 2016, with sales up sharply and an eyeopening spike in prices. Sales. Sussex sales were up again in the fourth quarter, rising over 18% from the fourth quarter of last year. And for the year, sales increased almost 19%, finishing 2016 with the highest yearly transactional total in over 10 years, since … [Read more...]
Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Essex County, New Jersey
The Essex County housing market finished the year with a surge in sales, but these sustained increases in buyer demand have not had their expected impact in driving price appreciation. Sales. Essex sales activity recovered from a disappointing third quarter, with sales rising almost 11% from the fourth quarter of last year and finishing the calendar year up almost 5%. Buyer … [Read more...]
Better Homes and Gardens Real Estate Rand Realty Quarterly Market Report For 2016Q4 – Morris County, New Jersey
The Morris County housing market finished the year with a sharp increase in sales, but sustained buyer demand throughout 2016 still has not had a significant impact on pricing. Sales. Morris County sales were up significantly, rising almost 12% from the fourth quarter of last year. This continued a streak in which year-on-year sales have now gone up for nine straight … [Read more...]