The first quarter of 2021 continued at the same fevered pace that closed 2020. In Westchester County, home sales are up 38.9%, and the average sales price is up 10.9% from the first quarter of 2020. Westchester, Putnam, and Dutchess Counties have remained top choices for City dwellers searching for a more bucolic setting as well as for residents looking to trade up or trade down. The opportunities for recreation and cultural experiences are endless and vary significantly by location. But pent-up demand continues as inventory remains at record low levels, according to the Houlihan Lawrence Westchester Putnam & Dutchess Q1 Market Report released today.
According to the report, single-family homes sold in Westchester County increased 38.9% from the first quarter of 2020, while the median sale price rose 10.9%. Homes sold in Putnam County rose 63% and median sale price rose 16%. In Dutchess County, homes sold rose 38.4 percent and median sale price was up 25.9%.