Providing a comprehensive picture of the Westchester County (or, Connecticut) residential real estate market, our Quarterly Market Watch Reports offer an extremely valuable resource for consumers, real estate professionals, financial institutions, the media and other professionals associated with the market.
Each report includes in-depth analysis of home sales activity and prices, outlining current conditions, historical trends and emerging directions that point to where the market is headed.
During the first quarter of 2013, the residential real estate market saw two major overarching trends: the market was active, and buyers were educated. Sales have been up and showings have increased dramatically in relation to the past several years. Successful transactions depended on introducing knowledgeable, committed buyers to well-priced and well-presented properties. First quarter activity levels indicate a strong 2013 housing market. Since all real estate is local, please read the full First Quarter 2013 Market Watch to find out how your market performed and see the outlook for 2013.
2012 was a watershed year for Westchester County residential real estate as the vast majority of our markets experienced double-digit unit sales increases in each quarter. The rising momentum strongly suggests that 2013 will be an excellent year for housing with unit sales continuing to grow and prices holding steady or slightly improving. Since all real estate is local, please read the full 2012 Year-End Market Watch to find out how your market performed and see the outlook for 2013.
The summer was a busy time for Westchester County housing with both pending and closed sales of single family homes achieving three year highs in many markets. While sales volume remains well off pre-recession levels, it is clear that improving buyer confidence, coupled with lower prices and interest rates are energizing buyers to return to the market in growing numbers. Since all real estate is local, please read the full Third Quarter 2012 Westchester Market Watch to see how your market performed.