February 2023 Real Estate Market Update
Just wanted to share some real estate updates with you. As of today, February 28th, 2023, the current mortgage interest rate for a fixed 30-year mortgage in New York is 6.375%.
If you're looking to buy or sell a home in Westchester county, there are 2,260 homes for sale, down by 22.8% from the previous period.
In case you're wondering about the recent sales, the lowest priced home sold in Westchester County during February was a fixer-upper 3 bedroom, 2 bathroom house in Cortland Manor that was 1,400 sqft and sold for $110,000 on February 2nd. On the other hand, the highest sold home was a magnificent 5 bedroom, 8 bathroom house located in Bedford corners. This stunning house is set on 26 Acres and boasts 10,000 sqft of living space. It sold for a whopping $13,550,000 on February 13th.
If you or anyone you know is looking to buy, sell, or invest in real estate, please don't hesitate to contact me. I'd be more than happy to help you out. Also, remember to follow me on social media for regular updates on the real estate market.
Click this link for a Quick home Estimate on your home or apartment, there is NO OBLIGATION: What is my home worth?
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