Showing posts with label Real Estate Market. Show all posts
Showing posts with label Real Estate Market. Show all posts

Friday, August 7, 2026

Rye Real Estate Market Report: July 2026

Rye is a small, high-value market where a handful of closings can change a monthly statistic quickly. Whether you are walking around Purchase Street, heading toward the train, or visiting family near the Sound, the property-by-property details matter more than a headline alone.

Single-Family Homes First

There were 14 single-family sales, down 6.7%. The median sale price increased 13.5% to $3,177,500, and median price per square foot rose 28.7% to $1,006. Median market time was 20 days; 93% sold within 90 days and every sale closed for more than 95% of list price. Inventory dropped 64.7% to 12 homes, representing 1.76 months of supply.

Condos, Co-ops and Multi-Family

  • Condos: one sale at $900,000; two days on market; seven listings and 6.46 months of supply.
  • Co-ops: two sales; $412,500 median; 23 days; four listings and 1.45 months of supply.
  • Multi-unit: no July sales and no active inventory, compared with one sale and two listings in July 2025.

The condo and co-op figures are based on one and two sales respectively. Those changes describe the transactions that closed, not the value movement of every Rye unit.

Inflation and Rates in the Background

The St. Louis Fed has suggested examining PCE inflation excluding energy goods to reduce the noise from short-lived oil-price swings. Its July analysis says underlying inflation pressures had not yet fully returned to the Fed’s 2% longer-run objective. This national context may influence rate expectations, but it cannot be used to claim that inflation caused Rye’s monthly results. Read the Fed analysis.

Rye Market Takeaway

Low single-family inventory is the clearest signal. Sellers may have leverage when presentation and pricing are right; buyers should use recent, truly comparable Rye sales and avoid overreading small-sample condo or co-op percentages.

Thomas Roberts
Licensed New York Real Estate Salesperson, William Raveis Real Estate, Rye, NY
914-755-9816 | Thomas.Roberts@raveis.com

Monthly market data is not an appraisal or guarantee of future results. Equal Housing Opportunity.

Monday, January 30, 2023

Discovering Mamaroneck: A Guide to the Town in Westchester County, NY

A Quick Tour of Mamaroneck, NY  






Mamaroneck is a picturesque town in Westchester County, NY, located on the shores of Long Island Sound. With a population of 29,000 residents, Mamaroneck is home to the Village of Larchmont, which boasts its own police force and fire department. I will write up a separate post on Larchmont soon.



Mamaroneck Train Station


Transportation to and from Mamaroneck is a breeze with the Mamaroneck Metro North Train Station offering quick and convenient access to Grand Central Station with an average commute time of 38-44 minutes.  This is the Metro North Schedule.  For those who prefer to drive, the town is easily accessible via I-95 North and South, and further up on Mamaroneck Avenue, the Hutchinson River Parkway (The Hutch) North and South provides access to the Merrit parkway in Connecticut and other highways.



Food lovers will find a variety of dining options on Mamaroneck Avenue, where many of the town's restaurants, bars, ice cream, and frozen yogurt shops are located, mostly south of the Metro North Train Station.

Harbor Island


For those seeking outdoor recreation, Harbor Island is a popular destination for Kayakers, walkers, runners and swimmers with its well-maintained playground, field, walking path and large community swimming pool at the Hummock school. The pool is open year-round and converted to an outdoor pool during the summer months. 



The current Real Estate Market

As a real estate agent, I have analyzed the Mamaroneck real estate market and found that the number of sales tends to peak in the spring and summer months, with a particular high in March. The median sales price remains relatively stable throughout the year with a slight increase in the spring and summer, but fluctuations have been observed in the past few years. The highest median sales price was observed in December 2018 at $2,025,000 and the lowest in November 2021 at $879,000.

For the current real estate market in Mamaroneck is always changing.   Click this link for the most up-to-date information; Mamaroneck Real Estate Market 

The number of sales per month can vary widely, with a peak of 117 sales in March 2019 and a trough of 8 sales in April and May 2022 due to the pandemic and lack of inventory. Despite these fluctuations, the Mamaroneck real estate market remains strong with stable median sales prices and a high volume of sales. However, buyers and sellers should keep in mind that the market is unpredictable, and it's important to stay informed on current trends.

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