Showing posts with label home sales. Show all posts
Showing posts with label home sales. 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.

Saturday, December 6, 2025

Katonah-Lewisboro Real Estate Market Update – November 2025: Prices, Trends & Local Insights

Katonah-Lewisboro School District Real Estate Market Update – November 2025

By Thomas Roberts | William Raveis Real Estate

The Katonah-Lewisboro School District continues to attract discerning homebuyers seeking top-rated schools, community charm, and proximity to New York City. As we close out 2025, let’s take a closer look at how the local housing market performed this November — and what these trends mean for both buyers and sellers.

📊 Key Market Highlights (November 2025)

  • Unit Sales: 7 homes sold — down 41.7% compared to November 2024.
  • Median Sale Price: $891,000 — down 8.8% year-over-year.
  • Median Sale Price per Sq. Ft.: $461 — up 6.7% vs last year.
  • Days on Market: 29 — down 38.3% from November 2024, showing faster sales activity.
  • Inventory: 36 active listings — down 35.7% year-over-year.
  • Months of Supply: 2.18 — down 49%, signaling a continued seller’s market.
  • Homes Sold Within 90 Days: 86% of listings.
  • Sold for Over 95% of List Price: 86% of homes.

🏡 What These Numbers Mean

Even with fewer home sales and a dip in median price, the Katonah-Lewisboro market remains strong and competitive. The sharp drop in inventory and months of supply indicates that well-priced homes are selling quickly and often near asking price.

Buyers may find fewer options this winter, but motivated sellers can still benefit from strong demand — especially if their home is priced strategically and well-presented. The 29-day average market time shows that buyers continue to act decisively when the right property appears.

📈 Long-Term Perspective

The 6.7% increase in price per square foot reflects resilience in the district’s value, particularly in the luxury and mid-range markets. As interest rates stabilize, expect more balanced conditions entering 2026, though inventory will likely remain tight into early spring.

💡 Local Insight from a Katonah-Lewisboro Real Estate Expert

With limited supply and strong community appeal, Katonah-Lewisboro continues to be one of the most desirable school districts in northern Westchester. Whether you’re buying or selling, understanding these shifts is key to making informed decisions.

Pro Tip: Sellers who prepare early for the spring market — completing updates and staging — are likely to see the strongest returns as buyer activity increases after the new year.

🔗 Learn More & Stay Connected

For more insights on Katonah-Lewisboro real estate trends, community updates, and home preparation tips:

  • Follow me on social media for weekly market snapshots.
  • Subscribe to my newsletter for local real estate updates.
  • Watch my YouTube channel for neighborhood tours and expert advice.

Thomas Roberts
Real Estate Agent | William Raveis
📞 (914) 755-9816
https://linktr.ee/RealtorTom

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