With the onset of Spring, Westchester County's number of homes for sale in March experienced a 16% increase compared to February, 2011. The number of homes sold has also increased 16%, when compared to last month, indicating positive momentum in the market.
In the past 12 months, the median sales price in Westchester County has increased by 5.9% to $625,000 and the number of homes sold has increased by 7.9%, pointing to a more robust market when compared to the prior 12 months.
The number of homes sold in Dutchess County in March is up 40% from February and 10% from March 2010. Putnam County saw an increase of nearly double the numbers of homes sold in March versus February.
To see the market data for your town go to www.houlihanlawrence.com and access our Monthly Market Reports.