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    North of NYC North of NYC By Houlihan Lawrence By Houlihan Lawrence by

    Houlihan Lawrence's  Westchester County Market Report for October has just been released. It indicates the Median Sale Price for Single Family Homes is up by 12.6% when compared to October, 2009.  The Ten Year Market History chart illustrates that the current median sale price of $640,000 is about level with 2008 pricing and within 7% of the 2007 peak median sold price.

    The number of units sold has made a stunning comeback, increasing by 33% from the same period last year. However, near-term statistics show that volume is down almost 18% and Months Supply of Inventory has increased from September, indicating less sales (demand) with a higher number of homes for sale (supply).