White Plains, NY Real Estate News

By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
 White Plains NY Home Sales Remain Strong! The White Plains NY real estate market has been one of the most consistent in Westchester this past year.  Even in months where we see a slow down, White Plains single family home, condo, and coop sales remained strong.  The City itself is constantly evolving and looking for ways to improve the home owner experience for those moving from New York City and its current residents.  Over the years we have seen a lot of change.  Restaurants and big-box retailers have come and gone but now we have a bit more stability amongst them.  Now, with talks about a new development on the Westchester Pavillion Mall property, downtown will only get better.  I remember what White Plains was like in the 80's and 90's, when we only had Galleria and Mamaroneck Ave ...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
 SalesThere were 28 unit sales in July. This is down 15.2% from 33 in July of 2014. This is the highest unit sales have been since 31 in August, 2014. Sales/list price ratio in July moved up to 99.3% from 98.3% in June. PricesMedian price in July was $547,500. This is down 5.8% from $581,000 in July of 2014. 3-month median price of $599,000 in July was down a little from $613,750 in June and down marginally from $621,500 in July of 2014. Price per square foot in July was $292. This is down from $296 in June but up from $278 in July of 2014. InventoryInventory of 114 in July was up 3.6% from 110 in June and up 6.5% from 107 in July of 2014. New listings of 35 in July were down modestly from 41 in June but up a little from 30 in July of 2014. Months of supply of 6.5 in July was up slightl...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
 There are no signs of sales slowing in White Plians.  June was another strong month for single family home sales. SalesThere were 24 unit sales in June. This is up 20.0% from 20 in June of 2014. This is the highest unit sales have been since 31 in August, 2014. Sales/list price ratio in June moved down to 98.3% from 101.1% in May.  PricesMedian price in June was $675,000. This is up 0.3% from $673,250 in June of 2014. 3-month median price of $613,750 in June was up a little from $555,000 in May but down just slightly from $625,000 in June of 2014. Price per square foot in June was $296. This is down from $313 in May and down from $301 in June of 2014.  InventoryInventory of 111 in June was down 4.3% from 116 in May but up 7.8% from 103 in June of 2014. New listings of 41 in June were d...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
 SalesThere were 14 unit sales in May. This is down 26.3% from 19 in May of 2014. Sales/list price ratio in May moved up to 98.2% from 95.1% in April.  PricesMedian price in May was $163,950. This is up 3.1% from $159,000 in May of 2014. 3-month median price this month is $155,000, the same as last month. Price per square foot in May was $204. This is up from $168 in April and up from $190 in May of 2014.  InventoryInventory of 138 in May was up 0.7% from 137 in April and up 1.5% from 136 in May of 2014. New listings of 38 in May were down considerably from 48 in April but up slightly from 33 in May of 2014. Months of supply of 8.2 in May was up just slightly from 7.9 in April but down a little from 8.6 in May of 2014. On a year-over-year basis, months of supply has been rising for 5 mo...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
 SalesUnit sales in May were 15, unchanged from the same month last year. Sales/list price ratio in May moved up to 97.1% from 96.7% in April.  PricesMedian price in May was $372,000. This is up 6.3% from $350,000 in May of 2014. 3-month median price of $374,500 in May was down slightly from $397,000 in April and down modestly from $437,500 in May of 2014. Price per square foot in May was $427. This is down from $586 in April but up from $338 in May of 2014.  InventoryInventory this month is 82, the same as last month. New listings of 28 in May were up a little from 26 in April and way up from 20 in May of 2014. Months of supply this month is 5.9, the same as last month. This is the highest months of supply has been since November, 2014.  Market TimeDays on market of 83 in May was up sl...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
  Sales There were 20 unit sales in May. This is up 81.8% from 11 in May of 2014. This is the highest unit sales have been since 31 in August, 2014. Sales/list price ratio in May moved up to 101.1% from 96.4% in April.  Prices Median price in May was $585,000. This is down 9.3% from $645,000 in May of 2014. 3-month median price of $560,000 in May was down considerably from $735,000 in April and down modestly from $600,000 in May of 2014. Price per square foot in May was $313. This is up from $270 in April and up from $292 in May of 2014.  Inventory Inventory of 117 in May was up 19.4% from 98 in April but down 0.8% from 118 in May of 2014. New listings of 51 in May were down slightly from 57 in April and down a little from 52 in May of 2014. Months of supply of 6.6 in May was up modest...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
 SalesUnit sales in May were 15, unchanged from the same month last year. Sales/list price ratio in May moved up to 97.1% from 96.7% in April.  PricesMedian price in May was $372,000. This is up 6.3% from $350,000 in May of 2014. 3-month median price of $374,500 in May was down slightly from $397,000 in April and down modestly from $437,500 in May of 2014. Price per square foot in May was $427. This is down from $586 in April but up from $338 in May of 2014.  InventoryInventory this month is 82, the same as last month. New listings of 28 in May were up a little from 26 in April and way up from 20 in May of 2014. Months of supply this month is 5.9, the same as last month. This is the highest months of supply has been since November, 2014.  Market TimeDays on market of 83 in May was up sl...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
SalesThere were 14 unit sales in May. This is down 26.3% from 19 in May of 2014. Sales/list price ratio in May moved up to 98.2% from 95.1% in April.  PricesMedian price in May was $163,950. This is up 3.1% from $159,000 in May of 2014. 3-month median price this month is $155,000, the same as last month. Price per square foot in May was $204. This is up from $168 in April and up from $190 in May of 2014.  InventoryInventory of 138 in May was up 0.7% from 137 in April and up 1.5% from 136 in May of 2014. New listings of 38 in May were down considerably from 48 in April but up slightly from 33 in May of 2014. Months of supply of 8.2 in May was up just slightly from 7.9 in April but down a little from 8.6 in May of 2014. On a year-over-year basis, months of supply has been rising for 5 mon...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
 SalesThere were 20 unit sales in May. This is up 81.8% from 11 in May of 2014. This is the highest unit sales have been since 31 in August, 2014. Sales/list price ratio in May moved up to 101.1% from 96.4% in April.  PricesMedian price in May was $585,000. This is down 9.3% from $645,000 in May of 2014. 3-month median price of $560,000 in May was down considerably from $735,000 in April and down modestly from $600,000 in May of 2014. Price per square foot in May was $313. This is up from $270 in April and up from $292 in May of 2014.  InventoryInventory of 117 in May was up 19.4% from 98 in April but down 0.8% from 118 in May of 2014. New listings of 51 in May were down slightly from 57 in April and down a little from 52 in May of 2014. Months of supply of 6.6 in May was up modestly fr...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
 SalesThere were 14 unit sales in March. This is up 133.3% from 6 in March of 2014. Sales/list price ratio in March moved down to 97.1% from 98.7% in February.  PricesMedian price in March was $324,500. This is down 5.2% from $342,250 in March of 2014. This is the lowest median price has been since February, 2014. 3-month median price of $385,000 in March was down modestly from $434,700 in February but up slightly from $335,000 in March of 2014. Price per square foot in March was $388. This is down from $417 in February but up from $367 in March of 2014.  InventoryInventory of 76 in March was up 11.8% from 68 in February and up 10.1% from 69 in March of 2014. New listings of 31 in March were up considerably from 20 in February and up substantially from 23 in March of 2014. Months of sup...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
  Sales There were 15 unit sales in February. This is down 6.3% from 16 in February of 2014. Sales/list price ratio in February moved same to 96.4% from 96.4% in January.    Prices Median price in February was $925,000. This is up 47.4% from $627,500 in February of 2014. 3-month median price of $821,250 in February was up slightly from $710,000 in January and up considerably from $560,000 in February of 2014. Price per square foot in February was $299. This is up from $288 in January and up from $285 in February of 2014.    Inventory Inventory of 66 in February was up 1.5% from 65 in January and up 15.8% from 57 in February of 2014. New listings of 17 in February were up modestly from 16 in January and way up from 11 in February of 2014. Months of supply of 3.7 in February was very sli...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
  The winter is almost behind us and White Plains home sales remained strong throughout it.  There were 14 single family home sales in January which is down by 1 from this time last year.  The sales/list price ratio was 96.4%, unchanged from December.  The median price in January was $617,000, up 12.2% from $550,000 in January 2014.  Inventory levels are still a little tight with 64 homes on the market, up slightly from 59 in December and down from 73 in January 2014.  The average days on market of 100 was down modestly from 114 in December and only somewhat from 128 last January.   White Plains condo sales of 9 homes were down 18.2 from 11 in January 2014.  The sales/list price ratio moved up a mere 1% to 98.8%.  The median price in January was $434,700, up 29.4% from $336,000.  Inven...
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By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
  OPEN HOUSE February 1st, 2015 1:00PM-3:00PM! - Beautiful 3 Bedroom Corner Lot Colonial Home In Greenburgh!   www.NYREEX.com
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By Gary Leogrande, The Leogrande Team
(Keller Williams NY Realty)
  We hope you enjoy the video "card" below, that we created to show the Leogrande Team 2014 memories and thank our family, friends and clients for sharing the high points of the past year. 
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By Grant Schneider, Your Coach Helping You Create Successful Outcomes
(Performance Development Strategies)
The Industrial Development Agency (IDA) of Westchester County has a mission of developing increasing employment of citizens by helps businesses grow to the point that they will need to hire more people to support their success. I am happy to have been able to work with the entrepeneurs in this program and it has been truly rewarding.  The program is generating success stories. Last Thursday, I was ask to come when the program director made a presentation for funding in 2015.  One of our students came along to explain how the program helped her.  Afterward the County Executive's PR person made a video.  Carlita will explain in her own words.     Carlita Belgrove, CEO of Belgrove Appliance, also known as "The Stove Lady," tells how PTAC's program for entrepreneurs helped her access larger...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
  The White Plains NY Real Estate Market hasen't shown any signs of slowing down like other Westchester County towns have.  White Plains single family home sales continued pace with 19 closings in October which is up from 15 this time last year.  Even the sale/list price ratio inched up from 96.7% to 97.3, not a significant jump but still upward movement.  The median price in October was $612,000 which is down a bit from $640,000 in October 2013.  Inventory levels are still very healthy with 101 homes currently on the market (at time of writing).  New listings of 29 were up modestly from 25 in September but down a little from 30 in October 2013.  The average days on market of 49 was down substantially from 65 in September and way down from 80 in October 2013.   White Plains Condo sales...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
          The White Plains NY Real Estate Market continued to see strong sales through Septmber with 16 single family homes closing.  Much of this is residual from the busy summer months and the numbers are down from 19 in September 2013.  The median home price was $542,000 which is down 4.3% from $566,750 this time last year.  Inventory levels of 92, a pretty healthy number but down from 95 in August and down considerabley from 130 in Sept 2013.  The average days on market was 65 down substantially from 133 last September.   White Plains condo sales of 15 were not far behind single family homes, hovering over coop sales, and down 25% from 20 in September 2013.  The median price was $380,000 which is also down from $420,000 in September 2013.  Inventory of 91 units is up 11% from 82 in...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
The White Plains Real Estate Market saw another blockbuster month with Single family, Condo, and coop closings.  Definite signs that the White Plains market is strong and not slowing down.White Plains Single Family HomesSales There were 31 unit sales in August. This is down 13.9% from 36 in August of 2013. Sales/list price ratio in August moved up to 98.1% from 96.4% in July.  Prices Median price in August was $610,000. This is up 9.8% from $555,500 in August of 2013. 3-month median price of $614,000 in August was down a little from $621,500 in July but up just slightly from $600,000 in August of 2013. Price per square foot in August was $293. This is up from $278 in July and up from $285 in August of 2013.  Inventory Inventory of 95 in August was down 12.8% from 109 in July and down 21...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
Like many towns in Westchester, White Plains saw a large number of single family closings in July.  there were 33 which is up 22.2% from July 2013.  This is the highest sales have been since August 2013.  The sales/list price ratio in July decreased to 96.4% from 98.6% in June.  Overall the single family sector has performed really well this spring.  The median price in July was $581,000 which is down 8.2% from $633,000 last July.  Homes sold a bit quicker this season with an average market time of 96 days from start to finish.  Last July the average days on market was 133.  I feel this was due to low inventory and the large buyer pool many areas saw this past spring.   The condo market performed well with 14 closings, up 40% from 10 in July 2013.  The sales/list price ratio moved down ...
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By Hillary Sheperd, Co-Owner ~ Servpro of Scarsdale / Mount Vernon, NY
(Servpro of Scarsdale / Mount Vernon)
First, thanks to our hostest with the mostest, Debbie Gartner -- The Flooring Girl -- we had a marvelous August meetup.     Sitting outside with appetizers Al Fresco and a glass of Chard, it was heaven to watch the sunset with new Rainmaker friends.  I met Westchester's Realty star, "The Home Guru,"  Bill Primavera, along with two new Rainmakers:  Kathy Dagostino and René Alfano.  Kathy is a coach and a home stager and René is a home inspector.   We all look forward to following them and looking for their blogs.     (Right on bottom to left: Grace Borrani, Kathy Dagostino, René Alfani, Dagny Eason, Debbie Gartner, Bill Primavera, Grant Schneider.  Judy Medeiros took this super photo) THANKS to Grant Schnieder and Judy for this perfect picture, too.  It  was the best of the bunch!  Also,...
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