Buyers bid over asking in Westchester, Putnam and Dutchess counties as demand surged
Competition for homes remains fierce in suburban and Hudson Valley communities, as buyers bid over asking, driving prices ever higher. Demand spiked in the second quarter in Westchester, Dutchess and Putnam counties.
The median sale price for a home in Westchester was $649,000 in Q2, according to a Douglas Elliman report, compiled by appraiser Miller Samuel. That marked a 12.9 percent increase year-over-year, and one of the highest prices ever recorded.
