The median sale price of a home sold in the fourth quarter of 2017 in Buchanan fell by $46,751 while total sales decreased by 60%, according to BlockShopper.com.
From October through December of 2017, there were four homes sold, with a median sale price of $290,250 – a 13.9% decrease over the $337,000 median sale price for the same period of the previous year. There were 10 homes sold in Buchanan in the fourth quarter of 2016.
The following table compares Buchanan to other Westchester County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. – Dec. 2017 Home Sales | Oct. – Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. – Dec. 2017 Median Sales Price | Oct. – Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Cortlandt | 81 | 91 | -11% | $410,800 | $375,000 | 9.5% |
| Yorktown | 63 | 82 | -23.2% | $405,000 | $381,250 | 6.2% |
| Somers | 83 | 77 | 7.8% | $399,000 | $419,000 | -4.8% |
| Elmsford | 1 | 1 | 0% | $385,000 | $575,000 | -33% |
| Mount Vernon | 113 | 105 | 7.6% | $379,000 | $339,000 | 11.8% |
| Harrison | 9 | 38 | -76.3% | $350,000 | $705,200 | -50.4% |
| Ossining Village | 48 | 50 | -4% | $322,500 | $320,000 | 0.8% |
| Tuckahoe | 3 | 5 | -40% | $300,000 | $529,979 | -43.4% |
| Irvington | 1 | 0 | – | $295,176 | $0 | – |
| Buchanan | 4 | 10 | -60% | $290,249.50 | $337,000 | -13.9% |
| Peekskill | 67 | 43 | 55.8% | $285,000 | $220,000 | 29.5% |
