North Salem home prices rise in the second half of 2017

North Salem home prices rise in the second half of 2017
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The median sale price of a home sold in the second half of 2017 in North Salem rose by $5,000 while total sales decreased by 32.4%, according to BlockShopper.com.

From July through December of 2017, there were 25 homes sold, with a median sale price of $485,000 – a 1% increase over the $480,000 median sale price for the same period of the previous year. There were 37 homes sold in North Salem in the second half of 2016.

The following table compares North Salem to other Westchester County cities with similar median sales prices in the second half of 2017:

City July – Dec. 2017 Home Sales July – Dec. 2016 Home Sales % change (Total Home Sales) July – Dec. 2017 Median Sales Price July – Dec. 2016 Median Sales Price % change (Median Sales Price)
Croton-on-Hudson 43 32 34.4% $540,000 $467,500 15.5%
Mount Kisco 56 44 27.3% $522,575 $515,000 1.5%
Tuckahoe 6 8 -25% $506,500 $609,989.50 -17%
Lewisboro 6 5 20% $489,744.50 $566,000 -13.5%
Greenburgh 11 4 175% $489,000 $418,500 16.8%
North Salem 25 37 -32.4% $485,000 $480,000 1%
Hartsdale 12 8 50% $483,500 $606,850 -20.3%
Port Chester 121 90 34.4% $475,000 $432,000 10%
Tarrytown 8 13 -38.5% $473,250 $555,000 -14.7%
Irvington 2 3 -33.3% $471,394.50 $1,400,000 -66.3%
Ossining Town 34 37 -8.1% $467,500 $427,000 9.5%


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