Rye home prices fall in the fourth quarter of 2017

Rye home prices fall in the fourth quarter of 2017
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The median sale price of a home sold in the fourth quarter of 2017 in Rye fell by $24,487 while total sales decreased by 72.7%, according to BlockShopper.com.

From October through December of 2017, there were three homes sold, with a median sale price of $465,000 – a 5% decrease over the $489,487 median sale price for the same period of the previous year. There were 11 homes sold in Rye in the fourth quarter of 2016.

The following table compares Rye 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)
Pleasantville 13 18 -27.8% $523,000 $484,250.50 8%
Hastings-on-Hudson 5 2 150% $479,000 $502,250 -4.6%
Port Chester 57 37 54.1% $475,000 $435,000 9.2%
Greenburgh 5 4 25% $472,000 $418,500 12.8%
Tarrytown 3 4 -25% $469,000 $412,000 13.8%
Rye 3 11 -72.7% $465,000 $489,487 -5%
North Salem 10 20 -50% $463,400 $475,500 -2.5%
Yonkers 138 194 -28.9% $460,000 $422,500 8.9%
Ossining Town 14 18 -22.2% $448,000 $415,000 8%
Hartsdale 5 3 66.7% $441,500 $314,525 40.4%
Cortlandt 81 91 -11% $410,800 $375,000 9.5%


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