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Westchester Reporter

Tuesday, November 5, 2024

Falling home prices in Cortlandt in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Cortlandt fell by $70,800 while total sales decreased by 97%, according to BlockShopper.com.

From July through December of 2018, there were five homes sold, with a median sale price of $340,000 - a 17.2% decrease over the $410,800 median sale price for the same period of the previous year. There were 167 homes sold in Cortlandt in the second half of 2017.

The following table compares Cortlandt to other Westchester County cities with similar median sale prices in the second half of 2018:

CityJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Somers19514534.5%$460,000$430,0007%
Sleepy Hollow525-80%$450,000$600,000-25%
Yorktown21919214.1%$449,500$425,0005.8%
Lewisboro56-16.7%$445,500$489,744.50-9%
Croton-on-Hudson143-97.7%$430,000$540,000-20.4%
Mount Vernon213220-3.2%$408,500$356,31514.6%
Tarrytown38-62.5%$385,000$473,250-18.6%
Harrison937-75.7%$375,000$677,000-44.6%
Pelham9115-92.2%$345,000$880,000-60.8%
Cortlandt5167-97%$340,000$410,800-17.2%
Peekskill1301300%$337,500$275,00022.7%

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