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Westchester Reporter

Tuesday, November 5, 2024

Falling home prices in North Castle in the second half of 2018

Realestate2

The median sale price of a home sold in the second half of 2018 in North Castle fell by $56,250 while total sales increased by 16.7%, according to BlockShopper.com.

From July through December of 2018, there were seven homes sold, with a median sale price of $1,175,000 - a 4.6% decrease over the $1,231,250 median sale price for the same period of the previous year. There were six homes sold in North Castle in the second half of 2017.

The following table compares North Castle 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)
Larchmont249-95.9%$2,592,035.50$1,543,00068%
Bronxville171421.4%$1,850,000$1,450,00027.6%
Rye5724137.5%$1,650,000$1,282,00028.7%
Eastchester1129-62.1%$1,350,000$735,00083.7%
North Castle7616.7%$1,175,000$1,231,250-4.6%
Mamaroneck Village (Rye Village)388-96.6%$1,100,000$661,00066.4%
Port Chester2121-98.3%$985,000$475,000107.4%
Mount Pleasant6115-94.8%$832,500$612,72035.9%
Pound Ridge4912308.3%$795,878$670,00018.8%
Scarsdale1132-65.6%$730,900$1,124,750-35%
Dobbs Ferry19-88.9%$717,000$642,50011.6%

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