REAL ESTATE • Westchester Report
It’s harder than ever to find a house in Westchester. Inventory across the county dropped to an all-time low of 1,176 listings in Q4, per the latest Elliman report. Luxury homes (the top 10% of sales, or $1.8M and up) are even more scarce, with only 155 online during that period, also an all-time low.
It’s not a market for the weak of heart, as properties that do list are subject to bidding wars and elevated prices — particularly in the Sound Shore (Blind Brook, Harrison, Mamaroneck, Port Chester, Rye City, Rye Neck) and Lower (Bronxville, Eastchester, Edgemont, Scarsdale, Tuckahoe) districts.
The good news for hopeful buyers is that most of these deals were done before rates topped. The bad news is that it might take more than a point or two to shake entrenched inventory free. In the meantime, three new listings for the brave:
→ 11 Hazel Ln. (Larchmont) • 6BR/5.5BA, 4012 SF • Ask: $2.95M • Colonial, blocks from Manor Park and the Sound • Days on market: 3 • Agent: Allison Doern, Houlihan Lawrence.
→ 40 Cushman Rd. (Scarsdale, above) • 5BR/4.5BA, 4658 SF • Ask: $3.35M • One acre, with English garden and pool • Days on market: 3 • Agent: Julia B. Fee, Sotheby’s.
→ 65 Wendover Rd. (Rye) • 5BR/4.5BA, 5287 SF • Ask: $3.295M • Custom-rebuilt in Park Ridge neighborhood • Days on market: 13 • Agent: Maria Skamangas, William Raveis.