Q2-2025
MARKET REPORT
EXECUTIVE SUMMARY
The real estate market across Westchester, Putnam, and Dutchess counties continued to show signs of resilience and stability through the second quarter of 2025. In Westchester, the luxury segment remains particularly strong, with significant buyer activity in the $2 million and above category and continued interest across most towns. Demand for homes with updated interiors, desirable locations, and proximity to transportation remains consistent, and despite higher mortgage rates, many buyers remain eager to act quickly when quality properties become available.
Inventory challenges persist throughout the region. Westchester in particular faces tight supply, which has kept prices elevated, especially for homes in well-established communities. Buyers continue to prioritize homes with modern updates, outdoor space, and convenient access to amenities, and well-priced listings continue to attract multiple offers.
In Putnam and Dutchess counties, the market has shown a more mixed picture. The $1 million to $2 million segment continues to see healthy buyer interest, especially among those seeking more space or a greater value proposition than neighboring counties. However, properties priced above $2 million have experienced longer days on market, reflecting increased caution as buyers contend with affordability challenges and elevated borrowing costs. Still, homes that combine acreage, privacy, and thoughtful updates continue to draw buyer attention.
The trend of relocation from New York City and surrounding metro areas remains a significant factor, as more buyers continue to pursue properties outside the city. Hybrid work models have reinforced this trend, bringing new energy to suburban and rural markets alike.
Looking forward, we anticipate competitive conditions in Westchester to persist, particularly for updated, well-located properties in desirable towns. In Putnam and Dutchess, homes that are priced appropriately and meet buyer expectations for space and condition will continue to move, though the higher-end market is likely to remain more measured. With demand for quality homes holding firm and inventory levels tight, the market in these counties is expected to remain active as we move through the second half of 2025.
With Warm Regards,
Liz Nunan President and CEO
WESTCHESTER COUNTY
SingleFamilyHomeOverview
NEW YORK CITY GATEWAY
MountVernon,NewRochelle,Pelham,Yonkers
LOWER WESTCHESTER
Bronxville,Eastchester,Edgemont,Scarsdale, Tuckahoe
THE RIVERTOWNS
Ardsley,BriarcliffManor,DobbsFerry,Elmsford, Hastings,Irvington,MountPleasant,Ossining, Pleasantville,PocanticoHills,Tarrytown
GREATER WHITE PLAINS
Greenburgh,Valhalla,WhitePlains
THE SOUND SHORE
BlindBrook,Harrison,Mamaroneck,Port Chester,RyeCity,RyeNeck
TABLE
OF CONTENTS
SECOND QUARTER 2025
NORTHERN WESTCHESTER
Bedford,ByramHills,Chappaqua,KatonahLewisboro,NorthSalem,Somers
NORTHWEST WESTCHESTER
Croton-Harmon,HendrickHudson,Lakeland, Peekskill,Yorktown
WESTCHESTER COUNTY
CondominiumOverview
WESTCHESTER COUNTY
Co-OperativeOverview
PUTNAM COUNTY
Brewster,Carmel,Garrison,Haldane,Mahopac, PutnamValley
PUTNAM COUNTY
CondominiumOverview
DUTCHESS COUNTY
SingleFamilyHomeOverview
SOUTHEAST DUTCHESS
Beekman,Dover,Pawling,UnionVale
SOUTHWEST DUTCHESS
Beacon,EastFishkill,Fishkill,LaGrange, Poughkeepsie,Poughkeepsie/City,Wappinger
NORTHEAST DUTCHESS
Amenia,NorthEast,PinePlains,Stanford, Washington
NORTHWEST DUTCHESS
Clinton,HydePark,Milan,PleasantValley,Red Hook,Rhinebeck
DUTCHESS COUNTY
CondominiumOverview
WESTCHESTER COUNTY
SINGLE FAMILY HOMES
QUARTERLY MARKET OVERVIEW
SUPPLY DEMAND ANALYSIS
NEW YORK CITY GATEWAY
SINGLE FAMILY HOMES
NEW YORK CITY GATEWAY
SINGLE FAMILY HOMES
MOUNT VERNON, NEW ROCHELLE, PELHAM, YONKERS
Click on a School district to obtain the latest monthly market report.
SUPPLY DEMAND ANALYSIS
OF JUNE 30, 2025
OF JUNE 30, 2024
MARKET HISTORY
LOWER WESTCHESTER
SINGLE FAMILY HOMES
HOMES SOLD
MEDIAN SALE PRICE
LOWER WESTCHESTER
SINGLE FAMILY HOMES
BRONXVILLE, EASTCHESTER, EDGEMONT, SCARSDALE, TUCKAHOE
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SUPPLY DEMAND ANALYSIS
AS OF JUNE 30, 2025
JUNE 30, 2024
THE RIVERTOWNS
SINGLE FAMILY HOMES
HOMES SOLD
THE RIVERTOWNS
SINGLE FAMILY HOMES
ARDSLEY, BRIARCLIFF MANOR, DOBBS FERRY, ELMSFORD, HASTINGS, IRVINGTON, MOUNT PLEASANT OSSINING, PLEASANTVILLE, POCANTICO HILLS, TARRYTOWN
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SUPPLY DEMAND ANALYSIS
OF JUNE 30, 2025
JUNE 30, 2024
MARKET HISTORY
GREATER WHITE PLAINS
SINGLE FAMILY HOMES
Source: Onekey MLS, Single-family homes, Zone 4
GREATER WHITE PLAINS
SINGLE FAMILY HOMES
GREENBURGH, VALHALLA, WHITE PLAINS
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SUPPLY DEMAND ANALYSIS AS OF JUNE 30, 2025 AS OF JUNE 30, 2024
MARKET HISTORY
THE SOUND SHORE
SINGLE FAMILY HOMES
HOMES SOLD
MEDIAN SALE PRICE
THE SOUND SHORE
SINGLE FAMILY HOMES
BLIND BROOK, HARRISON, MAMARONECK, PORT CHESTER, RYE CITY, RYE NECK Click on a School district to obtain the latest monthly market report.
SUPPLY DEMAND
ANALYSIS AS OF JUNE 30, 2025
JUNE 30, 2024
NORTHERN WESTCHESTER
SINGLE FAMILY HOMES
HOMES SOLD
MEDIAN SALE PRICE
NORTHERN WESTCHESTER
SINGLE FAMILY HOMES
BEDFORD, BYRAM HILLS, CHAPPAQUA, KATONAH-LEWISBORO, NORTH SALEM, SOMERS Click on a School district to obtain the latest monthly market report.
SUPPLY DEMAND ANALYSIS
AS OF JUNE 30, 2025
OF JUNE 30, 2024
MARKET HISTORY
NORTHWEST WESTCHESTER
SINGLE FAMILY HOMES
HOMES
SOLD
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CROTON–HARMON HENDRICK HUDSON
MEDIAN SALE PRICE
Source: Onekey MLS, Single-family homes, Zone 1
NORTHWEST WESTCHESTER
SINGLE FAMILY HOMES
CROTON–HARMON, HENDRICK HUDSON, LAKELAND, PEEKSKILL, YORKTOWN
Click on a School district to obtain the latest monthly market report.
SUPPLY
DEMAND ANALYSIS
AS OF JUNE 30, 2025
JUNE 30, 2024
MARKET HISTORY
WESTCHESTER COUNTY
QUARTERLY MARKET OVERVIEW
SUPPLY DEMAND ANALYSIS
Demand Ratio Key 1-4:
Source: Onekey MLS, Condominiums
WESTCHESTER COUNTY
CO-OPERATIVES
QUARTERLY MARKET OVERVIEW
SUPPLY DEMAND ANALYSIS
Source: Onekey MLS, Co-Operatives
PUTNAM COUNTY
SINGLE FAMILY HOMES
PUTNAM COUNTY
SINGLE FAMILY HOMES
BREWSTER, CARMEL, GARRISON, HALDANE, LAKELAND, MAHOPAC, PUTNAM VALLEY Click on a School district to obtain the latest monthly market report.
SUPPLY
DEMAND ANALYSIS
AS OF JUNE 30, 2025
30, 2024
MARKET HISTORY
PUTNAM COUNTY CONDOMINIUMS
QUARTERLY MARKET OVERVIEW
SUPPLY DEMAND ANALYSIS
Source: Onekey MLS, Condominiums
DUTCHESS COUNTY
SINGLE FAMILY HOMES
QUARTERLY MARKET OVERVIEW
SUPPLY
DEMAND ANALYSIS
SOUTHWEST DUTCHESS
SINGLE FAMILY HOMES
SOUTHWEST DUTCHESS
SINGLE FAMILY HOMES
BEACON, EAST FISHKILL, FISHKILL, LA GRANGE, POUGHKEEPSIE TWP, POUGHKEEPSIE CITY, WAPPINGER
Click to obtain a specific town/city monthly market report.
SUPPLY DEMAND ANALYSIS
OF JUNE 30, 2025
MARKET HISTORY
SOUTHEAST DUTCHESS
SINGLE FAMILY HOMES
Source: Onekey MLS.
SOUTHEAST DUTCHESS
SINGLE FAMILY HOMES
BEEKMAN, DOVER, PAWLING, UNION VALE
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SUPPLY DEMAND ANALYSIS
AS OF JUNE 30, 2025 AS OF JUNE 30, 2024
MARKET HISTORY
NORTHWEST DUTCHESS
SINGLE FAMILY HOMES
HOMES SOLD
Source: Onekey MLS.
CLICK TO OBTAIN A SPECIFIC TOWN/CITY MONTHLY MARKET REPORT.
NORTHWEST DUTCHESS
SINGLE FAMILY HOMES
CLINTON, HYDE PARK, MILAN, PLEASANT VALLEY, RED HOOK, RHINEBECK
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SUPPLY
DEMAND
ANALYSIS AS OF JUNE 30, 2025
MARKET HISTORY
NORTHEAST DUTCHESS
SINGLE FAMILY HOMES
HOMES SOLD
Source: Onekey MLS.
TO OBTAIN A SPECIFIC TOWN/CITY MONTHLY MARKET REPORT.
MEDIAN SALE PRICE
NORTHEAST DUTCHESS
SINGLE FAMILY HOMES
AMENIA, NORTH EAST, PINE PLAINS, STANFORD, WASHINGTON
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SUPPLY
DEMAND ANALYSIS
AS OF JUNE 30, 2025
JUNE 30, 2024
MARKET HISTORY
DUTCHESS COUNTY
CONDOMINIUMS
QUARTERLY MARKET OVERVIEW
SUPPLY DEMAND ANALYSIS
