Houlihan Lawrence Q1-2023 Westchester Putnam and Dutchess Market Report

Page 1

Market Report

Q1-2023

WESTCHESTER, PUTNAM & DUTCHESS

EXECUTIVE SUMMARY

In the first quarter of 2023, the state of the real estate market in Westchester and Putnam counties is much the same as it was in Q4 2022. While demand remains high, inventory continues to decline to record lows, and sales, as a result, are down in parallel. In fact, in Westchester County, the scarcity of inventory has unit sales pacing to the lowest levels they have been in the last 10+ years. A few areas have experienced lower demand in luxury price points, but most brackets continue to be in high demand.

Dutchess County, however, is beginning to exhibit the anticipated post-Covid normalization. Inventory, in some areas, is on the rise while sales continue to decline. It is not unusual that inventory would rise in Dutchess. Many parts are largely second home markets that were in extreme demand during the pandemic rush. And while there has been a slight slowdown, demand is still considered strong for properly priced properties.

A more interesting view is to compare the first quarter of 2023 to the market pre-Covid in 2019. From that perspective, inventory in Westchester County is down 68%, with the median year-to-date sale price up 25.6%. Putnam County’s inventory is also down 68%, with the median sale price up a staggering 38% year-to-date. Compared to 2019, Dutchess County’s inventory is down 42% with the median price also up 38%.

Interest rate hikes and the recent threats to the banking industry continue to impact the industry, with some buyers more hesitant to trade their record low interest rates for less favorable ones, and overall, a sensitivity to pricing. The inventory quandary, however, has continued to drive a predominantly sellers’ market forward. Compared to other parts of the country, the marketplace North of NYC remains strong.

With Warm Regards,

Q1-2023
MARKET REPORT
914.220.7000 · HOULIHANLAWRENCE.COM LIST WITH CONFIDENCE. PUT THE POWER OF #1 TO WORK FOR YOU. PROUDLY CLOSED NEARLY $8 BILLION IN SALES AND REPRESENTED OVER 7,000 BUYERS AND SELLERS IN 2022 BROKERAGE NORTH OF NYC Source: OKMLS, MHMLS, CGNDMLS, SMARTMLS, 1/1/2022 – 12/31/2022, total dollar volume of single family homes sold by company, Westchester, Putnam, Dutchess, Columbia and Fairfield Counties combined. Source: 1/1/2022 - 12/31/2022 total sales both on and off MLS

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

FIRST QUARTER 2023

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

HOULIHANLAWRENCE.COM

WESTCHESTER COUNTY

SINGLE FAMILY HOMES

QUARTERLY MARKET OVERVIEW Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE HOMES SOLD 842 1259 -33.1% 6130 7438 -17.6% AVERAGE SALE PRICE $1,050,207 $994,282 5.6% $1,116,082 $1,041,703 7.1% MEDIAN SALE PRICE $760,000 $725,000 4.8% $815,000 $780,000 4.5% AVERAGE PRICE PER SQUARE FOOT $392 $377 4.0% $410 $373 9.9% % SALE PRICE TO LIST PRICE 98.4 100.3 -1.9% 102.6 100.0 2.6% SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 62 101 1 81 142 1 -23.5% -28.9% $500,000 - $699,999 172 224 1 192 310 1 -10.4% -27.7% $700,000 - $999,999 174 240 1 193 318 1 -9.8% -24.5% $1,000,000 - $1,499,999 112 135 1 117 224 1 -4.3% -39.7% $1,500,000 - $1,999,999 80 88 1 60 128 1 33.3% -31.3% $2,000,000 - $2,499,999 32 44 1 36 67 1 -11.1% -34.3% $2,500,000 - $2,999,999 49 33 1 37 66 1 32.4% -50.0% $3,000,000 - $3,999,999 45 29 2 47 44 1 -4.3% -34.1% $4,000,000 and up 76 24 3 73 27 3 4.1% -11.1% MarketTotals 802 918 1 836 1326 1 -4.1% -30.8% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand TEN-YEAR MARKET HISTORY Average Sale Price $861,164 $836,478 $818,945 $851,137 $856,530 $850,017 $947,353 $1,041,703 $1,116,082 $1,050,207 Average Sale Price Average Price/SqFt $308 $311 $309 $318 $320 $320 $337 $373 $410 $392 Average Price/SqFt Days On Market 99 94 89 85 75 77 73 49 39 59 Days On Market %Sale Price to List Price 96.7 97.0 97.0 97.4 97.2 96.6 98.1 100.0 102.6 98.4 %Sale Price to List Price Source: Onekey MLS, SINGLE FAMILY HOMES
2023
annualized
* Homes sold for
are
based on actual sales year-to-date.

NEW YORK CITY GATEWAY

NEW ROCHELLE Preview all our HD Videos of Westchester, Putnam and Dutchess houlihanlawrence.com/communities HOMES SOLD SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE MOUNT VERNON 35 37 -5% 157 164 -4% NEW ROCHELLE 50 58 -14% 332 468 -29% PELHAM 15 20 -25% 117 156 -25% YONKERS 101 144 -30% 567 734 -23% NYCGateway 201 259 -22% 1173 1522 -23%
SCHOOL DISTRICT
LATEST MONTHLY MARKET REPORT. MOUNT VERNON NEW ROCHELLE PELHAM YONKERS HOMES SOLD Q 1 - 2023 VS. Q 1 - 2022 22% MEDIAN SALE PRICE Q 1 - 2023 VS. Q 1 - 2022 1% MEDIAN SALE PRICE SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE MOUNT VERNON $600,000 $570,000 5% $610,000 $585,000 4% NEW ROCHELLE $755,000 $782,500 -4% $830,000 $801,000 4% PELHAM $1,211,000 $1,193,750 1% $1,153,000 $1,112,500 4% YONKERS $602,000 $625,000 -4% $639,000 $600,000 7% NYCGateway $645,000 $640,000 1% $695,000 $665,000 5% Source: Onekey MLS, Single-family homes, Zones 7 & 8
SINGLE FAMILY HOMES
CLICK ON A
FOR THE

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

TEN-YEAR MARKET HISTORY

AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 1 1 1 2 3 1 -50.0% -66.7% $300,000  -$399,999 6 7 1 4 13 1 50.0% -46.2% $400,000 - $499,999 22 23 1 14 22 1 57.1% 4.5% $500,000 - $599,999 27 30 1 29 46 1 -6.9% -34.8% $600,000 - $799,999 60 53 1 61 78 1 -1.6% -32.1% $800,000 - $999,999 26 38 1 28 36 1 -7.1% 5.6% $1,000,000 - $1,999,999 24 31 1 26 43 1 -7.7% -27.9% $2,000,000 and up 18 3 6 10 8 1 80.0% -62.5% MarketTotals 184 186 1 174 249 1 5.7% -25.3%
*Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
Average Sale Price $596,124 $603,126 $604,355 $626,880 $643,464 $637,214 $725,426 $770,893 $808,695 $748,498 Average Sale Price Average Price/SqFt $261 $266 $272 $281 $297 $300 $319 $349 $380 $353 Average Price/SqFt Days On Market 102 95 86 86 67 67 67 47 40 61 Days On Market %Sale Price to List Price 96.6 97.4 97.6 98.0 97.7 98.1 98.3 100.2 101.9 98.6 %Sale Price to List Price Source: Onekey MLS, Single-family homes, Zones 7 & 8 * Homes sold for 2023 are annualized based on actual sales year-to-date.

LOWER WESTCHESTER

SINGLE

CLICK ON A SCHOOL DISTRICT FOR THE LATEST MONTHLY MARKET REPORT.

Preview all our HD Videos of Westchester, Putnam and Dutchess houlihanlawrence.com/communities HOMES SOLD SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE BRONXVILLE 7 17 -59% 74 68 9% EASTCHESTER 14 24 -42% 124 153 -19% EDGEMONT 12 16 -25% 96 95 1% SCARSDALE 32 34 -6% 278 353 -21% TUCKAHOE 4 15 -73% 60 58 3% LowerWestchester 69 106 -35% 632 727 -13%
FAMILY HOMES SCARSDALE
BRONXVILLE EASTCHESTER EDGEMONT SCARSDALE TUCKAHOE HOMES SOLD Q 1 - 2023 VS. Q 1 - 2022 35% MEDIAN SALE PRICE Q 1 - 2023 VS. Q 1 - 2022 17% MEDIAN SALE PRICE SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE BRONXVILLE $2,550,000 $2,750,000 -7% $2,575,000 $2,250,000 14% EASTCHESTER $877,500 $817,500 7% $877,500 $800,000 10% EDGEMONT $1,301,250 $1,175,000 11% $1,275,000 $1,190,000 7% SCARSDALE $1,835,000 $2,070,000 -11% $2,000,000 $1,751,000 14% TUCKAHOE $832,000 $940,000 -12% $860,500 $930,000 -8% LowerWestchester $1,500,000 $1,285,000 17% $1,509,500 $1,310,000 15% Source: Onekey MLS, Single-family homes, Zone 6

LOWER WESTCHESTER

SINGLE FAMILY HOMES

BRONXVILLE, EASTCHESTER, EDGEMONT, SCARSDALE, TUCKAHOE

Click on a School district to obtain the latest monthly market report.

TEN-YEAR MARKET HISTORY

SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 0 0 Not Valid 0 2 0 0.0% -100.0% $500,000 - $699,999 3 2 2 4 8 1 -25.0% -75.0% $700,000 - $999,999 14 18 1 17 34 1 -17.6% -47.1% $1,000,000 - $1,499,999 15 25 1 14 38 1 7.1% -34.2% $1,500,000 - $1,999,999 14 17 1 9 25 1 55.6% -32.0% $2,000,000 - $2,499,999 10 14 1 11 20 1 -9.1% -30.0% $2,500,000 - $2,999,999 12 8 2 12 26 1 0.0% -69.2% $3,000,000 - $3,999,999 9 17 1 15 15 1 -40.0% 13.3% $4,000,000 and up 24 11 2 25 10 3 -4.0% 10.0% MarketTotals 101 112 1 107 178 1 -5.6% -37.1% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
Average Sale Price $1,388,882 $1,406,473 $1,463,106 $1,632,159 $1,416,955 $1,399,705 $1,514,451 $1,632,770 $1,787,091 $1,735,247 Average Sale Price Average Price/SqFt $443 $451 $442 $454 $439 $422 $435 $477 $533 $498 Average Price/SqFt Days On Market 76 74 82 92 75 85 83 47 40 75 Days On Market %Sale Price to List Price 97.7 97.6 96.4 96.7 96.1 95.7 97.2 99.7 102.5 97.8 %Sale Price to List Price
6
Source: Onekey MLS, Single-family homes, Zone
* Homes sold for 2023 are annualized based on actual sales year-to-date.

THE RIVERTOWNS

SINGLE FAMILY HOMES

THE RIVERTOWNS Preview all our HD Videos of Westchester, Putnam and Dutchess houlihanlawrence.com/communities
SOLD SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE ARDSLEY 20 25 -20% 121 140 -14% BRIARCLIFF MANOR 4 10 -60% 60 82 -27% DOBBS FERRY 7 14 -50% 73 86 -15% ELMSFORD 9 13 -31% 87 100 -13% HASTINGS 13 10 30% 73 75 -3% IRVINGTON 15 16 -6% 77 97 -21% MOUNT PLEASANT 21 20 5% 101 116 -13% OSSINING 29 46 -37% 167 251 -34% PLEASANTVILLE 7 23 -70% 94 97 -3% POCANTICO HILLS 3 5 -40% 17 12 42% TARRYTOWN 9 11 -18% 64 77 -17% TheRivertowns 137 193 -29% 934 1133 -18% CLICK ON A SCHOOL DISTRICT FOR THE LATEST MONTHLY MARKET REPORT. ARDSLEY BRIARCLIFF MANOR DOBBS FERRY ELMSFORD HASTINGS IRVINGTON MOUNT PLEASANT OSSINING PLEASANTVILLE POCANTICO HILLS TARRYTOWN HOMES SOLD Q 1 - 2023 VS. Q 1 - 2022 29% MEDIAN SALE PRICE Q 1 - 2023 VS. Q 1 - 2022 13% MEDIAN SALE PRICE SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE ARDSLEY $750,000 $671,000 12% $780,000 $771,287 1% BRIARCLIFF MANOR $1,075,000 $1,128,650 -5% $1,140,000 $947,500 20% DOBBS FERRY $905,000 $670,000 35% $845,000 $790,000 7% ELMSFORD $565,000 $600,000 -6% $603,000 $575,500 5% HASTINGS $1,080,000 $907,000 19% $950,000 $865,000 10% IRVINGTON $1,200,000 $1,106,000 9% $1,275,000 $1,125,000 13% MOUNT PLEASANT $745,000 $621,000 20% $665,000 $688,500 -3% OSSINING $695,000 $527,000 32% $606,000 $575,000 5% PLEASANTVILLE $649,000 $765,000 -15% $829,000 $725,000 14% POCANTICO HILLS $685,000 $778,088 -12% $1,060,000 $864,250 23% TARRYTOWN $849,900 $783,000 9% $968,000 $835,000 16% TheRivertowns $760,000 $671,000 13% $765,000 $728,000 5% Source: Onekey MLS, Single-family homes, Zone 3
HOMES

THE RIVERTOWNS

SINGLE FAMILY HOMES

ARDSLEY, BRIARCLIFF MANOR, DOBBS FERRY, ELMSFORD, HASTINGS, IRVINGTON, MOUNT PLEASANT

OSSINING, PLEASANTVILLE, POCANTICO HILLS, TARRYTOWN

Click on a School district to obtain the latest monthly market report. SUPPLY

TEN-YEAR MARKET HISTORY

DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 1 0 Not Valid 0 1 0 0.0% -100.0% $300,000  -$399,999 1 4 1 4 5 1 -75.0% -20.0% $400,000 - $499,999 0 6 0 9 13 1 -100.0% -53.8% $500,000 - $599,999 11 21 1 11 27 1 0.0% -22.2% $600,000 - $799,999 23 45 1 29 51 1 -20.7% -11.8% $800,000 - $999,999 17 22 1 19 40 1 -10.5% -45.0% $1,000,000 - $1,999,999 27 31 1 30 40 1 -10.0% -22.5% $2,000,000 and up 14 4 4 16 8 2 -12.5% -50.0% MarketTotals 94 133 1 118 185 1 -20.3% -28.1% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
Average Sale Price $689,728 $692,908 $705,636 $740,572 $765,251 $732,079 $768,144 $839,444 $898,193 $847,196 Average Sale Price Average Price/SqFt $294 $304 $308 $321 $323 $318 $326 $355 $391 $374 Average Price/SqFt Days On Market 100 91 86 77 67 75 73 50 39 61 Days On Market %Sale Price to List Price 98.2 97.6 98.7 98.9 100.3 97.6 98.5 100.1 103.5 98.9 %Sale Price to List Price Source: Onekey MLS, Single-family homes, Zone 3 * Homes sold for 2023 are annualized based on actual sales year-to-date.

GREATER WHITE PLAINS

CLICK ON A SCHOOL DISTRICT FOR THE LATEST MONTHLY MARKET REPORT.

PLAINS Preview all our HD Videos of Westchester, Putnam and Dutchess houlihanlawrence.com/communities
SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE GREATER WHITE PLAINS 77 108 -29% 540 557 -3% GREENBURGH 22 40 -45% 193 178 8% VALHALLA 13 14 -7% 81 80 1% WhitePlains 42 54 -22% 266 299 -11%
GREENBURGH VALHALLA WHITE PLAINS HOMES SOLD Q 1 - 2023 VS. Q 1 - 2022 22% MEDIAN SALE PRICE Q 1 - 2023 VS. Q 1 - 2022 19% MEDIAN SALE PRICE SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE GREATER WHITE PLAINS $715,888 $661,719 8% $715,000 $680,000 5% GREENBURGH $691,825 $590,000 17% $665,000 $630,000 6% VALHALLA $640,000 $661,719 -3% $660,000 $646,450 2% WhitePlains $845,000 $710,000 19% $788,500 $728,000 8% Source: Onekey MLS, Single-family homes, Zone 4
SINGLE FAMILY HOMES WHITE
HOMES SOLD

GREATER WHITE PLAINS SINGLE

GREENBURGH, VALHALLA, WHITE PLAINS

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FAMILY HOMES

TEN-YEAR MARKET HISTORY

DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $300,000  -$399,999 0 1 0 1 2 1 -100.0% -50.0% $400,000 - $499,999 3 5 1 3 8 1 0.0% -37.5% $500,000 - $599,999 5 10 1 10 18 1 -50.0% -44.4% $600,000 - $799,999 15 31 1 21 37 1 -28.6% -16.2% $800,000 - $999,999 9 10 1 2 15 1 350.0% -33.3% $1,000,000 - $1,999,999 15 8 2 7 13 1 114.3% -38.5% $2,000,000 and up 1 0 Not Valid 1 1 1 0.0% -100.0% MarketTotals 48 65 1 45 94 1 6.7% -30.9% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
Average Sale Price $594,770 $606,510 $593,753 $624,937 $650,930 $649,190 $692,816 $732,108 $777,984 $804,698 Average Sale Price Average Price/SqFt $272 $284 $290 $300 $305 $308 $323 $351 $378 $366 Average Price/SqFt Days On Market 93 84 84 68 63 71 59 42 33 47 Days On Market %Sale Price to List Price 97.2 97.6 97.6 98.4 98.4 97.8 98.7 100.7 103.2 98.9 %Sale Price to List Price Source: Onekey MLS, Single-family homes, Zone 4 * Homes sold for 2023 are annualized based on actual sales year-to-date.

THE SOUND SHORE

HOMES

CLICK ON A SCHOOL DISTRICT FOR THE LATEST MONTHLY MARKET REPORT.

THE SOUND SHORE Preview all our HD Videos of Westchester, Putnam and Dutchess houlihanlawrence.com/communities
SINGLE FAMILY HOMES
SOLD SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE BLIND BROOK 17 22 -23% 132 154 -14% HARRISON 17 39 -56% 174 218 -20% MAMARONECK 35 46 -24% 267 338 -21% PORT CHESTER 16 28 -43% 106 126 -16% RYE CITY 25 24 4% 166 194 -14% RYE NECK 9 14 -36% 94 94 0% TheSoundShore 119 173 -31% 939 1124 -17%
BLIND BROOK HARRISON MAMARONECK PORT CHESTER RYE CITY RYE NECK HOMES SOLD Q 1 - 2023 VS. Q 1 - 2022 31% MEDIAN SALE PRICE Q 1 - 2023 VS. Q 1 - 2022 27% MEDIAN SALE PRICE SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE BLIND BROOK $1,150,000 $935,000 23% $1,087,000 $1,026,500 6% HARRISON $1,850,000 $1,525,000 21% $1,676,000 $1,495,000 12% MAMARONECK $1,565,000 $1,084,500 44% $1,455,000 $1,498,424 -3% PORT CHESTER $620,000 $645,000 -4% $645,000 $587,000 10% RYE CITY $2,600,000 $1,790,000 45% $2,147,500 $1,937,500 11% RYE NECK $1,221,875 $1,280,050 -5% $993,000 $922,999 8% TheSoundShore $1,400,000 $1,100,000 27% $1,350,000 $1,325,000 2% Source: Onekey MLS, Single-family homes, Zone 5

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.

TEN-YEAR MARKET HISTORY

SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 3 5 1 3 9 1 0.0% -44.4% $500,000 - $699,999 12 15 1 22 24 1 -45.5% -37.5% $700,000 - $999,999 17 33 1 19 47 1 -10.5% -29.8% $1,000,000 - $1,499,999 15 33 1 26 50 1 -42.3% -34.0% $1,500,000 - $1,999,999 14 31 1 18 42 1 -22.2% -26.2% $2,000,000 - $2,499,999 3 19 1 10 24 1 -70.0% -20.8% $2,500,000 - $2,999,999 9 14 1 8 26 1 12.5% -46.2% $3,000,000 - $3,999,999 19 9 2 19 18 1 0.0% -50.0% $4,000,000 and up 19 6 3 14 13 1 35.7% -53.8% MarketTotals 111 165 1 139 253 1 -20.1% -34.8% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
Average Sale Price $1,298,331 $1,367,114 $1,320,302 $1,353,465 $1,404,302 $1,355,790 $1,472,468 $1,592,056 $1,673,941 $1,772,125 Average Sale Price Average Price/SqFt $418 $434 $431 $436 $429 $422 $447 $484 $519 $527 Average Price/SqFt Days On Market 86 87 77 78 78 81 66 52 38 65 Days On Market %Sale Price to List Price 96.9 96.4 96.7 97.1 95.7 95.9 97.8 100.2 103.4 98.7 %Sale Price to List Price
5
Source: Onekey MLS, Single-family homes, Zone
* Homes sold for 2023 are annualized based on actual sales year-to-date.

NORTHERN WESTCHESTER

SINGLE FAMILY HOMES BEDFORD

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HOMES SOLD

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Videos of Westchester, Putnam and Dutchess
SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE BEDFORD 35 53 -34% 245 348 -30% BYRAM HILLS 16 28 -43% 170 211 -19% CHAPPAQUA 24 31 -23% 214 284 -25% KATONAH LEWISBORO 31 50 -38% 216 283 -24% NORTH SALEM 6 19 -68% 56 87 -36% SOMERS 24 39 -39% 167 231 -28% NorthernWestchester 136 220 -38% 1068 1444 -26%
BEDFORD BYRAM HILLS CHAPPAQUA KATONAH-LEWISBORO NORTH SALEM SOMERS HOMES SOLD Q 1 - 2023 VS. Q 1 - 2022 38% MEDIAN SALE PRICE Q 1 - 2023 VS. Q 1 - 2022 1% MEDIAN SALE PRICE SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE BEDFORD $985,000 $935,000 5% $999,000 $930,000 7% BYRAM HILLS $1,595,000 $1,420,500 12% $1,420,750 $1,300,000 9% CHAPPAQUA $1,178,000 $1,187,000 -1% $1,310,000 $1,125,000 16% KATONAH LEWISBORO $719,000 $818,750 -12% $887,500 $862,000 3% NORTH SALEM $616,250 $623,000 -1% $625,000 $740,000 -16% SOMERS $597,000 $716,000 -17% $700,000 $679,000 3% NorthernWestchester $894,000 $887,500 1% $986,500 $925,000 7% Source: Onekey MLS, Single-family homes, Zone 2

NORTHERN WESTCHESTER

SINGLE FAMILY HOMES

BEDFORD, BYRAM HILLS, CHAPPAQUA, KATONAH-LEWISBORO, NORTH SALEM, SOMERS

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TEN-YEAR MARKET HISTORY

SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $499,999 3 17 1 14 19 1 -78.6% -10.5% $500,000 - $699,999 31 27 1 24 48 1 29.2% -43.8% $700,000 - $999,999 29 41 1 34 47 1 -14.7% -12.8% $1,000,000 - $1,499,999 31 25 1 24 57 1 29.2% -56.1% $1,500,000 - $1,999,999 24 16 2 14 34 1 71.4% -52.9% $2,000,000 - $2,499,999 10 8 1 9 13 1 11.1% -38.5% $2,500,000 - $2,999,999 16 8 2 10 8 1 60.0% 0.0% $3,000,000 - $3,999,999 13 2 7 7 9 1 85.7% -77.8% $4,000,000 and up 22 7 3 24 4 6 -8.3% 75.0% MarketTotals 179 151 1 160 239 1 11.9% -36.8% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
Average Sale Price $1,020,339 $901,858 $868,326 $910,250 $893,432 $897,777 $984,186 $1,176,596 $1,314,679 $1,231,919 Average Sale Price Average Price/SqFt $284 $284 $277 $284 $277 $280 $292 $340 $387 $372 Average Price/SqFt Days On Market 119 110 105 105 96 91 90 54 42 55 Days On Market %Sale Price to List Price 94.8 96.1 95.8 96.0 96.0 94.8 98.1 99.1 101.8 97.1 %Sale Price to List Price
Single-family
Zone 2
Source: Onekey MLS,
homes,
* Homes sold for 2023 are annualized based on actual sales year-to-date.

NORTHWEST WESTCHESTER

SINGLE FAMILY HOMES

HOMES

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YORKTOWN
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Westchester, Putnam and Dutchess
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SOLD SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE CROTON HARMON 12 34 -65% 99 118 -16% HENDRICK HUDSON 22 33 -33% 138 170 -19% LAKELAND 34 63 -46% 311 335 -7% PEEKSKILL 7 31 -77% 109 97 12% YORKTOWN 27 38 -29% 179 196 -9% NorthwestWestchester 102 199 -49% 836 916 -9%
CROTON–HARMON HENDRICK HUDSON LAKELAND PEEKSKILL YORKTOWN HOMES SOLD Q 1 - 2023 VS. Q 1 - 2022 49% MEDIAN SALE PRICE Q 1 - 2023 VS. Q 1 - 2022 2% MEDIAN SALE PRICE SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE CROTON HARMON $609,500 $814,611 -25% $787,000 $715,000 10% HENDRICK HUDSON $540,000 $535,000 1% $574,500 $551,500 4% LAKELAND $500,000 $500,000 0% $520,000 $490,000 6% PEEKSKILL $480,000 $480,000 0% $481,000 $433,500 11% YORKTOWN $540,000 $585,000 -8% $650,000 $608,875 7% NorthwestWestchester $527,500 $540,000 -2% $565,000 $538,500 5% Source: Onekey MLS, Single-family homes, Zone 1

NORTHWEST WESTCHESTER

SINGLE FAMILY HOMES

CROTON–HARMON, HENDRICK HUDSON, LAKELAND, PEEKSKILL, YORKTOWN

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SUPPLY

TEN-YEAR MARKET HISTORY

DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 5 5 1 3 1 3 66.7% 400.0% $300,000  -$399,999 4 9 1 10 18 1 -60.0% -50.0% $400,000 - $499,999 13 18 1 14 26 1 -7.1% -30.8% $500,000 - $599,999 15 26 1 18 28 1 -16.7% -7.1% $600,000 - $799,999 26 31 1 19 28 1 36.8% 10.7% $800,000 - $999,999 5 10 1 17 15 1 -70.6% -33.3% $1,000,000 - $1,999,999 12 6 2 9 10 1 33.3% -40.0% $2,000,000 and up 3 0 Not Valid 2 1 2 50.0% -100.0% MarketTotals 83 105 1 92 127 1 -9.8% -17.3% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
Average Sale Price $421,695 $431,339 $419,440 $441,752 $456,746 $483,257 $514,427 $581,831 $626,629 $562,189 Average Sale Price Average Price/SqFt $202 $208 $210 $221 $229 $240 $256 $286 $308 $308 Average Price/SqFt Days On Market 108 102 94 83 72 71 63 46 37 54 Days On Market %Sale Price to List Price 96.2 97.7 98.2 98.8 98.9 98.6 99.3 101.3 102.0 99.9 %Sale Price to List Price Source: Onekey MLS, Single-family homes, Zone 1 * Homes sold for 2023 are annualized based on actual sales year-to-date.

WESTCHESTER COUNTY CONDOMINIUMS

QUARTERLY MARKET OVERVIEW Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE UNITS SOLD 201 396 -49.2% 1491 1668 -10.6% AVERAGE SALE PRICE $516,934 $583,382 -11.4% $570,734 $550,550 3.7% MEDIAN SALE PRICE $442,000 $447,500 -1.2% $450,000 $425,000 5.9% AVERAGE PRICE PER SQUARE FOOT $371 $407 -8.8% $402 $383 5.0% AVERAGE DAYS ON MARKET 65 66 -1.5% 51 58 -12.1% % SALE PRICE TO LIST PRICE 98.9 99.5 -0.6% 100.3 99.3 1.0% SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 28 25 1 42 57 1 -33.3% -56.1% $300,000  -$399,999 32 39 1 48 71 1 -33.3% -45.1% $400,000 - $499,999 36 39 1 37 49 1 -2.7% -20.4% $500,000 - $599,999 27 17 2 30 27 1 -10.0% -37.0% $600,000 - $799,999 21 25 1 30 43 1 -30.0% -41.9% $800,000 - $999,999 11 18 1 15 18 1 -26.7% 0.0% $1,000,000 - $1,999,999 32 31 1 21 49 1 52.4% -36.7% $2,000,000 and up 16 1 16 13 11 1 23.1% -90.9% MarketTotals 203 195 1 236 325 1 -14.0% -40.0% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand TEN-YEAR MARKET HISTORY Average Sale Price $423,000 $428,530 $422,642 $443,353 $442,707 $458,771 $482,135 $550,550 $570,734 $516,934 Average Sale Price Average Price/SqFt $288 $300 $309 $314 $324 $336 $342 $383 $402 $371 Average Price/SqFt Days On Market 94 88 83 72 67 69 66 58 51 65 Days On Market %Sale Price to List Price 96.8 97.3 97.4 97.8 97.8 97.5 97.8 99.3 100.3 98.9 %Sale Price to List Price Source: Onekey MLS, Condominiums * Homes sold for 2023 are annualized based on actual sales year-to-date.

WESTCHESTER COUNTY CO-OPERATIVES

QUARTERLY MARKET OVERVIEW Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE UNITS SOLD 405 512 -20.9% 2145 2145 0.0% AVERAGE SALE PRICE $227,038 $219,592 3.4% $230,853 $222,698 3.7% MEDIAN SALE PRICE $189,000 $189,430 -0.2% $195,000 $193,000 1.0% AVERAGE PRICE PER SQUARE FOOT $234 $231 1.3% $236 $228 3.5% AVERAGE DAYS ON MARKET 79 78 1.3% 72 72 0.0% % SALE PRICE TO LIST PRICE 97.7 98.3 -0.6% 98.5 97.9 0.6% SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 392 435 1 573 529 1 -31.6% -17.8% $300,000  -$399,999 44 34 1 61 73 1 -27.9% -53.4% $400,000 - $499,999 15 14 1 17 19 1 -11.8% -26.3% $500,000 - $599,999 11 3 4 6 7 1 83.3% -57.1% $600,000 - $799,999 12 2 6 7 7 1 71.4% -71.4% $800,000 - $999,999 3 4 1 3 6 1 0.0% -33.3% $1,000,000 - $1,999,999 1 1 1 2 2 1 -50.0% -50.0% $2,000,000 and up 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% MarketTotals 478 493 1 669 643 1 -28.6% -23.3% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand TEN-YEAR MARKET HISTORY Average Sale Price $179,697 $179,406 $185,854 $187,907 $198,839 $204,571 $219,766 $222,698 $230,853 $227,038 Average Sale Price Average Price/SqFt $174 $179 $188 $193 $204 $214 $225 $228 $236 $234 Average Price/SqFt Days On Market 139 124 103 95 77 68 66 72 72 79 Days On Market %Sale Price to List Price 95.5 96.1 96.8 97.5 97.9 98.0 97.7 97.9 98.5 97.7 %Sale Price to List Price Source: Onekey MLS, Co-Operatives * Homes sold for 2023 are annualized based on actual sales year-to-date.

BREWSTER-MAHOPAC

PUTNAM COUNTY

SINGLE FAMILY HOMES

HOMES SOLD

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SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE BREWSTER 41 62 -34% 220 269 -18% CARMEL 62 82 -24% 326 386 -16% GARRISON 7 11 -36% 30 43 -30% HALDANE 7 13 -46% 47 57 -18% LAKELAND 5 10 -50% 44 57 -23% MAHOPAC 38 60 -37% 276 359 -23% PUTNAM VALLEY 19 16 19% 121 187 -35% Putnamcounty 179 254 -30% 1064 1358 -22%
BREWSTER CARMEL GARRISON HALDANE LAKELAND MAHOPAC PUTNAM VALLEY HOMES SOLD Q 1 - 2023 VS. Q 1 - 2022 30% MEDIAN SALE PRICE Q 1 - 2023 VS. Q 1 - 2022 5% MEDIAN SALE PRICE SCHOOL DISTRICT Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE BREWSTER $390,000 $388,000 1% $450,000 $405,000 11% CARMEL $390,000 $422,500 -8% $415,501 $375,000 11% GARRISON $760,000 $580,000 31% $770,750 $947,500 -19% HALDANE $875,000 $915,000 -4% $760,000 $585,000 30% LAKELAND $510,000 $505,000 1% $525,000 $443,000 19% MAHOPAC $452,500 $520,500 -13% $540,000 $500,000 8% PUTNAM VALLEY $449,900 $425,625 6% $452,000 $396,500 14% Putnamcounty $450,000 $475,000 -5% $486,500 $440,000 11%
Onekey MLS, Single-family homes, Zone 9
Source:

PUTNAM COUNTY

SINGLE FAMILY HOMES

BREWSTER, CARMEL, GARRISON, HALDANE, LAKELAND, MAHOPAC, PUTNAM VALLEY

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TEN-YEAR MARKET HISTORY

DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 5 19 1 12 30 1 -58.3% -36.7% $300,000  -$399,999 16 36 1 33 43 1 -51.5% -16.3% $400,000 - $499,999 21 25 1 23 43 1 -8.7% -41.9% $500,000 - $599,999 10 25 1 20 25 1 -50.0% 0.0% $600,000 - $799,999 28 35 1 41 40 1 -31.7% -12.5% $800,000 - $999,999 5 15 1 14 11 1 -64.3% 36.4% $1,000,000 - $1,999,999 13 6 2 15 5 3 -13.3% 20.0% $2,000,000 and up 5 1 5 10 2 5 -50.0% -50.0% MarketTotals 103 162 1 168 199 1 -38.7% -18.6% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
Average Sale Price $362,883 $354,312 $358,374 $367,059 $390,203 $381,140 $433,668 $498,629 $541,021 $488,841 Average Sale Price Average Price/SqFt $175 $174 $176 $183 $195 $197 $210 $246 $267 $256 Average Price/SqFt Days On Market 142 136 123 112 90 77 79 58 48 65 Days On Market %Sale Price to List Price 94.9 95.8 96.5 96.8 97.4 97.5 97.6 99.9 100.4 99.1 %Sale Price to List Price Source: Onekey MLS, Single-family homes, Zone 9 * Homes sold for 2023 are annualized based on actual sales year-to-date.

PUTNAM COUNTY CONDOMINIUMS

QUARTERLY MARKET OVERVIEW Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE UNITS SOLD 26 49 -46.9% 168 201 -16.4% AVERAGE SALE PRICE $332,592 $304,398 9.3% $317,437 $296,474 7.1% MEDIAN SALE PRICE $322,500 $265,000 21.7% $295,000 $293,950 0.4% AVERAGE PRICE PER SQUARE FOOT $265 $228 16.2% $241 $215 12.1% AVERAGE DAYS ON MARKET 69 43 60.5% 41 46 -10.9% % SALE PRICE TO LIST PRICE 100.4 98.5 1.9% 101.0 99.7 1.3% SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 3 6 1 2 13 1 50.0% -53.8% $300,000  -$399,999 5 13 1 4 17 1 25.0% -23.5% $400,000 - $499,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $500,000 - $599,999 0 1 0 0 1 0 0.0% 0.0% $600,000 - $799,999 1 0 Not Valid 1 0 Not Valid 0.0% 0.0% $800,000 - $999,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $1,000,000 - $1,999,999 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% $2,000,000 and up 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% MarketTotals 9 20 1 7 31 1 28.6% -35.5% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand TEN-YEAR MARKET HISTORY Average Sale Price $254,240 $279,172 $246,529 $241,929 $276,336 $253,968 $262,118 $296,474 $317,437 $332,592 Average Sale Price Average Price/SqFt $163 $176 $166 $168 $194 $187 $203 $215 $241 $265 Average Price/SqFt Days On Market 116 124 121 88 76 64 82 46 41 69 Days On Market %Sale Price to List Price 95.8 97.0 97.4 96.9 98.4 98.1 97.9 99.7 101.0 100.4 %Sale Price to List Price Source: Onekey MLS, Condominiums * Homes sold for 2023 are annualized based on actual sales year-to-date.

DUTCHESS COUNTY

SINGLE FAMILY HOMES

*Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand TEN-YEAR MARKET HISTORY

QUARTERLY MARKET OVERVIEW Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE HOMES SOLD 371 527 -29.6% 2162 2768 -21.9% AVERAGE SALE PRICE $449,817 $485,120 -7.3% $509,529 $474,640 7.4% MEDIAN SALE PRICE $389,900 $390,000 0.0% $411,000 $390,000 5.4% AVERAGE PRICE PER SQUARE FOOT $224 $286 -21.7% $247 $321 -23.1% % SALE PRICE TO LIST PRICE 97.4 99.6 -2.2% 99.3 99.9 -0.6% SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 50 52 1 65 74 1 -23.1% -29.7% $300,000  -$399,999 73 84 1 70 115 1 4.3% -27.0% $400,000 - $499,999 79 65 1 56 76 1 41.1% -14.5% $500,000 - $599,999 58 43 1 34 40 1 70.6% 7.5% $600,000 - $799,999 75 31 2 48 38 1 56.3% -18.4% $800,000 - $999,999 28 16 2 18 13 1 55.6% 23.1% $1,000,000 - $1,999,999 45 11 4 37 17 2 21.6% -35.3% $2,000,000 and up 22 4 6 25 6 4 -12.0% -33.3% MarketTotals 430 306 1 353 379 1 21.8% -19.3%
Average Sale Price $287,420 $282,862 $286,860 $298,238 $331,954 $334,166 $419,851 $474,640 $509,529 $449,817 Average Sale Price Average Price/SqFt $133 $133 $135 $146 $156 $164 $189 $216 $234 $224 Average Price/SqFt Days On Market 171 171 173 156 149 141 139 129 105 102 Days On Market %Sale Price to List Price 93.7 94.9 96.1 96.8 97.2 97.0 98.6 99.9 99.3 97.4 %Sale Price to List Price Source: Mid-Hudson Multiple Listing Service, Residential-detached homes. * Homes sold for 2023 are annualized based on actual sales year-to-date.

POUGHKEEPSIE AREA

SOUTHWEST DUTCHESS

SINGLE FAMILY HOMES

HOMES SOLD

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EAST FISHKILL

LA GRANGE

32%

AVERAGE SALE PRICE

TOWN/CITY Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE BEACON 6 20 -70% 92 127 -28% EAST FISHKILL 24 61 -61% 226 309 -27% FISHKILL 19 31 -39% 106 113 -6% LA GRANGE 38 32 19% 162 207 -22% POUGHKEEPSIE TWP 64 94 -32% 353 464 -24% POUGHKEEPSIE CITY 24 39 -39% 133 154 -14% WAPPINGER 28 21 33% 140 208 -33% SouthwestDutchess 203 298 -32% 1212 1582 -23%
BEACON
FISHKILL
POUGHKEEPSIE TWP POUGHKEEPSIE CITY WAPPINGER HOMES SOLD Q 1 - 2023 VS. Q 1 - 2022
AVERAGE SALE PRICE Q 1 - 2023 VS. Q 1 - 2022
0%
TOWN/CITY Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE BEACON $444,950 $532,500 -16% $525,000 $420,000 25% EAST FISHKILL $482,500 $460,000 5% $509,875 $469,000 9% FISHKILL $440,500 $390,000 13% $437,500 $410,000 7% LA GRANGE $399,450 $398,000 0% $439,000 $400,465 10% POUGHKEEPSIE TWP $352,500 $350,500 1% $367,500 $350,000 5% POUGHKEEPSIE CITY $352,508 $323,000 9% $339,200 $290,000 17% WAPPINGER $375,000 $410,000 -9% $425,000 $393,250 8% SouthwestDutchess $390,000 $390,000 0% $410,000 $388,000 6%
Source: Mid-Hudson Multiple Listing Service reports the Average Sale Price.

SOUTHWEST DUTCHESS

SINGLE FAMILY HOMES

BEACON, EAST FISHKILL, FISHKILL, LA GRANGE, POUGHKEEPSIE TWP, POUGHKEEPSIE CITY, WAPPINGER

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SUPPLY DEMAND ANALYSIS

TEN-YEAR MARKET HISTORY

AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 17 31 1 25 46 1 -32.0% -32.6% $300,000  -$399,999 42 57 1 40 70 1 5.0% -18.6% $400,000 - $499,999 49 45 1 32 51 1 53.1% -11.8% $500,000 - $599,999 30 25 1 24 25 1 25.0% 0.0% $600,000 - $799,999 36 16 2 29 20 1 24.1% -20.0% $800,000 - $999,999 19 10 2 11 5 2 72.7% 100.0% $1,000,000 - $1,999,999 13 2 7 6 3 2 116.7% -33.3% $2,000,000 and up 3 1 3 1 0 Not Valid 200.0% 0.0% MarketTotals 209 187 1 168 220 1 24.4% -15.0% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
Average Sale Price $264,321 $264,243 $275,742 $282,042 $314,304 $323,063 $361,418 $411,024 $447,518 $431,446 Average Sale Price Average Price/SqFt $126 $128 $133 $141 $152 $163 $178 $203 $223 $217 Average Price/SqFt Days On Market 165 164 170 154 144 138 130 125 99 96 Days On Market %Sale Price to List Price 96.1 96.5 97.7 98.0 98.9 98.3 99.3 100.9 100.6 98.2 %Sale Price to List Price Source: Mid-Hudson Multiple Listing Service, Residential-detached homes. * Homes sold for 2023 are annualized based on actual sales year-to-date.

SOUTHEAST DUTCHESS

SINGLE FAMILY HOMES

HOMES SOLD

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AVERAGE

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DUTCHESS COUNTY
TOWN/CITY Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE BEEKMAN 10 22 -55% 96 127 -24% DOVER 8 14 -43% 48 47 2% PAWLING 6 12 -50% 42 55 -24% UNION VALE 10 11 -9% 45 50 -10% SoutheastDutchess 34 59 -42% 231 279 -17%
BEEKMAN DOVER PAWLING UNION VALE HOMES SOLD Q 1 - 2023 VS. Q 1 - 2022 42% AVERAGE SALE PRICE Q 1 - 2023 VS. Q 1 - 2022 2%
SALE PRICE TOWN/CITY Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE BEEKMAN $502,500 $409,687 23% $450,000 $450,000 0% DOVER $238,025 $310,000 -23% $331,000 $289,750 14% PAWLING $402,500 $525,000 -23% $539,450 $436,000 24% UNION VALE $502,675 $550,000 -9% $480,000 $457,500 5% SoutheastDutchess $407,500 $414,375 -2% $437,000 $425,000 3%
Mid-Hudson Multiple Listing Service reports the Average Sale Price.
Source:

SOUTHEAST DUTCHESS

SINGLE FAMILY HOMES

BEEKMAN, DOVER, PAWLING, UNION VALE

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SUPPLY

TEN-YEAR MARKET HISTORY

AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 10 7 1 8 6 1 25.0% 16.7% $300,000  -$399,999 5 3 2 7 10 1 -28.6% -70.0% $400,000 - $499,999 4 4 1 3 14 1 33.3% -71.4% $500,000 - $599,999 14 6 2 4 10 1 250.0% -40.0% $600,000 - $799,999 11 7 2 10 5 2 10.0% 40.0% $800,000 - $999,999 3 1 3 1 0 Not Valid 200.0% 0.0% $1,000,000 - $1,999,999 9 0 Not Valid 7 3 2 28.6% -100.0% $2,000,000 and up 2 0 Not Valid 3 2 2 -33.3% -100.0% MarketTotals 58 28 2 43 50 1 34.9% -44.0% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
DEMAND ANALYSIS
Average Sale Price $300,413 $303,007 $290,055 $307,284 $310,391 $334,548 $390,608 $501,923 $494,267 $442,571 Average Sale Price Average Price/SqFt $131 $134 $130 $134 $157 $155 $178 $212 $213 $207 Average Price/SqFt Days On Market 178 195 187 167 156 140 146 135 119 120 Days On Market %Sale Price to List Price 95.4 94.1 94.3 95.9 96.2 95.9 97.2 98.8 99.2 99.1 %Sale Price to List Price Source: Mid-Hudson Multiple Listing Service, Residential-detached homes. * Homes sold for 2023 are annualized based on actual sales year-to-date.

NORTHWEST DUTCHESS

SINGLE FAMILY HOMES

HOMES

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COUNTY Preview all our HD Videos of Westchester, Putnam and Dutchess houlihanlawrence.com/communities
DUTCHESS
SOLD TOWN/CITY Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE CLINTON 7 12 -42% 53 51 4% HYDE PARK 35 46 -24% 179 227 -21% MILAN 4 3 33% 30 26 15% PLEASANT VALLEY 15 23 -35% 83 113 -27% RED HOOK 12 9 33% 61 88 -31% RHINEBECK 16 18 -11% 64 120 -47% NorthwestDutchess 89 111 -20% 470 625 -25%
CLINTON HYDE PARK MILAN PLEASANT VALLEY RED HOOK RHINEBECK HOMES SOLD Q 1 - 2023 VS. Q 1 - 2022 20% AVERAGE SALE PRICE Q 1 - 2023 VS. Q 1 - 2022 2% AVERAGE SALE PRICE TOWN/CITY Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE CLINTON $475,000 $661,000 -28% $650,000 $460,000 41% HYDE PARK $320,000 $306,500 4% $325,000 $300,000 8% MILAN $452,975 $330,000 37% $616,000 $617,500 0% PLEASANT VALLEY $349,000 $347,500 0% $389,000 $368,750 6% RED HOOK $482,500 $457,500 6% $500,000 $457,000 9% RHINEBECK $615,000 $565,000 9% $725,000 $675,500 7% NorthwestDutchess $382,500 $375,000 2% $400,500 $380,000 5% Source: Mid-Hudson Multiple Listing Service reports the Average Sale Price.

NORTHWEST DUTCHESS

SINGLE FAMILY HOMES

CLINTON, HYDE PARK, MILAN, PLEASANT VALLEY, RED HOOK, RHINEBECK

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SUPPLY

TEN-YEAR MARKET HISTORY

OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 12 12 1 20 14 1 -40.0% -14.3% $300,000  -$399,999 20 17 1 13 19 1 53.8% -10.5% $400,000 - $499,999 14 13 1 12 10 1 16.7% 30.0% $500,000 - $599,999 8 11 1 4 2 2 100.0% 450.0% $600,000 - $799,999 18 7 3 5 4 1 260.0% 75.0% $800,000 - $999,999 3 3 1 2 8 1 50.0% -62.5% $1,000,000 - $1,999,999 13 5 3 11 5 2 18.2% 0.0% $2,000,000 and up 7 3 2 12 3 4 -41.7% 0.0% MarketTotals 95 71 1 79 65 1 20.3% 9.2% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
DEMAND ANALYSIS AS
Average Sale Price $308,849 $282,114 $280,385 $304,969 $343,282 $348,848 $492,055 $530,425 $592,518 $458,104 Average Sale Price Average Price/SqFt $144 $132 $137 $149 $158 $166 $209 $235 $257 $234 Average Price/SqFt Days On Market 176 169 164 153 147 141 143 125 107 104 Days On Market %Sale Price to List Price 93.2 94.1 94.8 96.2 95.9 96.1 99.6 100.4 97.6 98.2 %Sale Price to List Price Source: Mid-Hudson Multiple Listing Service, Residential-detached homes. * Homes sold for 2023 are annualized based on actual sales year-to-date.

NORTHEAST DUTCHESS

SINGLE FAMILY HOMES

HOMES

CLICK TO OBTAIN A SPECIFIC TOWN/CITY MONTHLY MARKET REPORT.

DUTCHESS COUNTY Preview all our HD Videos of Westchester, Putnam and Dutchess houlihanlawrence.com/communities
SOLD TOWN/CITY Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE AMENIA 10 10 0% 41 46 -11% NORTH EAST 1 3 -67% 14 15 -7% PINE PLAINS 5 5 0% 22 23 -4% STANFORD 7 4 75% 36 48 -25% WASHINGTON 11 5 120% 36 49 -27% NortheastDutchess 34 27 26% 149 181 -18%
AMENIA NORTH EAST PINE PLAINS STANFORD WASHINGTON HOMES SOLD Q 1 - 2023 VS. Q 1 - 2022 26% AVERAGE SALE PRICE Q 1 - 2023 VS. Q 1 - 2022 16% AVERAGE SALE PRICE TOWN/CITY Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE AMENIA $262,250 $489,500 -46% $362,500 $287,500 26% NORTH EAST $290,000 $1,495,000 -81% $372,500 $450,000 -17% PINE PLAINS $350,000 $346,500 1% $348,250 $330,000 6% STANFORD $385,000 $390,000 -1% $602,500 $450,000 34% WASHINGTON $700,000 $999,999 -30% $753,750 $785,000 -4% NortheastDutchess $377,500 $447,000 -16% $435,000 $442,500 -2%
Mid-Hudson
Listing
Average
Source:
Multiple
Service reports the
Sale Price.

NORTHEAST DUTCHESS

SINGLE FAMILY HOMES

AMENIA, NORTH EAST, PINE PLAINS, STANFORD, WASHINGTON

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SUPPLY

TEN-YEAR MARKET HISTORY

DEMAND
AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 9 1 9 8 6 1 12.5% -83.3% $300,000  -$399,999 2 3 1 4 7 1 -50.0% -57.1% $400,000 - $499,999 6 1 6 4 1 4 50.0% 0.0% $500,000 - $599,999 4 0 Not Valid 1 1 1 300.0% -100.0% $600,000 - $799,999 9 1 9 2 7 1 350.0% -85.7% $800,000 - $999,999 3 1 3 4 0 Not Valid -25.0% 0.0% $1,000,000 - $1,999,999 9 4 2 12 6 2 -25.0% -33.3% $2,000,000 and up 10 0 Not Valid 9 1 9 11.1% -100.0% MarketTotals 52 11 5 44 29 2 18.2% -62.1% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand
ANALYSIS
Average Sale Price $463,158 $472,708 $439,423 $430,139 $553,985 $432,414 $684,243 $831,763 $835,798 $554,571 Average Sale Price Average Price/SqFt $167 $188 $166 $201 $197 $179 $222 $271 $280 $244 Average Price/SqFt Days On Market 208 212 212 193 198 186 191 162 130 115 Days On Market %Sale Price to List Price 80.5 88.9 91.3 92.6 92.0 91.1 95.3 96.2 97.1 91.3 %Sale Price to List Price Source: Mid-Hudson Multiple Listing Service, Residential-detached homes. * Homes sold for 2023 are annualized based on actual sales year-to-date.

DUTCHESS COUNTY CONDOMINIUMS

QUARTERLY MARKET OVERVIEW Q1 2023 Q1 2022 % CHANGE FULL YEAR 2022 FULL YEAR 2021 % CHANGE UNITS SOLD 81 137 -40.9% 515 628 -18.0% AVERAGE SALE PRICE $302,534 $275,298 9.9% $292,901 $266,743 9.8% MEDIAN SALE PRICE $265,000 $255,000 3.9% $270,000 $235,000 14.9% AVERAGE PRICE PER SQUARE FOOT $208 $199 4.5% $212 $192 10.4% AVERAGE DAYS ON MARKET 92 125 -26.4% 97 127 -23.6% % SALE PRICE TO LIST PRICE 98.7 100.6 -1.9% 100.8 98.7 2.1% SUPPLY DEMAND ANALYSIS AS OF MARCH 31, 2023 AS OF MARCH 31, 2022 2023 vs. 2022 PRICE RANGE SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* SUPPLY: ACTIVE LISTINGS DEMAND: PENDING SALES SUPPLY/ DEMAND RATIO* % CHANGE IN LISTINGS % CHANGE IN PENDINGS $0 - $299,999 20 30 1 19 46 1 5.3% -34.8% $300,000  -$399,999 6 12 1 8 16 1 -25.0% -25.0% $400,000 - $499,999 7 3 2 12 8 2 -41.7% -62.5% $500,000 - $599,999 5 1 5 5 3 2 0.0% -66.7% $600,000 - $799,999 9 7 1 3 1 3 200.0% 600.0% $800,000 - $999,999 9 0 Not Valid 1 0 Not Valid 800.0% 0.0% $1,000,000 - $1,999,999 3 1 3 2 1 2 50.0% 0.0% $2,000,000 and up 0 0 Not Valid 0 0 Not Valid 0.0% 0.0% MarketTotals 59 54 1 50 75 1 18.0% -28.0% *Supply Demand Ratio Key   1-4: High Demand   5-6: Balanced   7-9: Low Demand   10+: Very Low Demand TEN-YEAR MARKET HISTORY Average Sale Price $205,677 $191,248 $196,896 $195,776 $208,519 $218,425 $249,159 $266,743 $292,901 $302,534 Average Sale Price Average Price/SqFt $135 $132 $131 $139 $146 $153 $172 $192 $212 $208 Average Price/SqFt Days On Market 178 174 159 137 149 146 131 127 97 92 Days On Market %Sale Price to List Price 97.3 96.8 97.5 96.4 98.5 98.3 98.2 98.7 100.8 98.7 %Sale Price to List Price Source: Mid-Hudson Multiple Listing Service, Residential-attached homes. * Homes sold for 2023 are annualized based on actual sales year-to-date.
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