The Under Contract Properties in Westchester, 90045 are up by 18 per cent. Keep in mind the Media Price has increase as I wrote in previous posts about this so interestingly the Average Days on Market has increased as well. It is not a major increase hence I attribute this to the Lenders not being as aggressive with the closings due to the Holidays....
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The Median Sold Price by month is up by 6% in Westchester. These are interesting statistics. The facts are, that in November 2013 the Median Sold price in the 90045 zip code was $770,000 and now in November 2014 the Median Sold Price is $820,000. This is an upward tick of $50,000! Clearly other factors should be looked at as well. For example the...