AUGUST 26– HOUSING PRICES REMAIN HIGH. SIGNS MARKET IS STABILIZING

WHITE PLAINS, NY (August 2025) – The Hudson Gateway Association of REALTORS® (HGAR) has released its July 2025 housing report, showing that the region’s real estate market remains resilient with continued price strength, even as inventory challenges persist.
Data from OneKey® MLS shows a blend of rising prices, growing days on market, and stabilizing sales activity in several counties — highlighting the complexity of this post-pandemic housing environment.
 
“Westchester continues to drive regional price trends, but we’re seeing interesting activity across our entire footprint,” said Lynda Fernandez, HGAR CEO. “In July, inventory saw small gains in some counties, but the market is still tight overall. While sales are slightly down in some places, prices are holding, indicating strong underlying demand. Buyers are adapting, expanding their options, and looking for value, while sellers are adjusting expectations and timelines.”
 
Key Regional Trends
  • Mortgage Rates: With 30-year mortgage rates averaging around 7% in July, many buyers remain cautious. Still, the Hudson Valley continues to attract those seeking space, value, and proximity to New York City.
  • Shift in Buyer Behavior: Increased exploration of co-ops, condos, and townhomes continues, as affordability remains top of mind.
  • Luxury vs. Entry-Level: Homes under $500,000 are still moving quickly, while higher-end properties are lingering longer and often require strategic pricing and staging.
  • Inventory and Leverage:
  • Inventory levels remain below the 6-9 months considered balanced. Markets like the Bronx, now at over 7 months of inventory, are offering buyers more negotiating room, while counties like Westchester and Rockland remain seller-favored.
County Highlights
 
Westchester County
  • The median single-family home price hit $1,500,000 (+11% YoY).
  • Closed sales were up 4%, while new listings dropped 6%.
  • Days on market dropped to 18, down 5%, and months of inventory remained tight at 2.5.
  • Condo prices rose 1%, co-ops 5%. Condos saw a decline in closed sales by 11% while co-op closed sales were up 2%.
Putnam County
  • Median price increased to $565K (+11%).
  • Closed sales were up 16%.
  • Inventory rose to 3.3 months, and days on market were up 4% to 26.
  • Condo prices rose to $387K, up 9%.
Rockland County
  • Single-family median price: $765,000 (+17%).
  • Closed sales were up slightly (+2%), but co-op sales dropped by 40%.
  • Inventory sits at 3.2 months.
  • New listings up 11%, but days on market dropped to 19 almost 10%.
Orange County
  • Median price reached $460,000 (+2.2%).
  • Closed sales were up 4%.
  • Inventory at 4.1 months with 405 new listings.
  • Days on market rose to 31.
Bronx County
  • Median price rose to $468,000 (+9.5%).
  • Co-ops remain in high demand, up 6.7% in median price.
  • Closed sales were down 16%, and new listings dropped slightly by 1.7%.
  • Inventory at 7.6 months offers more negotiating power for buyers.
 
“With pricing trends holding firm and slight upticks in inventory, we’re seeing a transition — not a downturn,” Fernandez added. “Buyers who are prepared and realistic can find opportunities, and sellers should expect more measured activity. This is when professional guidance from a REALTOR® truly matters.”
 
In today’s complex market, both buyers and sellers benefit from a strategic, informed approach. Buyers should be prepared with financing, stay flexible on location and property type, and act quickly on well-priced listings. Sellers should focus on competitive pricing and strong presentation, especially as higher-end homes spend more time on the market. Partnering with a knowledgeable REALTOR® is essential to navigating shifting conditions, uncovering opportunities, and making confident decisions.
 
The full July 2025 housing report, including interactive charts and county-level data, is available at www.hgar.com/market-stats.
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AUGUST 25– NEW! “THIRTEEN HUNDRED THE NEW WPTV!” OPTIMUM MOVES WHITE PLAINS TELEVISION STATIONS DOWN THE DIAL TO CHANNELS 1300,1305 1310 CHANNELTO CH 1300 OPTIMUM

YOUR FAVORITE PUBLIC ACCESS CHANNEL IS ON 1300, THE EDUCATION CHANNEL 1305 AND THE GOVERNMENT CHANNEL IS 1310.

NO CHANGE IN CHANNELS ON THE VERIZON CABLE SERVICE

WPCNR MEDIA MAYHEM. By John F. Bailey. August 25, 2025:

If you missed White Plains Week Friday night  on Channel 76, it was on but Optimum. Optimum switched the White Plains public channels to 1300, 1305 and 13, effective that night. P

Optimum did not notify subscribers of the change to my knowledge. I get Optimum, and they did not notify me of the change

Verizon is staying the same, public access channel 45 and government access channel 47.

I have expressed disappointment with Cablevision for not giving White Plains Community Media any notification of this change. Had we known we would have let our producers make announcements on their shows about the change.
You may always find your shows on www.wpcommunitymedia.org.
Including White Plains Week, Beyond the Game, The Old Guard–television for the people by the people still  the spirit of ’76
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AUGUST 25, 2025: SUMMER COVID WAVE SPANS THE USA: YOUR LOCAL EPIDEMIOLOGIST REPORTS

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AUGUST 22 —WHITE PLAINS WEEK THE FRIDAY AUGUST 22 REPORT WITH JOHN BAILEY AND THE NEWS ON WWW.WPCOMMUNITYMEDIA.ORG. 7:30 TONIGHT ON FIOS CH 45 AND OOPTIMUM CH 76

LEONARD LOLIS LAUNCHES HIS CAMPAIGN FOR MAYOR AGAINST JUSTIN BRASCH

WESTMORELAND RENNAISSANCE CONTINUES. 154 APARTMENTS PROPOSED FOR 114 WESTMORELAND AVENUE

 

DIRECTOR OC CLINICAL SERVICES TELLS HOW TO GET VACCINATIONS FOR SCHOOL. TESTING FOR SEXUALLY TRANSMITTED DISEASES IN WHITE PLAINS AND YONKERS–FREE

NY COMPTROLLER REPORTS GROWING NUMBERS OF SENIOR CITIZENS CANNOT FIND AFFORDABLE HOUSING. TOO AFFORDABLE HOUSING SHORTAGE NOT ONLY AFFECTS 20S 30S AND 40S BUT SENIORS TOO.

LEGISLATURE GIVEN WAKE-UP CALL ON LONG COVID, COVID GROWTH

 

PAUL FEINER REPORTS ON THE HIGH COST OF SEWER REPLACEMENT $1 MILLION TO $16 MILLION FOR MASSIVE EAST HARTSDALE AVENUE REPAIR. A HEADS UP SITATION WHITE PLAINS MAY FACE

CAN ANYBODY KEEP OUR BEACHES POLLUTION FREE. CLOSURES EACH WEEK OF COUNTY SOUTH SHORE BEACHES WREAKS HOTTEST SUMMER EVER IN THE COUNTY 

WITH JOHN BAILEY AND THE NEWS

THIS WEEK EVERY WEEK FOR 24 YEARS

ON WHITE PLAINSWEEK

 

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