Our Westchester Market Is Still Strong

A lifelong resident of Chappaqua, Ted began his career as a mortgage loan officer over 20 years ago, eventually co-owning The Asset Center, Inc., a mortgage brokerage firm in Armonk, NY.

Let’s Explore Your Selling Options. I’ll help you sell your home at the price and terms you want. Free Selling Strategy Call

The latest data from our housing market and what it means for you.

We’re halfway through 2022, so today I’ll give you an update on what’s happening in our local Westchester housing market. Rising interest rates, inflation, and sales prices will continue to be challenging this year. However, the market is shifting, and expert opinions are mixed on where the market is heading. Let’s take a look at the data for our local market so far this year.

“The market is still on solid ground.”

The total number of closed sales this year was 11,082 compared to 10,837 last year, which is only a 2% decrease. Similarly, the median sales price is almost unchanged at $625,000 this year compared to $626,000 last year.

The number of homes for sale was 2,332 this year compared to 3,071 in 2021. That’s a 24% year-over-year decrease. The median days on market went from 35 days in 2021 to 28 days this year.

The market is still on solid ground. We don’t have enough inventory to satisfy the demand for homes. Keep in mind that this is a more general overview. If you want to know more about your specific neighborhood or have any questions, feel free to call or email me. I’d love to help.

Watch More

Honesty. Trust. Reputation.

I’ll price your home competitively and attract the perfect buyer

Are you thinking about selling your home here in Chappaqua? There are a lot of ways to do that now, and I’ll help you understand all your options. It starts with a home selling strategy call so I can better understand your needs, goals, and timeline for your move. I also want to see the condition and unique features of your home. Once I have that research, I can help you understand what program is best for you. Maybe it’s an upfront cash offer with the best terms, or possibly we remodel it to attract the modern buyer, or we can list it traditionally as is with beautiful marketing. I also have loan programs to help you buy your next home before you sell so it’s not so stressful when it comes to timing your sale. I’ve been selling real estate for 20 years here in Chappaqua with 560 transitions under my belt and 100 reviews on Google and Zillow. If it’s time to sell your home, I can deliver you a fast, stress-free home sale with the confidence you need to move on with your life. You can subscribe to my Chappaqua real estate newsletter so we can get to know each other, you can request a free home value estimate so we know what your home will sell for today, or book a free home selling strategy call with me to get the process started where I first learn all I can about when and why you want to sell your home.

Sell Your Home With Confidence

I’ll handle everything to close on time at your price and terms

I help you price your home competitively

I help you market your home to potential buyers

I help you sell your home within a specific timeframe

I help you navigate the paperwork and negotiations to settlement

What Our Clients Say

"When we chose Ted Holmes as our realtor to sell our house we immediately knew we made the right decision. Our first meeting included an in-depth market analysis and review of his experience, thoughts, and suggestions on how to best showcase our home to receive the best offers. Ted set up the photo shoot and video narrative highlighting the features in the house that would bring us serious buyers. Ted planned, advertised, and held a successful open house on the second day of putting our house on the market which brought several offers. His professionalism and insight into the market made us feel confident that the offer we accepted was the right one for us. We wholeheartedly recommend Ted Holmes when selecting a broker who will put your interests first."

- Matthew Ruvo

"We cannot thank Ted enough for guiding us through the current market in Northern Westchester to help us find our first family home in Chappaqua. Ted is the most knowledgeable realtor in this area having lived his entire life and having raised two kids here. He was able to schedule many showings often last minute and at times that were inaccessible to others because he is so well respected among the realtors in this area. He spent countless hours on calls with us talking through the pros and cons of each home and guided us through the offer process through the closing. He took our preferences seriously and always had us in mind for new listings. Ted was helpful well beyond his role as a realtor (eg, for service providers, contacts for the town, etc.). He continued to check in with us even after we moved in. We would have been lost without Ted and are so happy that two of my colleagues recommended him. Definitely trust Ted to find your new home!"

- Alexa Dale

"We are so grateful to have had Ted as our real estate agent during our home search in Pleasantville. He truly went above and beyond to find us the perfect home that fit all of our needs and wants. Ted was always available to answer any questions we had and made the process stress-free and enjoyable. His knowledge of the area and attention to detail were invaluable. After our offer was accepted, Ted made time to gather relevant documentation from the village and town, volunteered to drop by the home for appointments we could not make, and provided an extremely thorough list of professional service providers we would during the contract and post-closing phases. We could not ask for more in a real estate agent. We would highly recommend Ted to anyone looking to buy a home in Pleasantville or the surrounding areas!"

- Paolo Lim