Q3 2025 Westchester County Real Estate Market Insights

By Ted Holmes

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.

Wondering what’s happening in the Northern Westchester real estate market? As we move into the final quarter of 2025, prices are rising, inventory is tight, and demand shows no signs of slowing. Whether you’re planning to buy or sell, understanding the numbers behind these trends can help you make smart decisions before the new year. The latest data from the third quarter are here, and it’s showing just how competitive the market has become, and why conditions continue to favor sellers across much of Northern Westchester.

Here’s what you need to know.

Westchester home prices continue to climb. In September 2025, the median sales price for single-family homes rose 8% year-over-year, from $910,000 to $994,000. Closed sales also increased 12%, with 440 homes sold compared to 385 the year before. This growth reflects strong buyer activity even as affordability pressures persist.

Inventory remains limited. The number of available listings dropped slightly, down 2% to 958 active homes. With only 2.4 months of supply, Westchester remains a clear seller’s market. Days on market remained steady at an average of 35 days, indicating that well-priced homes continue to sell quickly.

Condominiums show steady performance. The condominium sector also saw healthy activity. Closed sales rose 7% year-over-year, while inventory stayed almost unchanged. The median price dipped modestly to $530,000, indicating a return to balance in this segment. However, with days on market increasing slightly, buyers still need to act quickly when desirable units appear.

What it means for buyers and sellers. For buyers, preparation is critical. Get preapproved and be ready to move quickly when a home meets your criteria, as the best properties still attract multiple offers. For sellers, conditions remain highly favorable. With low supply and steady demand, properly priced homes are selling fast and often above asking.

If you’d like a personalized look at how your neighborhood is performing or want to know your home’s current value, I’d be happy to help. Contact me at (914) 548-6179, email ted.holmes@raveis.com, or visit theholmesteamny.com. Staying informed today will help you make confident, profitable decisions in tomorrow’s market.