Home sales rise in Westchester, Putnam

There were 6,586 closed residential transactions in Westchester County and 646 in Putnam County during 2010, according to the Westchester Putnam Association of Realtors’ fourth-quarter report, released today. The total dollar volume of sales in both counties was $4.3 billion in 2010, compared to $3.5 billion in 2009. That activity resulted in a 13 percent increase in sales since 2009 in Westchester County, and just a .5 percent increase in sales in Putnam County, compared to 2009. The single-family housing sector in both counties did the best, with Westchester’s 4,014 house sales seeing a nearly 20 percent increase over 2009’s sales, and Putnam County’s 576 house sales increasing by close to 6 percent over 2009. Condominium sales in Westchester picked up their pace, too, with a 14 percent increase over 2009. In Putnam County, however, condominium sales decreased by 28 percent from 2009. TRD