Westchester sales down 3 percent from last year

In the first quarter of 2018, the number of homes sold fell nearly three percent from the same period the year before, according to the first Westchester market report published by Berkshire Hathaway, which acquired Houlihan Lawrence last year. The number of sales has steadily declined since the third quarter of 2017, the report states. The median list price hovered at $455,000 in the first quarter, up just two percent from the same period last year. Berkshire Hathaway’s report also noted that rising rents appear to be pushing young adults to buy. [Berkshire Hathaway]