All seemed well in Westchester’s home market in the first quarter right up until the coronavirus pandemic cast a pall over the state.
Single-family contracts were up 8 percent in both January and February year-over-year, Westfair reported, but dropped 3.7 percent in March, according to a report by Westchester Real Estate Inc., a group comprised of local real estate companies.
Contract signings in Putnam County for the first two months of the year were relatively unchanged compared to 2019 and also began slowing in March. Still, prices grew for single-family homes in both counties — 5.8 percent in Westchester and 2.4 percent in Putnam, year-over-year. [Westfair] — Dennis Lynch