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Tuesday, November 5, 2024

What happened to the median home price in Rye during January 2020?

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The median sale price of a home sold in January 2020 in Rye rose by $540,000 while total sales decreased by 46.2%, according to BlockShopper.com.

In January 2020, there were seven homes sold, with a median sale price of $1,975,000 - a 37.6% increase over the $1,435,000 median sale price for the same period of the previous year. There were 13 homes sold in Rye in January 2019.

The following table compares Rye to other Westchester County cities with similar median sale prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Greenburgh3250%$2,475,000$290,500752%
Rye713-46.2%$1,975,000$1,435,00037.6%
Bronxville14-75%$1,900,000$2,062,500-7.9%
Scarsdale110%$895,000$650,00037.7%
Ossining Village21100%$757,500$735,0003.1%
Dobbs Ferry10-$716,000$0-
Pound Ridge517-70.6%$710,000$925,000-23.2%
Port Chester20-$609,500$0-
White Plains1423-39.1%$596,000$625,000-4.6%
Lewisboro110%$565,000$700,000-19.3%
Yonkers908111.1%$486,250$479,0001.5%

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