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Saturday, November 2, 2024

Pricing for the median home in Rye increased during the first quarter of 2020

Realestate3

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Adobe Stock

The median sale price of a home sold in the first quarter of 2020 in Rye rose by $580,000 while total sales decreased by 21.7%, according to BlockShopper.com.

From January through March of 2020, there were 18 homes sold, with a median sale price of $1,742,500 - a 49.9% increase over the $1,162,500 median sale price for the same period of the previous year. There were 23 homes sold in Rye in the first quarter of 2019.

The following table compares Rye to other Westchester County cities with similar median sale prices in the first quarter of 2020:

CityJan. - Mar. 2020 Home SalesJan. - Mar. 2019 Home Sales% change (Total Home Sales)Jan. - Mar. 2020 Median Sales PriceJan. - Mar. 2019 Median Sales Price% change (Median Sales Price)
Greenburgh34-25%$2,475,000$378,000554.8%
Bronxville880%$2,175,000$1,726,00026%
Rye1823-21.7%$1,742,500$1,162,50049.9%
North Castle13-66.7%$947,500$621,00052.6%
Port Chester3250%$750,000$465,00061.3%
Mamaroneck Town110%$715,000$327,500118.3%
Pound Ridge1227-55.6%$695,000$925,000-24.9%
White Plains3662-41.9%$625,000$608,5002.7%
Dobbs Ferry20-$623,500$0-
Scarsdale3250%$620,000$518,75019.5%
Ossining Village41300%$532,500$735,000-27.6%

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