Real Estate Market Stats First Six Months 2019 – Davis Elementary School District New Rochelle

While I have posted a blog about the 2019 real estate market in general ending on June 30th,   I also wanted to post the homes sold in the different  Elementary School Districts for a better appreciation of the different areas, different price points.

The stats are referencing absorption rates. We always refer to absorption rates as being an indicator of the current real estate market, and we define that market  as either, negative, positive or balanced. A balanced market would be 5-6 month of inventory, a seller’s market would be under 4 month, and a buyer’s market would be over 6 months. More homes, more competition for sellers,  greater advantage for buyers.

Here are the market stats for the George M.  Davis Elementary School District:

There were no sales for properties over 2 Million Dollars in the first six months.

New Rochelle is GREAT!

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About Gay E. Rosen

Gay E. Rosen is a Top Realtor in the Larchmont and New Rochelle (Lower Westchester) area. She is diligent, caring, driven and thorough (with a sense of humor).Utilize her expertise. Call her!
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