2025 was a wild year in real estate.

The Westchester market was busy straight through New Year’s Eve — I even put one last deal together just before the ball dropped. I’ll be recapping the year over the next few weeks, as we all look forward to what 2026 has in store.

By the way, if there’s a property you’re curious about, ask! I toured 498 homes last year — so there’s a good chance I’m already familiar with it. 😉

Today’s Topics:

  • The Price Ranges That Attracted the Most Buyers in 2025

  • This Week: 29% More Listings / 19% Increase in Price Cuts

  • National Real Estate Forecast for 2026

  • Mortgage Rates Hit 3-Year Low, Lowest Since Feb. 2, 2023

Westchester’s Hottest Price Ranges of 2025

Where buyers actually showed up — and what it means for your price strategy.

If you want to know where the real market is, don’t start with closed sales — start with showings. I pulled every showing on listed homes across Westchester County in 2025 and grouped them by price range. The result is a clear look at which price ranges are truly hot, which are just warm, and where buyer activity starts to thin out. Most of Westchester’s showing activity was in the mid-market tier, with nearly half of the roughly 170,000 showings on homes priced between $400,000 and $900,000.

Additional Findings:

  • Heaviest Pool of Buyers: $600k to $700k with about 18,800 showings.

  • Tightest Competition: $500k to $600k averaging 17.1 showings per listing.

Above $1 million, demand becomes more segmented.

  • Highest Demand: $1M to $3M represented over one-fifth of all showings.

  • Over 14 Showings per Listing: $2M to $2.1M and $2.4M to $2.5M

Ralph’s Take

In addition to evaluating all comparable sales, I also analyze showing data to make sure my listings are strongly positioned in the market. Here’s a real example: Last Spring, the Scarsdale School District market had some wild hot spots. In Q2, homes priced between $1.250M and $1.275M averaged 53 showings, while homes between $1.275M and $1.30M saw just 9. My advice was simple: we position the home to where the buyers actually are. With two or more buyers competing, there’s a high probability of a bidding war that can push the final price up toward that $1.3M mark.

If you’re considering a move in 2026 and want to know how your home should be positioned based on this data, I’ll be happy to walk you through it. I can pull these numbers at a more local level — by ZIP, school district, or elementary school area. 🤓

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Westchester Weekly Market Tracker 📈

💰 Find your home’s value here!

Property Type: Residential. OneKey MLS, Inc. 1/2/26 - 1/9/26.

Modest Prices, More Inventory, and Better Odds in 2026

The most recent 2026 real estate forecasts point to a cooler but stable market rather than a boom or a crash. Zillow and Redfin see U.S. home prices rising only about 1–1.2% in 2026, as affordability slowly improves but high prices and rates keep demand in check. Mortgage rate projections cluster around the low-6% range for much of 2026, with only gradual easing expected. Slightly lower rates and rising inventory should bring more transactions as the market continues to normalize after the pandemic-era rollercoaster.

Ralph’s Take

When you blend these forecasts together, you get a pretty clear picture of where I think the national market is headed in 2026: increased sales and a modest bump in prices.

Here in Westchester County, and across much of the Northeast, the market still hasn’t really cooled. As I wrap up the 2025 year-end numbers, there’s some good news for buyers: annual sales were up, and single-family home appreciation is easing — from about 9% between 2023 and 2024 to 5.9% from 2024 to 2025. Even better, mortgage rates are now more than a full percentage point lower than they were at the start of 2024.

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How Much Equity Did You Gain in 2025?

Every January, I set aside a few hours every day to create Home Equity Reports for past clients. These reports offer a level of detail and accuracy that goes beyond what you’ll find on sites like Zillow or Redfin. If you would like to know your home’s equity position, simply reply to this newsletter, call, or text me at (914) 202-1101.

This service is complimentary as a thank you for being a subscriber! 🙌

✂️ Just Missed the Cut

👉 Update

Zillow Drops Climate Risk Scores After Questions About Accuracy. Read more

Mortgage Watch 📉

This week’s average 30-year fixed mortgage rate is 5.99% (⬇️ 0.21 from last week). It’s a 3-year low - last year’s rate: 7.15%!

> The rate you may be eligible for can vary greatly from the daily average published via Mortgage News Daily.

Things to Do in Westchester This Weekend

Photographed at Eagle Walk, Croton-on-Hudson

Saturday, January 10th

  • Botanical Beverages, Tarrytown

  • Curling and Cocktails, Dobbs Ferry

  • Eagle Walk, Croton-on-Hudson

  • Harlem Wizards Game, New Rochelle

  • Live Brunch Music: School of Rock Bedford, Mount Kisco

  • "Sesame Street" Sing-a-Long, Tarrytown

  • Snow Day Weekend, Rye

  • Video Workshop for Families, Yonkers

  • Winter Train Show, New Rochelle

  • Youth A Cappella Festival, Valhalla

Sunday, January 11th

  • 105-Ten Sunday Night Comedy, Briarcliff Manor

  • An Afternoon at the Opera, Pelham

  • Cars and Coffee, Yonkers

  • Meandering Mansions of Historic Millionaires, Irvington & Tarrytown

  • New Year Special Estates Auction, Larchmont

  • Snow Day Weekend, Rye

  • Sundae Sundays, Hastings-on-Hudson

  • White Plains Reptile Expo, White Plains

  • Winter Train Show, New Rochelle

All Month

  • White Plains Restaurant Month, White Plains

This market is not perfect. I'm here to help.

To Begin Touring Properties or to Learn Your Home’s Value:

Reply, call, or text message me: (914) 202-1101

With gratitude, Ralph 🫡

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