Wow, 2025! What a year for Westchester real estate! If you felt like the market was a bit of a rollercoaster, the numbers don’t lie. According to the latest Compass Westchester Market Report, it was a year full of resilience, growth, and exciting momentum. Prices climbed, sales surged, and even in the face of uncertainty, buyers and sellers showed up ready to make moves.
Whether you’re thinking about buying your first co-op, upgrading to a larger home, or selling a beloved family property, knowing the numbers can give you a serious edge for the 2026 Spring market. Here’s my take on how 2025 shaped up, and what it could mean for you next year.
Westchester County: The 2025 Snapshot
Across the county, almost every sector saw positive growth. Even with a few economic bumps along the way, buyer demand stayed strong, pushing up sales volume and median prices.
Single-Family Homes: Strong & Steady
Single-family homes continue to be the crown jewel of Westchester real estate.
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Sales Volume: Total dollar volume rose a solid 10.6%, nearly hitting $6.3 billion.
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Median Price: Up 6.5% to $985,000.
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Activity: Sales increased by 4.3%, with 4,793 homes changing hands.
Condos & Co-ops: Entry Points with Momentum
Condos and co-ops remain strong alternatives for buyers, especially first-timers.
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Condos: Sales were basically flat (-0.1%), but median price climbed 5.9% to $529,500.
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Co-ops: The real story here, sales jumped 5.4% and median price surged 8.4% to $225,000.
Larchmont & Mamaroneck: The 2025 Snapshot
Larchmont and Mamaroneck stood out as two of the most competitive local markets in 2025, posting impressive gains across both luxury homes and co-ops.
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Single-Family Homes: Both communities pushed firmly into luxury territory. Median prices climbed into the mid–$1.8M range, with Larchmont P.O. up 11.5% to $1,851,000 and Mamaroneck jumping 15.0% to $1,845,000. Homes in Mamaroneck also moved quickly, selling in an average of just 26 days, nearly 19% faster than the year before.
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Co-ops: The real surprise was the surge in co-op activity. In Larchmont P.O., co-op sales more than doubled and total sales volume increased by 218.4% year over year , with median prices nearing $312,000. Mamaroneck followed closely behind, seeing sales volume jump 143.9% and median co-op prices rise to $290,000.
These numbers make one thing clear: demand in these coastal communities isn’t just strong, it’s decisive. Buyers moved fast and paid a premium to secure their place.
What This Means for 2026
So, where do we go from here? It will continue to be a seller’s market unless we get a strong surge of inventory. Buyers will need to put their best foot forward when bidding on properties to be competitive.
For Buyers: Choice & Confidence
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Lower Rates: Mortgage rates are expected to settle between 5.9%–6.2% by mid-2026, giving buyers a bit of breathing room.
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Inventory is up but still not enough. There is still pent up demand driving up home prices and making things very competitive
For Sellers: You Still Hold the Cards
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High Demand: Even with rising inventory, Westchester is still a seller’s market. Supply is below pre-pandemic norms.
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Competitive Offers: Homes traded at 102–103.5% of list price in 2025, proving buyers are ready to invest in the right property.
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Liquidity: Experts predict a 10–14% increase in existing-home sales next year—so your next move will be smooth if you’re ready.
From My Desk: A Personal Agent Perspective
As someone who lives and breathes this market every day, I can tell you: numbers are important, but relationships and timing matter just as much. I’ve seen families find their dream homes, first-time buyers finally get that co-op, and sellers turn a property they loved into a successful next chapter.
If there’s one thing I know from 2025, it’s that preparation is everything. Whether you’re buying or selling, starting early and leaning on someone who really knows Westchester makes all the difference.
Spring 2026 is just around the corner, and trust me you don’t want to wait until the rush hits. Ready to make your move? Message me today, and let’s map out a plan that works for YOU.
