Ossining Real Estate Market May 2010

J Philip Faranda June 1, 2010

This is for single family home activity in the Ossining school district for May of 2010. All information is derived from the Westchester-Putnam Multiple Listing Service. 

Ossining Real Estate May 2010

The numbers are far better for May 2010 than they were in May 2009 for Ossining. In May 2009, there were 9 sales at a median price of $380,000. Therefore, the volume is up 33% and the median price is up almost 20%. I would not call this appreciation as much as I would the weeding out of distressed fire sales and foreclosures. 

Available inventory remains quite high, with about a year’s worth of homes active on the market. 

Beautiful Ossining Home

Given its commuter friendly proximity to Manhattan (50 minutes on the Hudson Line), diverse choice of home type and many other quality of life friendly characteristics, Ossining is a great place to consider calling home. 

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