Croton on Hudson, NY Real Estate Market May 2010

Croton on Hudson is a charming village located in northwest Westchester County in the town of Cortlandt.  This market report is for single family homes in the Croton-Harmon school district, which is not coterminous with the village but is close.  All information is from the Westchester Putnam Multiple Listing Service. 

Prices are up considerably in Croton, but there were only 3 closed sales in May compared to 6 in May 2009. The area tends to be in close harmony with the school year cycle, so I expect a busy June because school is out and the stimulus deadline is June 30.

11 homes are under contract or pending sale, and there are 68 homes listed actively for sale. Buyers have lots of options to choose from in Croton. 

To give some perspective, Croton had 1 closing in May of 2006 and 6 closings in May 2005, at the height of the market.