As we move into June, we're beginning to see some meaningful shifts in the Westchester real estate market.
The intense seller's market conditions that dominated much of the spring are starting to ease in many communities as inventory gradually expands. At the same time, mortgage rates remain elevated, creating a market that feels very different than it did just a few months ago.
If you're considering buying or selling a home this year, here's what you should know.
Inventory Is Growing, But Not Everywhere
For the first time this year, we're seeing more homes come onto the market across much of Westchester County.
As weather conditions improved and more homeowners decided to move despite higher mortgage rates, buyers are finally getting more options to choose from.
In many communities, we're seeing:
- More homes available for sale
- Less buyer urgency
- Fewer bidding wars
- More opportunities to negotiate
- Slightly longer market times
However, not every market is behaving the same way.
Communities such as Chappaqua, Briarcliff Manor, and Scarsdale continue to experience strong demand and limited inventory. Well-priced homes in these areas are still attracting significant interest and, in many cases, multiple offers.
Regardless of location, one trend remains consistent: buyers continue to compete aggressively for homes that are move-in ready and priced correctly from the start.
For sellers, this means pricing strategy and presentation have become more important than ever.
Mortgage Rates Remain High
Mortgage rates remain near the higher end of the range we've experienced over the last three years.
While many buyers had hoped for significant rate reductions in 2026, rates have remained stubbornly elevated.
The good news is that buyers are adapting.
Many are exploring alternative financing strategies, including adjustable-rate mortgages (ARMs), which can offer lower initial interest rates than traditional 30-year fixed mortgages.
Every buyer's financial situation is different, and financing decisions should always be discussed with a qualified mortgage professional. However, many buyers are discovering that today's higher rates do not necessarily mean they need to put their homeownership plans on hold.
Historically, real estate decisions based solely on waiting for lower rates have often resulted in buyers paying higher home prices later.
June Is One of the Most Important Months of the Year
If your goal is to move before the next school year begins, June is a critical month.
Historically, the first half of June represents one of the final surges of inventory before the summer slowdown begins.
Many sellers want to get their homes on the market before vacation season starts, creating opportunities for buyers.
Typically, we see:
- Strong inventory through mid-June
- Fewer new listings in July
- Very limited inventory in August
- Activity picking back up after Labor Day
For buyers who want to be settled before school starts, waiting until late summer can significantly reduce available options.
If you've been thinking about making a move this year, now may be the best time to take advantage of the current inventory selection.
Why Relationships Matter in Real Estate
Technology has transformed many aspects of the real estate industry, but one thing has never changed:
Real estate remains a relationship business.
Many of our clients come to us through referrals from friends, family members, coworkers, and past clients.
When someone has a great real estate experience, they remember it. They share that experience with the people around them.
That's why choosing the right real estate professional matters.
Whether you're buying your first home, moving across town, relocating from another state, or preparing to sell a longtime family property, having an experienced advisor by your side can make an enormous difference in both the process and the outcome.
Looking Ahead
The market is shifting.
We're seeing more inventory, less urgency, and a gradual move toward a more balanced environment in many communities.
At the same time, desirable homes in top locations continue to sell quickly when priced and presented correctly.
For buyers, the next few weeks may offer some of the best opportunities we'll see all summer.
For sellers, proper pricing, staging, and preparation remain the keys to maximizing value.
As always, every market is local, and every situation is unique.
If you're considering buying or selling a home in Westchester County, we'd be happy to discuss your goals and help you understand how current market conditions may affect your plans.
