Daily Tax Report ®

Westchester Homebuyers Shrug Off High Taxes, Chip Away at Supply

Oct. 10, 2019, 7:10 PM

Homebuyers have returned to Westchester County -- and for the first time in a year, their purchases are putting a dent in the inventory of properties for sale.

There were 2,945 single-family homes available at the end of the third quarter, down 1.1% from a year earlier, according to a report Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. It was the first decline since the third quarter of 2018, and the largest since the beginning of that year.

Buyers have tread cautiously in the suburban New York county, which has the highest property taxes in...

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