NEW ROCHELLE, NY (October 7, 2025) — The New Rochelle housing market saw a robust increase in activity in August 2025, with home sales rising and inventory shrinking, creating a favorable environment for sellers and a competitive one for buyers, according to a recent market update from William Raveis LHD.
The report, focusing on single-family homes in the New Rochelle School District, showed 39 homes sold in August, a 30% increase compared to August 2024. Homes spent an average of 30 days on the market, a 21.1% decrease from the previous year, indicating a faster-paced market. The median sale price was $1,150,000, down 8.7% from last year, while the median price per square foot rose slightly by 1.7% to $470.
Inventory tightened significantly, with only 50 homes available, a 38.3% drop year-over-year. The months of supply, a measure of how long it would take to sell all available homes, fell 43.9% to 1.95 months. Additionally, 97% of homes sold within 90 days, and 92% sold for at least 95% of the list price, underscoring strong demand.
“Low supply and quick sales favor well-priced, well-presented listings,” the report stated, advising sellers to prepare now for a fall or early-winter sale to maximize outcomes. For buyers, the update emphasized the need for speed and strategy, recommending they get pre-approved to act quickly on desirable properties.
Thomas Roberts, a local realtor with William Raveis LHD, regularly publishes real estate data and reports at The Homepreneur Chronicles.
This article was drafted with the aid of Grok, an AI tool by xAI, under the direction and editing of Robert Cox to ensure accuracy and adherence to journalistic standards.
