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On November 7th and 8th there was 4 land deals reported in area 1(upper Westchester) and 9(Putnam County). One Sub-Dividable piece, one with BOHA and 2 pieces on a road that the town will not let you build on without making mass improvements to the road. This is a strange turn of events because most of the land with BOHA is overpriced, not many people are willing to buy property that they don't know is buildable and the Sub-dividable piece was paid for in cash. This is a big jump in production considering in the previous 30 days there were only 3 sales. One Commercial piece, one piece that was sub-dividable and one with BOHA. I see that the mix is similar but the time it took to sell 3 properties was better than 10 times the rate. I'm looking forward to the market picking up the pace for land sales because this is a big part of my business.
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