New York City’s wealthiest buyers often look north for more space and value. Buyers entering the ultra-luxury tier, defined as the top 10% of the market, typically do not focus on bargains. They prioritize privacy, substantial land, multiple residences, advanced home fitness facilities, in-ground pools, convenient access to the city, and unique legacy properties. Purchase, in Westchester County, is positioned as an enclave that offers these features. Westchester has long served New York’s professional class, supported by Metro-North access, country clubs, and established communities. Westchester also shows distinct pricing strength within the Lower Hudson, with a high luxury threshold and a large share of pre-1950 homes that are difficult to replicate under current building standards.
"Then there's the buyer who can afford a $17 million entry point to the ultra-luxury threshold, defined as the top 10% of the market. Buyers on that level-celebrities, sports figures, founders of multibillion-dollar corporations-aren't seeking value. What they do want: loads of privacy, lots of land and multiple residences, cutting-edge home fitness centers and in-ground pools, easy access to the city, and a one-of-a-kind legacy property."
"Purchase, NY, in Westchester County, with an eye-watering luxury home threshold of $17,310,000, offers all that and more. "Purchase occupies a category of its own within Westchester and, arguably, the broader Hudson Valley," notes Realtor.com® senior economist Anthony Smith. With its Tudor-style estates, colonial revivals, and stone manors as the backdrop for a way of life built around Metro-North access, country clubs, and communities whose reputations were established generations ago, Westchester has been the premier address for New York's professional class for more than a century."
"The Lower Hudson comprises Westchester, Rockland, and Putnam counties, the three southernmost counties in the valley, and the most directly connected to the New York City metro, says a Realtor.com luxury report. The proximity effect is evident in the data: Westchester, in particular, has pricing that sets it apart from the rest of the valley, with a luxury threshold of $2,874,400 in April 2026. It's here the wealthy come not for a beach retreat or a modern farmhouse, but the real deal-historically significant homes, many of them not reproducible under current building standards."
"Roughly 32% of Westchester's active listings were built before 1950, more than double the national share. But it's Purchase that takes the crown for the priciest and most exclusive enclave of the Lower Valley, with sports stars and the glitterati follo"
Read at Real Estate News & Insights | realtor.com
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