croton on hudson real estate market: Croton on Hudson Real Estate Market, 2nd Quarter 2011 - 07/02/11 04:16 PM
I have stopped doing monthly market reports in favor of quarterly version in the hope of smoothing out the data and minimizing anomalies. Even so, the results of this quarter's data for Croton-Harmon schools are impressive. All data is taken from the Empire Access Multiple Listing Service. 
In the 2nd quarter of 2010, 17 single family homes sold at a median price of $486,500. 
In the 2nd quarter of 2011, 14 single family homes sold at a median price of $592,500, over $100,000 more than the same time period last year. 
They are down three sales, but that is a massive … (3 comments)

croton on hudson real estate market: Croton on Hudson Real Estate Market November 2010 - 12/05/10 12:43 PM
 
This market report is for single family homes in the Croton-Harmon school district. All data is from the Empire Access (formerly Westchester-Putnam) MLS. Contract and asking prices are list prices, as contractual prices are not disclosed until closing. 
Croton is constipated. What else can you say about a market that had 12 pending sales last month and closed only 3? Croton now has 14 homes under contract, waiting to close, either by design or, more likely, because it is hard to get across the finish line these days. I predicted a big November last month based on all those pending … (2 comments)

croton on hudson real estate market: Croton on Hudson, NY Real Estate Market October 2010 - 11/06/10 03:13 PM
This market report is for single family homes in the Croton-Harmon school district. All data is from the Empire Access (formerly Westchester-Putnam) MLS. Contract and asking prices are list prices, as contractual prices are not disclosed until closing. 
Croton had 5 closings in October at a median price of $400,000, considerably lower than the $679,000 median of a year ago. I wouldn't read too much into this, as the month just had lower prices homes close this time around. Last month the median price of homes under contract was $420,000, so a lower median sales price this month is no surprise. Expect … (3 comments)

croton on hudson real estate market: Croton on Hudson, NY Real Estate Market September 2010 - 10/10/10 12:39 PM
 
Croton on Hudson is the village directly north of Ossining. It is a very charming locale on the Hudson with parks, great neighborhoods, and a large train station hub on the Metro North Hudson Line. My older brother and his family also live there. I used to camp at Croton Point Park as a Boy Scout, and I have many happy memories of the place. In the near future I'll blog about some great places to dine in Croton.   This market report is for single family homes in the Croton-Harmon school district. All data is from the Westchester-Putnam MLS. Last month stunk. This … (0 comments)

croton on hudson real estate market: Croton on Hudson, NY Real Estate Market August 2010 - 09/14/10 04:59 AM
This market report is for single family homes in the Croton-Harmon school district. All data is from the Westchester-Putnam MLS. Last month I wrote the following observation: The median asking price of $624,450 is over 100k more than the median sales price, so I don't think we'll see a huge increase in volume until buyers and sellers are more aligned. Buyers want to spend less; sellers want more; imagine that.  Well guess what? See below:

Only 1 home closed in Croton in August, and at $425,000, it sold for over $25,000 over asking. Other than that, sellers got nothing. The … (4 comments)

croton on hudson real estate market: Croton on Hudson, NY Real Estate Market July 2010 - 08/09/10 03:31 AM
Croton on Hudson's real estate market appears solid and on the upward trend compared to one year ago. The transaction total is up, the median sales price is up $15,000 to just over half a million, and there are 11 homes under contract, up from 9 last month in this beautiful village on the scenic Hudson River.   72 homes are available for sale, which is quite a bit of choice for buyers. The median asking price of $624,450 is over 100k more than the median sales price, so I don't think we'll see a huge increase in volume until buyers … (2 comments)

croton on hudson real estate market: Croton on Hudson, NY Real Estate Market June 2010 - 07/11/10 02:52 PM

Croton on Hudson is a village located directly north of Ossining in northwest Westchester County in the town of Cortlandt. The train station is considered a busy hub on the Hudson line of Metro North, and the village is also the home of my older brother. Do with that last bit what you will. This market report is for single family homes in the Croton-Harmon school district, which is not coterminous with the village but is close.  All information is from the Westchester Putnam Multiple Listing Service.  The median price is up $20,000 from last June in Croton. There were also 7 sales … (2 comments)

croton on hudson real estate market: Croton on Hudson, NY Real Estate Market May 2010 - 06/10/10 02:12 PM

Croton on Hudson is a charming village located in northwest Westchester County in the town of Cortlandt.  This market report is for single family homes in the Croton-Harmon school district, which is not coterminous with the village but is close.  All information is from the Westchester Putnam Multiple Listing Service. 
Prices are up considerably in Croton, but there were only 3 closed sales in May compared to 6 in May 2009. The area tends to be in close harmony with the school year cycle, so I expect a busy June because school is out and the stimulus deadline is June 30.
(4 comments)

croton on hudson real estate market: Croton on Hudson, NY: Arrowcrest Subdivision - 04/05/10 09:56 AM
Arrowcrest is small, exclusive neighborhood in Croton on Hudson that has a beautiful view of the Hudson River and abuts Hudson National Golf Club. The striking thing about the development is the great job they did to blend Arrowcrest homes in with the wooded nature of the area. The builder did not "scorch the Earth" and clear cut every inch the way I have lamented in the past. This is not only prettier, it yields more privacy for the homes. Although the oldest home here is only about 12, the maturity of the Arrowcrest neighborhood makes it feel far more established. 
(3 comments)

croton on hudson real estate market: Croton on Hudson Real Estate Market, 1st Quarter 2009 - 03/23/09 12:41 AM
Croton on Hudson is a small village just north of Ossining located in the neighboring town of Cortlandt. I spent a great deal of my youth there. As a scout I camped at Croton Point Park many times, and my high school youth group was based at Holy Name of Mary on Grand Street. It has a charming downtown, multiple riverfront parks, and lots of classic pre-war architecture. My brother and his family have lived there since the early 80's. Here's the weirdest thing about Croton. There are (count 'em) THREE attorneys there that I actually like and refer. If you … (1 comments)

 
J. Philip Faranda, Associate Broker / Office Manager (Howard Hanna Rand Realty)

J. Philip Faranda

Associate Broker / Office Manager

Yorktown Heights, NY

More about me…

Howard Hanna Rand Realty

Address: 522 North State Road , Suite 100, Briarcliff Manor, NY, 10510

Office: (914) 762-2500

Mobile: (914) 450-8883

Phil Faranda is broker and owner of J. Philip Real Estate LLC in Briarcliff Manor, NY. Since founding the firm as a sole practitioner in late 2005, the team has grown to over 80 agents & closed 1000+ transactions valued at over $1 billion. He was 2014 President of the HGMLS and a 2017 Inman Influencer. This blog commentary is geared toward consumers and industry colleagues alike. You can reach him at (914) 723-8900.
Warning: *Sarcasm and irony advisory at all times.*

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