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Housing and Market Statistics for the Westchester NY River Towns – Second Quarter 2009 - 08/18/09 11:24 AM
This is the first time I’m including several “River Towns” of lower Westchseter in one report. The reason for this is that because of low sales volume in each individual village, it is difficult to nail down market trends. The small numbers produce wild gyrations that are often the result of one or two sales at the high or low end of the spectrum. Including villages that have similar price ranges, commutes and tax structures in one report creates a more accurate picture of the area. The River Towns included in these stats are in the lower portion of “Area 3″, (0 comments)
Housing and Market Statistics for Larchmont NY – Second Quarter 2009 - 08/11/09 12:08 AM
Larchmont seemed to be impervious to market forces. Prices on single family homes kept climbing, national housing crisis notwithstanding. And why not? Larchmont is an easy commute to NYC (30 minutes). It’s got wonderful shops with a nice village feel, fine dining, nice boutiques, terrific schools and established neighborhoods brimming with old-world charm. Add Manor Park along the Long Island Sound to the mix – the proximity of downtown White Plains and New Rochelle and you’ve got a winning combination. But nothing can go up forever and the stock market crash has impacted the housing market. Cooperatives: Coops in Larchmont look (3 comments)
Housing and Market Statistics for Scarsdale NY – Second Quarter 2009 - 08/04/09 11:25 AM
The housing market in Scarsdale is all over the place. Single family homes took a very heavy hit last year. Since they took their hit early, they now appear to be in recovery mode. The same can not be said for neighboring Edgemont which is now taking a drubbing and the cooperative market has also seen some difficulties. Cooperatives: Coops took a big hit this time around. It is somewhat surprising to see since this entry level type of housing has remained very sturdy and resistant to correction due to high demand. But it is not immune. Sales prices for the (0 comments)
Housing and Market Statistics for Hartsdale NY – Second Quarter 2009 - 08/02/09 02:46 PM
The Hartsdale housing market is in buyer’s market territory at this time. Like White Plains, the area resisted the housing correction particularly in the condo and coop markets until the stock market crashed in late 2008. Single Family homes had taken a hit prior to the market crash and although declines continued – they were not as severe. Cooperatives: The coop market saw a 3.1% price decline from Q2 2008. Hartsdale currently has an inventory of 11 months. There are quite a few contracts and pendings at this time. This reflects the longer escrow periods that the banks are responsible for. (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.