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Ossining Real Estate Market April 2010

By
Managing Real Estate Broker with Howard Hanna Rand Realty License # 49FA1074963

Ossining can mean many things- it can refer to the Village of Ossining, the Town of Ossining, or an Ossining delivery address in the town of New Castle or Yorktown. In the market data I am referring to, it will mean all properties in the Ossining school district, which is pretty much all of the above. All data is taken from the Westchester-Putnam Multiple Listing Service for the past 180 days market activity for single family homes only. 

83 homes sold in Ossining in the past 180 days at a median sales price of $445,000.  

24 homes are currently pending sale or under contract at a median asking price of $439,111. 

145 homes are active and available. Median asking price: $469,222. There is just under a year's worth of inventory available for sale, which is actually less than many other places we've checked out. That still makes it a buyer's market, but not so out of balance as other locales. 

Linden Avenue

As you can see from the prices, Ossining is a fantastic place for starter homes. Taxes are on the high side, but the prices are very affordable for Westchester County. BY the way, I know a fantastic, superb, fabulous, amazingly good REALTOR who is from Ossining and he knows the place like the back of his hand. 

 

Jim Cheney
Saint Francis Property Santa Rosa, CA - Santa Rosa, CA
Rincon Valley Realtor 707.494.1055

That's a quaint street Philip.  I imagine it's a place where neighbors take  care of neighbors.

Apr 13, 2010 03:47 PM
Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate

What a quaint, hometown looking neighborhood. And nice median price range too!

Apr 13, 2010 04:35 PM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Lovely area and attractive for many buyers I'm sure.  However, that's a pretty high "starter" price range for our area.  Most "starter homes" in my area are in the $200K-$350K range. 

Apr 13, 2010 10:51 PM
J. Philip Faranda
Howard Hanna Rand Realty - Yorktown Heights, NY
Associate Broker / Office Manager

The view from that porch is very special to me. I spent a big chunk of childhood in that house; the dear friends who owned it sold it in 1977 for $35,000. It went on the market recently, and my walk through was the first time I'd been in that spot since I was 10. The memories were powerful. 

Apr 13, 2010 11:07 PM