Like the rest of Larchmont NY homes, homes zoned for the Chatsworth Ave Elementary School feature the best of what a Westchester bedroom community has to offer. Homes in this particular school zone cover two distinct neighborhoods.
Homes in the Village of Larchmont:
Homes in the village of Larchmont feature tree-lined streets and pre-war homes packed with Old-World charm and character. They range in style from rambling Victorians with wrap-around porches, graceful colonials and impressive Tudors. Typically, the homes in the village sit on smaller lots, though there is still a feeling of space and privacy. These are mature neighborhoods with old-growth which adds to a sense of privacy.
Convenience is a very big amenity of this part of Larchmont. It is easy to leave the car behind and walk to shops and fine dining. Many leave the car and walk to the train and end up doing their shopping on their way home. Most locations in the village are eaily accessible by foot to Metro-North. Walk Scores range from very walkable to walker’s paradise – which is very unusual for single-family home neighborhoods.
Homes in Larchmont Manor:
As a general rule, Larchmont Manor features bigger more expensive homes on larger lots. The streets are graceful and meandering with the mature growth that characterizes a long-established neighborhood. Located on the other side of Boston Post Rd., the area is slightly less accessible to shopping and dining withou the car. It makes up for it with more spacious homes, some feature water views of the Long Island Sound.
The area boasts the beauty of Manor Park and the Larchmont Yacht Club.
The walk score in this neighborhood ranges from very walkable to car-dependent.
For more photos – view my photo feed for Larchmont NY on Flickr.
Commute from Larchmont to Grand Central Station:
The commute from Larchmont to NYC couldn’t be easier with an express stop at the Larchmont Train Station. It’s mere 35 minutes to Grand Central by an express train on the New Haven Line. Since walking to the train is walkable from locations within the village proper and some surrounding areas - a NYC commute could not be easier. In fact, depending on where your destination in Manhattan is located, the commute from Westchester can be faster and easier than a commute from some popular residential locations in the city itself. Larchmont NY could easily be described as a commuter’s paradise.
Pricing and Sales History:
All of the information below including the graphs were derived from the Westchester-Putnam MLS – (WPMLS). There were 25 sales during the first half of 2010. An additional 21 sales have closed as of mid-September. Note that the pricing on the smaller homes continues to decline reflecting the broader market of lower Westchester – while the higher end has actually experienced price increases.
The average overall average price of a home has fallen 36% in the last half of 2009 to $1,472,000 up signficantly from the lows of early 2009 when the average price was just over $1 million ($1,045,000) Most of that increase is reflected in the larger homes as mentioned above.
As of this writing there are 27 Active listings with listing price ranges from $549,000 – $7.5 million with a median list price of $1,400,000. There are currently 3 contracts/pendings as well as 21 solds since Jun 30 – creating an inventory overhang of less than 3 months. This market is actually a mini-sellers market island sitting in the middle of a major buyer’s market.
Further Reading:
For a general review of the first quarter 2010 housing market statistics for Larchmont NY – please click on the link below:
Larchmont Housing & Market Statistics First Quarter 2010:
Click on the links below for information and statistics other Larchmont NY neighborhoods. Each link includes a history of home values and sales volume.
Larchmont NY Homes – Murray Ave Elementary School
Larchmont NY Condos-Coops – Murray Ave Elementary School
Living in the Village of Larchmont NY
© 2010 Ruthmarie G. Hicks – http://thewestchesterview.com – All rights reserved.
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