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Real Estate Market Report Six Months Ended 9/15/2013 -10801 New Rochelle Area

By
Real Estate Agent with Julia B. Fee Sotheby's International Realty #30RO0980081

The 10801 zip code encompasses the Jefferson Elementary School, Colombus School, the  Webster School and some homes in the Davis Elementary School. If I were seeking to look at recently sold homes for  a particular home, I would first seek the same homes in similar size, and same elementary school and then zip code. Since there are not too many homes in this zip code, for the purpose of this report, I have just included the homes in the Columbus, Trinity, Jefferson & Webster School Districts.

There are currently 43 Active Listings in the 10801 zip code, 8 homes in Contract, 3 homes pending and 25 homes sold in the past 6 months.  The low sales price was $265,000, Median Sales price was $530,000 and the High sales price was $839,000. The price per sold square foot was $266.10. There were 3 properties that sold over list price, and 2 properties that sold at list price.

As a comparison, for the same time period a year ago, there were 28 sold properties, with a low sales price of $169.37, Median Sales price of $438.722 and a high sales price of $850,000. The price per sold square foot was $227.90 which informs us that while there were a few more homes sold, the sales prices were lower when we look at price per sold sq. ft. It is a good time in which to purchase based on the low mortgage rates, and a good time in which to sell based on the lower inventory!

New Rochelle is GREAT!

Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Gay, great market report keeping buyers and sellers informed.

Sep 17, 2013 04:27 AM
Gay E. Rosen
Julia B. Fee Sotheby's International Realty - Larchmont, NY
As Real as Real Estate Gets!

Hi Kwee- thank you!

Sep 17, 2013 10:59 AM