There are currently 49 Active Listings available in the Larchmont, 10538 zip code, ranging in price from $498,000 (a town home) to $16.2 Million (a waterfront property). There are 7 properties in Conditional Contract, 10 Pending, and there have been 71 sales for properties up to $1 Million Dollars with 10 being sold at list price, and 20 being sold over list price which is phenomenal. The price per square foot was $438.57 with a median price of $810,000. There have been 77 sales of properties over One Million Dollars with 10 properties being sold at list price, and 32 properties selling over list price. The price per square foot was $527.65 ..and a median price of $1,392.000.
As a comparison, in 2012 for the same time period, there were 57 properties sold up to One Million Dollars with a price per square foot of $394.11. There were 58 properties sold over $1 Million Dollars with a price per square foot of $492.68. So, prices and sales have increased in 2013. A great sign, partly due to the low mortgage rates, and smaller inventory, and an increasing number of’ Manhattan based buyers leaving the city for the wonderful allure and appeal of Westchester. Houlihan Lawrence has the stats proving many buyers contact our company!
Larchmont is Great!
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