Real Estate Market Stats in Larchmont, September 2014 – Closed Price to Original Price

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

 

Larchmont 10538  Jan – August/2014 vs.  2013 Closed Price to Original Price Ratio

There are always different factors in closed price ratios compared to original price ratios. One for could be higher price properties. Another factor could be supply and demand and buyers  simply paying more for their home purchase. Since we just established that sales prices were higher in 2014 year to-date (ending August 31st), so when we see that homes were selling at 102.4% say in May compared to 99.1% in 2013, and that the average sales price for that same month was $1,142,827 in 2014 compared to $928,900 then that informs us that the market is continuing to be very much stronger in 2014, and the figures are also reflective of multiple bidding.

It is imperative to have a good real estate agent representing you in your home search, during negotiation and in the simple follow-through of those little hiccups that occur in each sale and purchase. Call me, I am here for your real estate needs.

Larchmont is GREAT!

 

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Rainmaker
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Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Gay - Great update for the Larchmont housing market.  Larchmont always seems to be in high demand, and it's a great place to live.

Sep 08, 2014 04:26 AM #1
Rainmaker
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Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Oh, and I wrote a post on market reports/how to optimize.  Should come in handy.  I will send you the link.

Sep 08, 2014 04:27 AM #2
Rainmaker
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Women of Westchester Working Together
Women of Westchester Working Together - West Harrison, NY
Women helping Women get ahead

Hi Gay.  Here is the link I was mentioning.  Should be helpful.

http://activerain.com/blogsview/4476997/how-i-would-do-a-market-report---if-i-were-to-do-market-reports

Sep 10, 2014 12:39 PM #3
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Rainmaker
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Gay E. Rosen

As Real as Real Estate Gets!
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