Local Market Springs Ahead in First Quarter of 2011

We are all clearly ready to spring into spring! Crocuses are peaking up, the hint of warmer weather has everyone smiling and even the start of the busier spring real estate market has pleased Buyers and Sellers alike.

During the first quarter of 2011, the number of sales of single-family homes in Harrison 10528 rose approximately 44% from one year ago from 9 to 13 homes, although the average sold price of these homes did drop from $991,946 to $873,333. Great strides were made in 10577 – the average sold price significantly rose to $2,669,975 from $1,717,000 while simultaneously the days on market decreased dramatically from 348 to 198. Instead of approximately 11 months in Q1 2010, it took about 6.4 months from date of listing to date of closing in Q1 2011.

In Rye, the number of sales of single – family homes in the first quarter are exactly neck and neck with those from one year ago. In Rye City Schools (10580), 23 homes sold at an average sold price of approximately 25% more than one year ago – or $1,753,022. The change in days on market was not as significant, dropping from 212 to 200 – approximately 6.5 months from date of listing to date of closing.

To an energizing and busy spring for us all!

Download PDF of 1st Quarter Harrison Newsletter

Download PDF of 1st Quarter Rye Newsletter

Read Full Post »

New to Market: Must-See Rye Colonial

88 Bradford Avenue, Rye

This four bedroom Cape/Colonial is a must-see — not only meticulously maintained and tastefully updated, but also situated on a lovely one-third acre within walking distance to the train, elementary school and Rye Golf Club.

The new French Country eat-in kitchen is ideal for gathering around the island and serving family meals. Spend leisure time together in the comfortable family room with vaulted ceilings and entertainment built-ins with recessed lighting. This first floor additionally boasts a large living room with fireplace and built-ins and a formal dining room featuring chair rails and sliders out to the deck.

Upstairs, the master bedroom includes two large double-door closets and the master bath. Three additional family bedrooms and two updated bathrooms complete this desirable home.

For more information, please view in my current listings under “Spacious Cape/Colonial in Rye” or call me today at (914) 329-5329 to arrange a tour!

Read Full Post »

A Great Weekend for Touring Open Houses

Sunny skies and a cool breeze are predicted for this weekend –
perfect weather for viewing these two must-see open houses on Sunday, May 1st from 2-4pm.

22 Crescent Avenue, Rye

Recently repriced at $825,000, this meticulously maintained colonial will not disappoint! Boasting a recently painted interior, a new hot water heater/furnace, complete electrical update (2009) and fully refinished full bath on the second floor. Spacious 4-bedroom colonial offers a master bedroom, 2 family bedrooms and 4th bedroom/playroom, while the comfortable living area includes a living room, eat-in kitchen, dining area and family room with a door leading out to the patio/backyard. See my previous post on this home for the gorgeous interior photos.

20 Scott Circle, Harrison

Make the time this weekend to tour 20 Scott Circle, a spacious home on a tree-lined and highly sought after neighborhood in Purchase offered at $1,095,000. This bright, completely renovated 4 bedroom home shines with a new eat-in kitchen and bathrooms in addition to new windows and mechanicals. French doors in the large family room (with fireplace) lead to a rear garden, where you’ll find the sprawling and professionally landscaped .74 acre replete with a pool and specimen plantings. Click to my previous post on this home to view the interior photos of the sun drenched master bedroom and kitchen.

Away this weekend? Call me to schedule a tour of either of these homes at your convenience at (914) 329-5329.

Read Full Post »

Houlihan Lawrence is “The Real Deal”

We recently received some great press in a New York City publication that I’d like to share with you. The Real Deal, a print and online magazine that chronicles the New York real estate scene – and is widely read among industry players – just published its first-ever ranking of Westchester firms. I’m proud to announce that according to The Real Deal, “Houlihan Lawrence is currently winning by a landslide.”

Here are a couple of highlights from the report:

• Ranked by the value of active listings, our listing value exceeds the rest of the Top 10 competitors combined.

• Our average listing value per agent is about $2 million, twice the average per agent of the county’s #2 competitor, Coldwell Banker.

• Ranked by closed $ Volume, our 2010 sales exceeded the next 8 competitors combined.

• In the agent rankings based on closed $ Volume from EAMLS, Houlihan Lawrence agents account for seven of the Top 10 agents in the County.

The article provides an informative overview of the current market and is on my list of “must-reads.” Click to read the article in its entirety here, and feel free to call me with any questions at (914) 329-5329.

Read Full Post »

Save an Average of $1000 at Closing!

As an added value of purchasing through Houlihan Lawrence, buyers can now team up with our partner Matthew Kelley of Thoroughbred Title Services to net 10-26% savings on title insurance. At an average savings of $1,000, this one is hard to pass up!

For example, if a client mortgaged $1,600,000 on a $2,000,000 home, a standard competitor’s rate for title insurance would be $11,132 whereas Thoroughbred would charge a Houlihan Lawrence client $9,553 – nearly 15% in savings!

To claim your savings, contact Matthew Kelley:
mkelley@tbtitle.com • (914) 644 – 6100 office • (203) 722-7224 cell

Read Full Post »

Enjoy Views of the Sound from Your New Home

75 Water's Edge, Rye $795,000

Next week I’ll be listing this meticulously maintained 2 bedroom townhouse with an oversized private patio – perfect to enjoy views of Long Island Sound. Not only does this unit in Waters Edge complex offer water views, but also a pool and gatehouse security. More details to come once it’s listed.

Did you miss last weekend’s open house at 33 Crescent Avenue, Rye? You’ll have another opportunity to view this lovely colonial this weekend – from 2-4pm on Sunday, April 10. For more information, please view in my current listings under “Move Right In To This Charming Colonial Rye, NY” or call me today at (914) 329-5329 with any questions!

Read Full Post »