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Archive for September, 2015

JOAN O’MEARA

I recently updated my personal website…www.joanomeara.com. It is easily accessible for smart phones, tablets and computers.

On my site you can search for homes, read my newsletter, browse through local partners, see my featured listings, access town information and much more!

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You can also follow me on Twitter and Facebook or sign up for my personal Blog.

HOULIHAN LAWRENCE

Houlihan Lawrence has a presence on every major social network including Facebook, Instagram, Twitter, Pinterest, Google Plus, LinkedIn and more. HL provides original, meaningful content that educates, inspires and tells the stories of each community served. Each social network plays a distinct role, and with tailored content for each, the right properties reach the right audiences.

  • Social media is sending triple the traffic to HoulihanLawrence.com as it did last year.
  • Instagram boasts HL’s greatest growth, with followers increasing 10x (1000%) in the past year alone.
  • HL Facebook posts generated 1M media views in 1Q15.

Check out “Houlihan Lawrence Real Estate” on Facebook today!

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FOUR PUBLIC OPEN HOUSES THIS WEEKEND

Please join me this Sunday, September 27th to view these spectacular homes in Rye. Times for each property are below the image.

Aerial 2

8 Windcrest Road: Sunday 9/27 @ 1:00-3:00pm

Front View

105 Hix Avenue: Sunday 9/27 @ 1:00-3:00pm

4 Oakwood Lane

4 Oakwood Avenue: Sunday 9/27 @ 2:00-4:00pm

265 Milton Rd NEW Front Ext

265 Milton Road: Sunday 9/27 @ 2:00-4:00pm

 

To find out more information about these homes, to see more photos, or to make an appointment – please visit my website or email me at jomeara@houlihanlawrence.com

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Weekly Real Estate Update (9/18/15-9/24/15)

RYE CITY SCHOOLS (10580)

There are currently 95 Active Single Family Homes in the Rye City Schools area.  Current average price is $3,547,199. Average price per square foot is $725.74. Current average DOM is 109 days. Median price is $2,595,000.

6 New Single Family Listings in Rye:

  • 10 Radcliffe Unit #10 – $875,000
  • 9 North Kirby Lane – $939,000
  • 22 Ellsworth Street – $969,500
  • 10 Thorne Place – $1,895,000
  • 75 Manursing Avenue – $2,385,000
  • 34 Soundview Avenue – $3,100,000

3 Price Reductions in Rye:

  • 18 Colby Avenue – $1,175,000 to $1,049,000
  • 21 Fairlawn Court – $1,795,000 to $1,695,000
  • 5 Fairlawn Court – $2,349,000 to $2,249,000

18+ Public Open Houses in Rye This Sunday – To View All Upcoming Open Houses in Rye Visit the Houlihan Lawrence site today…http://www.houlihanlawrence.com/search/

 

RYE NECK SCHOOLS (10580)

There are currently 11 Active Single Family Homes in the Rye Neck Schools 10580 area.  Current average price is $3,350,318. Average price per square foot is $618.59. Current average DOM is 95 days. Median price is $2,495,000.

2 New Single Family Listings in Rye Neck 10580

  • 17 Douglas Circle – $2,375,000
  • 18 Harbor Lane – $2,495,000     New Construction

1 Price Reduction Rye Neck 10580

  • 84 Rye Road – $2,395,000 to $2,195,000

0 Public Open Houses in Rye Neck 10580 This Sunday

Please Note: Additional open houses may be added in upcoming days…visit HL site before Sunday…http://www.houlihanlawrence.com/search/

 

HARRISON SCHOOLS  (10577, 10580, 10528)

There are currently 132 Active Single Family Homes in the Harrison Schools area (10580, 10577, 10528). Current average price is $2,640,223. Average price per square foot is $454.23. Current Average DOM is 135 days. Median price is $1,997,500.

7 New Single Family Listings in Harrison:

  • 609 Purchase Street (10580) – $1,099,000
  • 2 Polly Park Road (10580) – $1,195,000
  • 444 West Street (10528) – $1,195,000
  • 5 Sunset Lane (10528) – $1,395,000
  • 10 Hampton Road (10577) – $2,350,000
  • 46 Stratford Road (10528)- $3,695,000
  • 15 Hilltop Place (10580) – $7,500,000

3 Price Reductions in Harrison:

  • 9 New Street (10577) – $749,000 to $724,500
  • 6 Meadow Road (10528) – $1,385,000 to $1,365,000
  • 222 Osborn Road (10528) – $1,695,000 to $1,595,000

11+ Public Open Houses in Harrison/Purchase This Sunday – To View All Upcoming Open Houses in Harrison/Purchase Visit the Houlihan Lawrence site today…http://www.houlihanlawrence.com/search/

 

For more information on any of the above properties or the current real estate market please contact me at jomeara@houlihanlawrence.com.

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With the fall market in full swing, Houlihan Lawrence took a close look at the luxury market ($2M+, Single Family Homes) in Area 5.

As of September 20th, HL remains the luxury market leader in Area 5.
  • HL has sold 45% of all luxury homes  – a 4 point gain over last year
  • HL has participated in 6 out of every 10 luxury sales
  • HL’s dollar volume has increased at the same pace as the market, while its nearest competitor has lagged the market with a gain of just 12%

Area 5/The Sound Shore luxury stats:

  • Dollar volume has increased by 22%
  • Luxury homes sold are up nearly 11%
  • $5M+ sales YTD doubled to 14 this year vs. 7 same period last year
  • Rye is leading the pack with seven of the $5M+ luxury sales

The $10M threshold has yet to be reached in the Sound Shore or all of Westchester County this year. The highest sale so far is $9M – an 18,000 SF new construction home in Tarrytown. Countywide, six sales in the $8M range have closed this year and three are located in the Sound Shore (54 Island Drive, Rye; 32 Lincoln Lane, Harrison; and 23 Shore Drive, Port Chester).  Last year’s highest sale was $27,500,000 (a Conyer’s Farm property).

Most significantly, luxury inventory is coming to market at a faster pace than it is being absorbed. As of September 20th, there have been 114 sales in the category, a 10% increase over last year, and also a ten-year high.  Concurrently, there are 182 – $2M+ properties for sale – a 10-year high watermark for inventory on the Sound Shore, and 30% increase over last year.

It is interesting to note that Sound Shore ultra-luxury ($5M+) closed sales are quite healthy – 14 sales as of September 20, up over year ago, and tied with 2013 for the highest number of $5M+ sales. What has changed so dramatically is supply levels. Ultra-luxury inventory levels are at a near 10-year high with 41 active listings. With just three pending sales, there is currently low demand in this segment.  In 2013 when we last had 14 – $5M+ sales, there were just 26 active listings.

The median sale price of the ultra-luxury segment has increased from $6,047,500 in 2013 to $6,753,750 this year – which has led to an influx of listings as sellers perceive the market to be improving. However, demand has not kept pace with supply, creating a glut that represents several years’ worth of luxury inventory to be absorbed.

With so much to choose from, each listing is getting fewer, if any, showings; buyers are more particular because they have a wider selection and no sense of urgency.  Additionally, buyers see new listings come to market at a rapid pace, which has diminished their appetite as they anticipate a correction in the market.

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Upcoming Event: Painters on Location

Houlihan Lawrence is sponsoring this wonderful event. The reception/auction will feature paintings of Rye and its surrounding areas created by professional artists.

Reception Information: October 3rd at 4:30pm to 6:00pm at the Rye Arts Center

Live Art Auction Information: October 3rd at 6:15pm in the Performing Arts Room at the Rye Arts Center

For more information click here…Painters on Location

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Weekly Real Estate Update (9/11/15-9/17/15)

RYE CITY SCHOOLS (10580)

There are currently 96 Active Single Family Homes in the Rye City Schools area.  Current average price is $3,715,785. Average price per square foot is $739.87. Current average DOM is 119 days. Median price is $2,910,000.

14 New Single Family Listings in Rye:

  • 25 Bulkley Manor – $950,000
  • 16 Harbor Terrace Drive – $1,199,000
  • 4 Oakwood Avenue – $1,695,000 – For More Information on This Property Visit My Website
  • 7 Stanley Keyes Court – $1,795,000
  • 9 Summit Avenue – $2,269,000
  • 249 Locust Avenue – $2,395,000
  • 57 Gramercy Avenue – $2,495,000
  • 5 Thistle Lane – $2,695,000
  • 711 Forest Avenue – $2,925,000
  • 1 Heritage Lane – $3,950,000
  • 53 Glendale Avenue – $4,450,000
  • 221 Kirby Lane – $4,495,000
  • 8 Windcrest Road – $4,495,000 – For More Information on This Property Visit My Website
  • 2 Pine Island Road – $5,695,000

6 Price Reductions in Rye:

  • 3 Blind Brook Lane – $739,000 to $729,000
  • 19 Sand Street – $925,000 to $899,000
  • 35 Lasalle Avenue – $1,225,000 to $1,199,000
  • 121 Old Post Road -$3,195,000 to $2,995,000
  • 647 Milton Road – $4,250,000 to $3,950,000
  • 4 Philips Lane – $4,900,000 to $4,500,000

22+ Public Open Houses in Rye This Sunday – To View All Upcoming Open Houses in Rye Visit the Houlihan Lawrence site today…http://www.houlihanlawrence.com/search/

 

RYE NECK SCHOOLS (10580)

There are currently 9 Active Single Family Homes in the Rye Neck Schools 10580 area.  Current average price is $3,575,944. Average price per square foot is $644.09. Current average DOM is 108 days. Median price is $2,650,000.

1 New Single Family Listing in Rye Neck 10580

  • 2 Keane Court – $2,295,000

0 Price Reductions in Rye Neck 10580

0 Public Open Houses in Rye Neck 10580 This Sunday

Please Note: Additional open houses may be added in upcoming days…visit HL site before Sunday…http://www.houlihanlawrence.com/search/

 

HARRISON SCHOOLS  (10577, 10580, 10528)

There are currently 132 Active Single Family Homes in the Harrison Schools area (10580, 10577, 10528). Current average price is $2,564,697. Average price per square foot is $450.77. Current Average DOM is 135 days. Median price is $1,995,000.

12 New Single Family Listings in Harrison:

  • 8 Maple Avenue (10528) – $449,000
  • 7 Sunset Lane (10528) – $1,425,000
  • 239 Sunny Ridge Road (10528) – $1,498,000
  • 22 Bates Road (10528) – $1,649,000
  • 11 Valley Ridge Road (10528) – $2,195,000
  • 548 Anderson Hill Road (10577) – $2,349,000
  • 11 Knightsbridge Manor Road (10577) – $2,995,000     New Construction
  • 24 Pleasant Ridge Road (10528) – $2,995,000
  • 4 Laurel Way (10577) – $3,095,000
  • 22 Lawrence Lane (10528) – $3,895,000
  • 66 Pleasant Ridge Road (10528) – $3,895,000     New Construction
  • 14 Rockledge Road (10580) – $4,995,000     New Construction

5 Price Reductions in Harrison:

  • 62 2nd Street (10528) – $605,000 to $595,000
  • 6 Theresa Lane (10528) – $799,000 to $775,000
  • 119 Sterling Road (10528) – $1,845,000 to $1,825,000
  • 42 Winfield Avenue (10528) – $2,295,000 to $1,995,000
  • 21 Brae Burn Drive (10577) – $2,500,000 to $1,995,000

9+ Public Open Houses in Harrison/Purchase This Sunday – To View All Upcoming Open Houses in Rye Visit the Houlihan Lawrence site today…http://www.houlihanlawrence.com/search/

 

For more information on any of the above properties or the current real estate market please contact me at jomeara@houlihanlawrence.com.

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JUST LISTED: 8 WINDCREST ROAD

Offered at $4,495,000

Stately Georgian Colonial built in 1920 then expanded and restored to the grandeur befitting the magnificent property. Modern amenities mix seamlessly with the architecture. Home located on 1.12 acres in walking distance to town and train.

Aerial 2 Kitchen 2 Living Room Sun Room

To find out more information about this stunning home, to see more photos, or to make an appointment – please visit my website or email me at jomeara@houlihanlawrence.com

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