Murray Avenue 10538 Real Estate Market Stats for 2017

A very desired area, with the homes in easy access to the village and trains, Larchmont residents love living here,  and why not?

Murray Avenue Elementary School

 The inventory was far lower in 2017, in the different price points up to $1,199, 000 Million. A similar number of homes sold in the higher priced homes over $1.2 Million.  

$0- $999,000 There were 21 homes sold in 2017 in this price range ranging from $630,000 to $823,340 with an average price per square foot of $468.54 and a sales price to original list price ratio of 97.40%. 8 homes sold over list price.

In 2016, 40 homes sold in this price range with an average price per square foot of $468.65, and an average sales price to original list price ratio of 98.14%.

$1,000,000 – $1,199,000 Six homes sold in this price range in 2017 with an average price per square foot of $466.94 and an average sales price to original list price ratio of 99.02%. Four of the six homes sold over list price.

In 2016, 25 homes were sold in this price range with an average price per square foot of $514.27, and an average sales price to original list price ratio of 101.47%. 14 homes sold over list price.

$1,200,000 – $1,500,000 15 homes sold in this price range with an average price per square foot of $515.02 and an average sales price to original list price ratio of 101.52%11 homes sold over list price.

In 2016, 18 homes sold in this price range with an average price per square foot of $504.86, and an average sales price to original list price ratio of 102.50%. 11 homes sold over list price.

$1,501,000 – $1,999,99919 homes sold in this price range with an average price per square foot of $494.67, and an average sales price to original list price ratio of 100.65%. 11 homes sold over the list price.

In 2016, 22 homes were sold in this price range with an average sales price to original list price ratio of 99.78%. 11 homes sold over list price.

$2,000,000 and higher!  10 homes sold in this price range with an average price per square foot of $468.01 and an average sales price to original list price ratio of 91.30%.

In 2016, 11 homes sold in this price range with an average price per square foot of $470.84, and an average sales price to original list price ratio of 92.48%. 3 homes sold over list price.

In looking at the different price points, we can readily see that the inventory was far less in 2017, and consequently there were more homes sold in 2016 than in 2017. 2018 looks to be very promising and we shall see! The buyers are out there!

Larchmont is GREAT!

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About Gay E. Rosen

Gay E. Rosen is a Top Realtor in the Larchmont and New Rochelle (Lower Westchester) area. She is diligent, caring, driven and thorough (with a sense of humor).Utilize her expertise. Call her!
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