I always like to break the sales prices down by different price points as it gives us a proper perspective on what has been selling, and where the market truly is. Whenever we see sales prices reflected in company stats, they are usually created from areas, cities, or zip codes, but they do not allow for the total number of homes sold at different prices. I always think it is advantageous to break down those stats. 
Accordingly, since some zip codes correspond to different elementary schools (such as the William B.Ward School) , here is the break down for the Daniel Webster Elementary School for 2018.
30 homes were sold in 2018 compared with 33 in 2017. 8 homes sold at 100% or over in 2018 and 13 in 2017.
In 2018, in the 0-$499,000 price range 7 homes were sold with an average price per square foot of $233.06, and average days on the market of 52. The list price to sales price ratio was 93.79%. The lowest priced home sold for $249,000, and the highest priced home sold for $475,000. One home sold at 100%.
In 2017, 5 homes were sold with an average price per square foot of $285.98, and an average days on the market of 35. The list price to sales price ratio was 98.55%. The lowest priced home sold for $355,000, and the highest priced home sold for $481,000. Two homes sold for over 100%.
This reflected a stronger 2017 over 2018.
In 2018, in the $500-699,000 price range 17 homes were sold with an average price per square foot of $290.75, and average days on the market of 51. The list price to sales price ratio was 96.90%. The lowest priced home sold for $520,000, and the highest priced home sold for $670,000. 6 homes sold at 100% or higher.
In 2017, 23 homes with an average price per square foot of $277.39, and average days on the market of 101. The list price to sales price ratio was 95.36%. The lowest price sold home was $510,000 and the highest priced sold home was $690,000. 6 homes sold for 100% or higher.
While more homes were sold in 2017, price per square foot was higher in 2018 with a higher list price to sales price ratio.
In 2018, in the $700,000 to $799,000 price range 5 homes were sold with an average price per square foot of $278.42, and average days on the market of 78. The list price to sold price ratio was 95%.The lowest priced sold home was $705,000 and the highest price sold home was $775,000.
In 2017, 3 homes sold with an average price per square foot of $274.80, and average days on the market of 95. The list price to sold price ratio was 101.44%. The lowest priced sold home was $700,000 and the highest priced sold home was $745.000 All 3 homes sold over 100% .
This indicates that the sales prices were stable for both years.
In 2018, in the $800,000 – $899,000 range 1 home was sold with an average price per square foot of $380.43, and average days on the market of 21. The sales price to list price ratio was 103.18% and sold at $875,000.
In 2017, 1 home sold with an average price per square foot of $255.80, and average days on the market of 96. The list price to sales price ratio was 101.26, and sold at $805,000.
With just one home each year selling in this price range, it is hard to gauge a market trend.
No homes were sold over $900,000 in 2018.
In 2017, one home sold at $1,025,000. This home sold at 114.14% and was a newly renovated home.
In conclusion, each year was quite similar and reflects a stable market.
In 2013, I was honored to be the New York State Certified Residential Specialist of the Year! As a resident of New Rochelle for 40 years, I am here for all of your real estate needs!
New Rochelle is GREAT!
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