6 Month Real Estate Market update -Mamaroneck Elementary School 10543 2015

IMG_20131018_125643_680The Mamaroneck Avenue Elementary School  continues to excel! Not only that, but Mamaroneck was named one of the best New York towns in which to reside.  There are currently 15 single family homes available to purchase as of June 30th, 2015 ranging in list price of $279,900 to $6,495,000, 13 properties in contract ranging in price from $$595,000 to$1,710,000, and there were 19 sold properties ranging in price from $345,000 to $3,535,000.  The Median Sales price was $732,000 with an average price per square foot of $333.21. It is so obvious (as with all of the reports I have written) that the spring market portrays higher sales prices.

The sales price to original list price was 96.50%.

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Mamaroneck is GREAT!

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Real Estate Market Update Rye Neck School District Six Months Ending 6/30/2015

DSC02549With the Valedictorian from the Rye Neck High School attending Duke University  in the fall, and the Salutatorian attending the New York University Stern School of Business, it is obvious why parents and students alike are liking the Rye Neck School District. As of June 30th, 2015 there were 26 active single family  homes  ranging in price from $175,000 to $12,800,000 (Yes!), 20 properties in contracts ranging in price from $525,000 to $3,095,000, and 27 properties have sold ranging in price from $300,000 to $3,170,000. The Median sales price was $877,500, with a sales price to original  list price of 94.83%. Rye Neck   Larchmont is GREAT!

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Real Estate Market Report New Rochelle 10801 6 Months Ending 6/30/2015

58HamiltonAve_print_571As of June 30th, 2015 there were 38 single family homes available for purchase in the 10801 zip code ranging in price from $105,000 to $799,000. There were 31 Properties in contract ranging in list price from $199,021 to $1,179,000, and there were 43 Sold properties ranging in price from $261,000 to $1,560,000.  The sold properties averaged a price per square foot of $250,04, with an average sales price to  Original List Price of  93.17%.  This all indicates a robust market, and  despite world news, this is GREAT time in which to purchase a home in New Rochelle.

10801

 

New Rochelle is GREAT!

 

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New Rochelle 10805 Real Estate Market Report – Six Months Ending June 30th, 2015

header1With only 8 single family home sales and ranging from $385,000 to $1,235,000 it is hard to gauge too much.  The Median sales price was $706,250 with a price per square feet of $251.75.  However, the $1,235,000 sale had a price per square foot of $324.15.  Once again, the sales earlier in the year represent those properties that went into contract at the end of 2014 and as a rule sell for less than homes that enter the market in the spring market.

There are 25 single family homes currently on the market ranging in price of $179,000 to $2,100,000 and there are currently 5 properties in contract ranging in price from $349,000 to $800,000.

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New Rochelle is GREAT!

 

 

 

 

 

 

 

 

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Real Estate Market Report New Rochelle 10804 Six Months Ending 6/30/2015

2014-06-08 10.02.25What  a year to-date! Another cold winter had its effects on the real estate market.  Properties entered the market place later than usual with still properties being introduced to the market each week..

As of June 30th, 2015, there were 74  single family properties available in the 1o804  zip code, ranging in price from $479,000 to $2,613,000.  There are 47 properties in contract with list prices ranging from $460,000 to $1,199,888, and there have been 64 Sold properties ranging in price from $375,000 to $2,400,000.

Interesting to see that for the most part, price per square foot has increased since 2010. However, it should also be noted that with only 64 sales to date this year, and with my including all single family properties in the 10804 zip code, the price per square foot is overall.

six months new rochelle 2015

I also thought it would be interesting to observe the close price  versus the original list price. No surprise, the closings in January and February would reflect those year end sales which historically sell for less. Whereas, the true (early) spring sales are more robust with a smaller differential between list and actual sales price.  With a current large inventory, it is a great time in which to purchase a home!

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New Rochelle is GREAT!

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Larchmont 10538 2015 July 4th Celebrations

 

Larchmont, 10538!

Don’t forget the FREE concert tonight at  Manor Park ..  Bring  your friends and family  – and enjoy the Dixie Dandies….  Picnicking NOT allowed tonight, but allowed at all of the other scheduled concerts. The Fireman’s Carnival runs through to July 5th, and the Fireworks Display starts at 9:15 p.m. tonight at Harbor Island! Enjoy!

Larchmont is GREAT!

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New Rochelle’s 2015 Fireworks Display

521213_0493July 4th is always a great time to celebrate friends, family and our great country! Happy Birthday America.

There will be a wonderful firework display in New Rochelle by the  Grucci Family, and the event can be seen from all of the waterfront parks including Hudson Park and the Five Islands Park. The display will start at 9:30 p.m. so arrive early so you will find parking.

Happy July 4th Everyone!

New Rochelle is great!

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11 Lyncroft Road – Elegant home in Paine Heights 10804

An architectural gem on 0.42 of an acre. The current owners have blended contemporary with an exquisite Asian influence with a charming Zen garden where you can experience the intimate and peaceful essence of nature, with the relaxing fountain, and private 5 person Jacuzzi Spa. The 4612 sq. ft. home boasts 4 bedrooms, 3.5 baths, a huge eat-in kitchen with 3 Franke sinks & faucets, 2 Asko dishwashers, granite counters, 42″ Sub-Zero Refrigerator/Freezer, Marvel wine refrigerator and two spacious pantries. The kitchen, dining room and living room all overlook the exquisite garden. The master bedroom boasts a sitting room/nursery, a walk in closet, and beautiful bathroom complete with Jacuzzi bathtub. 2 bedrooms on the first level, and 2 bedrooms on the lower (above ground level), with a gym, office space, 2 family rooms, ( one with a fireplace & custom built-in entertainment center), and do not forget the 3 car garage. Welcome Home! 30 Minutes to New York City. Being offered at $1,150,000.

New Rochelle is GREAT!

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NEWRO Runners North Avenue Mile 6/14/2015

The usual excitement abounded this morning as the NEWRO Runners prepared for the Third Annual North Avenue Mile Race. The weather was great, there were over 300 entrants, and as usual, it was very well organized. I have long ago put aside my racing shoes, but I have to admit the energy  at these events, truly wants you (me!)  to race one last time.

Montefiore Hospital and Stop & Shop were sponsors this year, and they were given the appropriate credit by the race announcer. The race started at North Avenue and Paine Avenue, and ended at City Hall where the racers were greeted by treats, awards and the many fans!

 

New Rochelle is GREAT!

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The Fifteenth Annual New Rochelle House Tour (2015)

Today’s Fifteenth Annual New Rochelle House Tour was an unbridled success from the start to the finish with co-chairs Berdie Stein and Maria Prorok at the helm. So much time and dedication went into the event, and there was great praise for all involved.  From the subtle green and white color scheme which was carried over onto the Auction Baskets, to the balloons, and to the gift totes given to all who wished to view the five homes featured this year.

Lunch boxes were purchased through Stanz in Larchmont (who offered a great price for a boxed lunch that was hard to turn down), and everyone raved over the choice of vegetarian sandwiches or chicken salad sandwiches, vegetable chips,  fresh fruit, a delicious brownie, all delicately wrapped, and served with cooling lemonade or water. The view of the Long Island Sound was the perfect back-drop at Five Island Park in New Rochelle where the patrons first dined, and obtained the tour information, and the opportunity to purchase the raffle tickets. Unfortunately, no photography was allowed on the tour, and so the photos here are from the wonderful reception held after the event.  The Montefiore Hospital provided the plentiful cocktail repast of stuffed mushroom caps,  coconut shrimp, lamb chops, bacon wrapped water chestnuts, and more.. which was served elegantly with wines and sodas..

Mayor Bramson was on the tour, and at the reception, as was Barry Fertel, and I heard from Len Stein, the event’s Public Relations person how he was able to advertise the event through the Journal News by having them feature some choice photos in a three page spread from one of the beautiful homes  featured on the tour. Over 225 tickets were sold, and over $25000 raised, and all benefiting a worthy cause “The Pediatric Emergency Services at Montefiore New Rochelle”.  Through the co-chairs and Board Members’ efforts, it was made apparent that New Rochelle is vital, concerned , and a community that is always willing to become involved.

New Rochelle is GREAT

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