Daily Archives: December 15, 2012
Top Average Ask price for Bedford NY area | Bedford Real Estate
Top Average Ask price for Bedford NY area | Bedford Real Estate
1. Bedford Hills $3,694,474
2. Bedford Corners $2,964,869
3. Armonk $2,424,364
4. Bedford $1,778,348
5. Chappaqua $1,723,827
6. Pound Ridge $1,502,647
Chappaqua real estate sales down 10% – Prices up 3.6% | RobReportBlog
Chappaqua real estate sales down 10% – Prices up 3.6% | RobReportBlog
Chappaqua NY Real Estate sales Report – last six months
2012
58 sales
$940,712 median price
$480,000 low price
$2,550,000 high price
3746 ave. size
$292 ave. price per foot
172 ave. DOM
95.71% ave sold to ask
$1,073,578 ave. sold price
Average sold price for Bedford NY area real estate | Bedford NY Homes
Average sold price for Bedford NY area real estate | Bedford NY Homes
$1,156,482 Armonk
$1,073,578 Chappaqua
$1,328,948 Bedford
$885,537 Pound Ridge
$621,120 North Salem
$649,194 South Salem
$788,487 Mount Kisco
$1,279,570 Bedford Hills
Bedford NY Real estate sales down 19% – Prices down 25% | RobReportBlog
Bedford NY Real estate sales down 19% – Prices down 25% | RobReportBlog
Bedford NY Real Estate Sales Report – last six months
2012
29 sales
$986,000 median sales price
$418,500 low price
$4,450,000 high price
4056 Ave. size
$321 Ave. price per foot
200 Ave. DOM
93.13% Ave sold to ask
$1,328,948 Average sold price
Bedford NY area luxury market down 14% | RobReportBlog
Bedford NY area luxury market down 14% | RobReportBlog
Homes selling for more than $2,000,000 – last six months
2012
23 homes sold
2011
27 homes sold
There are currently 135 homes for sale asking over $2,000,000. At the current rate it will take 35.22 months to sell these homes. There is a great inventory of un sold homes to choose from.
South Salem NY real estate sales up 39% – Prices up 6% | RobReportBlog
South Salem NY real estate sales up 39% – Prices up 6% | RobReportBlog
South Salem NY Real Estate Report – last six months
2012
39 sales
$575,000 median sales price
$245,000 low price
$1,300,000 high price
2869 ave. size
$230 ave. price per foot
208 ave. DOM
$649,193 ave. sales price
Local Inventories | RobReportBlog | Armonk NY Real Estate
Local Inventories | RobReportBlog | Armonk NY Real Estate
Armonk 8.33 months
Chappaqua 9.26 months
Bedford 15.51 months
Katonah 7.36 months
South Salem 9.8 months
North Salem 16.51 months
Pound Ridge 10.6 months
Bedford NY area homes selling under $500k up 39% | RobReportBlog
Bedford NY area real estate selling for under $500k up 39% | RobReportBlog
Bedford NY Real Estate Market Report – last six months
2012
120 homes sold
2011
86 homes sold
The market for homes selling for under $500k is up 39.5% from last year. Low rates and market realistic pricing has been good news for the market.
Currently there are 133 homes for sale asking under $500k in the area and at the current pace they will sell in 6.65 months. A very healthy market in this price range.
Snagging real estate bargains on Florida’s ‘Forgotten Coast’ | Mt Kisco Real Estate
When the real estate bubble finally burst across the U.S., tiny St. George Island was pounded as if a Category 5 hurricane had just passed through. Home values dropped by 75 percent. That $3 million lot now cost $750,000.“There were many people who bought during the time of house price escalation and didn’t flip,” Collins said. “They wound up underwater (an ambivalent phrase if there ever was one in Hurricane Alley), owning more for the property than they could possibly sell it for. We have been dealing with foreclosures and some short sales for the last four years.”
It’s important to remember that the Franklin County market peaked in 2005, far ahead of the rest of the country. So, the question is, does recovery happen ahead of the country as well?
Sadly, that’s not the case, but Collins and Parker see sunshine after the housing hurricane.
“People who wanted to buy but couldn’t when the prices were so high have started coming around,” Collins said. “These are not investors, but professionals with families.”
Over at Alligator Point, Parker is seeing a brisk business from a different kind of client. “I sold over 70 properties this year,” Parker said. “Most of my buyers are newly retired or getting ready to retire. They always wanted a place on the water and now they can afford it.”