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

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.”