The Scarsdale School District experienced a dramatic increase in home sales in the third quarter of the year. From July 1st through September 30th, there was a 93.8% increase in the number of homes sold over the previous quarter. In the third quarter, 93 homes sold compared to 48 in the second quarter.
For the year-to-date, the increase is also impressive. In the first three quarters of 2009, 117 homes were sold, while for the same period in 2010, 169 homes sold, representing a 44% increase.
A home in Scarsdale was on the market for an average of 167 days and the average sale price was $1,520,044. The average home had 5 bedrooms and 4.22 bathrooms with 3,446 square feet. The price range with the most homes sold (17) was in the range of $1,000,000 to $1,249,999.
The fastest selling neighborhood was Greenacres where homes were on the market for an average of 117 days. Fifteen homes sold at an average selling price of $1,329,960, with sales ranging from $737,000-$2,635,000.
Edgewood was next with homes on the market for an average of 120 days. Seventeen houses sold at an average selling price of $886, 971 with sales ranging from $465,000-$1,557,500.
Homes in Fox Meadow were on the market for an average of 158 days. Twenty homes sold, at an average price of $1,758,700 with the balance ranging from $570,000 to $4,100,000.
In Heathcote homes were on the market for an average of 177 days. Twenty houses sold at an average price of $2,041,284 with the others ranging from $945,000 to $5,025,000.
Homes in Quaker Ridge were on the market for any average 239 days with 21 houses sold at an average price of $1,444,595. The total price range for Quaker Ridge sales was $697,500 to $3,700,000.
Data based on information reported in the Westchester-Putnam Multiple Listing Service. Information deemed reliable but not guaranteed.
This Week’s Sales:
7 Cornell Street: 8.900 square foot home on .92 acres. Eight foot mahogany front doors and 2-story foyer in a magnificent new colonial with sweeping views of Bonnie Briar Golf Club. Among many amenities are: living room with coffered ceiling; master bedroom suite with freestanding whirlpool and heated floor in bath, fireplace and balcony; flagstone patio with custom wrought iron railings; circular drive with Belgian Block insets; 5-zone hydro-air heating; heated garage; 10' ceilings on the first fl.; 9' ceilings-basement and 2nd fl.; hi-tech A/V/Internet wiring throughout.
List Price: $3,595,000
Sale Price: $3,225,000
Real Estate Taxes: TBD
22 Hamilton Road: Renovated Colonial on quiet street- Featuring gorgeous gourmet chef's kitchen with granite counters, premium appliances and custom designed cabinets. Beyond the sunny living room and dining room is a cozy den. Master suite and three large bedrooms are upstairs with stairs leading to office and bonus sitting room with half bath. Freshly refinished hardwood floors.
List Price: $875,000
Sale Price: $870,000
Real Estate Taxes: $15,675
125 Saxon Woods Road: Amazing architect's home overlooking Saxon Wood Park offers Zen-like views and utmost privacy. Part of the property is in Scarsdale, allowing for choice of schools with minimal taxes. Thoughtful design allows for maximum flexibility with Master suite on first floor, two bedrooms and a bath on second floor and a separate guest suite on the lower level. Vaulted and beamed ceilings, skylights and fireplaces, make this a house to see.
List Price: $979,000
Sale Price: $850,000
Real Estate Taxes $18,725
155 Brite Avenue: The sophisticated exterior of this Tudor belies the easy family living space inside. There is a cozy sunken living room, dining room , family room with access to the patio and fenced level yard. Brand new eat-in kitchen with a center island, state-of-the-art stainless steel appliances, breakfast nook with built-in benches, a marble covered baking station, honed granite and custom cabinetry. Upstairs is master bedroom with bath plus 3 bedrooms and hall bath.
List Price $1,095,000
Sale Price: $1,015,000
Real Estate Taxes: $26,576