Second Quarter Real Estate Report Plus Home Sales

Real estate stats for the second quarter are in and the numbers validate what we suspected ... sales are healthy in both Scarsdale and Edgemont and there is a modest increase in prices as well.

Here are the statistics for the second quarter of 2013 vs. the second quarter of 2012 from the Julia B. Fee/Sotheby's report:

Sales Volume:

Scarsdale: There were 91 homes in contract vs. 83 for the second quarter of 2013 vs. 2012 – an increase of 10%. There were a total of 76 closings in the second quarter of 2013 vs. 67 in 2012 – an increase of 14%

Edgemont: There were 35 homes under contract vs. 33 in 2012 – an increase of 6%.
25 homes sold in 2013 vs. 31 in 2012, a decrease of 19%.

Median Sale Price:

In Scarsdale, the median price showed a modest 1% increase rising from $1,288,000 to $1,300,000 in the second quarter of 2013 vs. the second quarter of 2012. This is a positive trend but prices are down from the median high of $1,415,000 in the second quarter of 2011.

In Edgemont, the median sale price for second quarter home sales was $989,000 vs. $947,000 in the same period in 2012 – a 5% increase. This is down from the high of $1,120,000 in the second quarter of 2010.

Sales:

2 Chedworth: (pictured above) Premier Cotswold stone Tudor of incomparable beauty, quality and size with classic proportions and exquisite architectural details. Striking living room, elegant dining room with French doors to private bluestone patio. Updated kitchen, three new baths, three fireplaces, paneled family room with coffered ceiling. Grand master bedroom. Ideally located in the Cotswolds.

Sale Price: $1,850,000
Real Estate Taxes: $44,579

5 Burgess Road: Sited on private, flat . 66acre. Home of an interior designer. Five bedrooms, five baths with classic lines and elegant finishes. Marble entry with sweeping staircase. Chef's kitchen with professional appliances. French doors to backyard gardens. Note: the Scarsdale Committee for Historic Preservation considered this home and gave the go ahead for its demolition to buyer Bobby Ben Simon of the KOS Building Group.

Sale Price: $1,710,000
Real Estate Taxes: $37,164

46 Catherine Road: Wonderful home on a half acre with pool in Heathcote. Perfect for everyday living and entertaining. Large entry leads to lovely sized living, dining and family rooms. Eat in kitchen with Viking refrigerator,dishwasher, oven and stove. Heated Pool. Closets with built-ins. Basement with high ceilings waiting to be finished.

Sale Price: $1,590,000
Real Estate Taxes: $37,434

30 Kent Road: Exquisite center hall colonial located in desirable Fox Meadow. Many updates: crown moldings, entire interior painted, oak floors refinished, new windows. Beautiful kitchen, 4 bedrooms, 4.5 bathrooms. Sun-filled family room has doors leading to slate patio & large private yard. Wonderful first floor office or den.

Sale Price: $1,575,000
Real Estate Taxes: $27,805

4 Richelieu Road: young colonial in the heart of Edgewood offers everything you might wish for in a new home; four bedrooms, 3.1 baths, an eat-in kitchen featuring Viking range and Miele dishwasher, family room off the kitchen and a finished basement are just a few of the features. Everything is in mint condition. Square footage is approximate and includes legal finished basement and bath.

Sale Price: $1,225,000
Real Estate Taxes: $26,380

125 Brewster Road: Sun drenched Greenacres Tudor in mint condition. Walk to the Greenacres Elementary School and the Hartsdale Train Station. Situated on a level .20 acres, there is little to do. Professionally landscaped.

Sale Price: $1,123,000
Real Estate Taxes: $25,440

225 Rock Creek Lane: Light and bright open Tudor with easy flow and flexible floor plan. Flat, private, fenced backyard with deck and slate terrace. Freshly painted, newly finished hardwood floors, sunny large eat-in kitchen with cathedral ceiling, beautifully landscaped! Two 2-car garages. Two staircases, one to private master suite, second staircase to added wing of four bedrooms.

Sale Price: $1,070,000
Real Estate Taxes: $30,622

33 Clubway: Nestled amongst the treetops this bright and spacious mid century contemporary is located in the heart of Edgemont on .69 acres. Enjoy private tranquil views from all rooms. Move right in to this immaculate home with an ideal flow.

Sale Price: $900,100
Real Estate Taxes: $21,323

Featured Listing: 22 Overlook Road, Scarsdale
Fabulous home in the heart of Fox Meadow. Perfect for everyday living and entertaining. Lovely yard with side patio and back porch. Mature plantings. Sun-lit rooms throughout. Modern eat-in kitchen with Viking stove, Subzero refrigerator and GE double oven. Four bedrooms on second floor, two bedrooms on third floor. Walk to Elementary and High School.  Learn more here:

List Price: $2,750,000

Featured Listing: 1 Castle Walk, Edgemont
Pristine custom built Colonial with high-end finishes, soaring ceilings and custom millwork. This home boasts 6200 square feet of living space on 1/2 acre of manicured property. Master suite has dual walk-in closets, sitting room and luxurious bath. Oversized sunlit dine-in kitchen with granite counters, center island and Rutt cherrywood cabinets. Enjoy entertaining with 2 family rooms, 2 fireplaces, media/game room and library. Dramatic freeform Shoreline pool with hot tub, waterfalls and stone patio. Learn more here:

List price: $2,590,000