Real Estate: Home Sales Figures for the First Half of 2018

Real Estate: Home Sales Figures for the First Half of 2018

Category: Real Estate

Published: Tuesday, 17 July 2018 17:50

Joanne Wallenstein

5 Maple Ridge Court The number of home sales is off for the first half of the year in both Scarsdale and Edgemont.

Reports show that in the Scarsdale School District, the number of sales fell from 130 as July 17, 2017 to 101 as of July 17, 2018, a 22% drop.

In Edgemont, sales dropped 28.5% from 49 homes as of 7/17/17 to 35 homes as of the same date this year.

Prices are also down, with the median sale price falling 3% from $1,650,000 to $1,600,000 in Scarsdale and 11% in Edgemont from $1,232,500 to $1,094,000 as of July 17, 2018.

Linda Dietz, an Associate Broker at Houlihan Lawrence noted that the issue may be about timing. The spring market was hurt by bad weather that prevented weekend showings and a nor’easter that knocked out power to many homes for almost two weeks. In addition, changes to the tax law that limit deductions for real estate taxes and mortgages may have initially scared off buyers, but now that they have had time to consult with their accountants, they may be back in the market.

Dietz notes that pending sales – or homes in contract -- are actually up this year in Scarsdale from 63 as of this date in 2017 to 71 this year. In Edgemont there are now 33 pending sales vs. 29 at this time last year.

So as the summer progresses, the outlook may improve.

Here's what sold:

50 Graham Road50 Graham Road: Unique combination of architectural flair, luxurious modern finishes and best-in-class craftsmanship. A sun-lit, soaring center hall entrance leads to the living room and formal dining room. The gourmet kitchen opens to a comfortable family room. French doors to covered porch allow enjoyment of the back area and yard. Covered porch with fireplace. First floor office offers views of the backyard and access to full bath. Upstairs is a private master wing, plus 4 comfortable bedrooms. Large accessible lower level.
Sale Price: $2,690,000
Assessed Value: $2,737,625
Real Estate Taxes: $48,927

5 Ogden Road5 Ogden Road: Bright six bedroom center hall Colonial in the heart of Fox Meadow. The chef's kitchen with generous opening to the family room has lots of windows and ample seating. Luxurious master retreat with vaulted ceiling, door to private deck and a stunning marble spa bathroom complete with whirlpool tub and large shower. The lower level is very open and has lots of natural light and there is an au pair's room and bath.
Sale Price: $2,550,000
Assessed Value: $2,475,000
Real Estate Taxes: $60,098

11 Rutland Road11 Rutland Road: Center Hall layout with large bright rooms and beautiful detail. Updated kitchen and baths and fabulous family room addition with tray ceiling. Six bedrooms off a gracious hall, 5 full and 1 half baths, Gracious master suite with redone bathroom, walk in closet and wall of custom cabinetry. Beautiful .47 quiet, fenced, and private acres with a pool, patio, lawns and lush landscaping. Wonderful changing room and bathroom for the pool.
Sale Price: $2,200,000
Assessed Value: $1,774,800
Real Estate Taxes: $59,119

4 Hamilton Road4 Hamilton Road: This classic Edgewood colonial was fully renovated in 2005 and further improved over the last three years. The home is beautifully designed to reflect today's tastes and to accommodate current family life and entertaining style.
Sale Price: $1,901,000
Assessed Value: $1,325,000
Real Estate Taxes: $32,198

8 Cotswold Way8 Cotswold Way: The first level features living room with fireplace, sun room, formal dining room and chef's kitchen with adjacent family room with large glass sliding doors to the patio and private, landscaped yard, powder room, mudroom and garage. The second level boasts an impressive master bedroom, bedroom w/ensuite bath and 2 more bedrooms w/hall bath. The third level includes a recreation room and bedroom. The lower level features a playroom, full bath and laundry room. This corner property provides a level yard with ample entertaining space on the patio.
Sale Price: $1,850,000
Assessed Value: $1,751,800
Real Estate Taxes: $57,288

234 Nelson Road234 Nelson Road: This is the perfect layout for relaxed every day living, as well as formal entertaining. The finished lower level gives an additional 690 sq feet of living space. The 1st floor boasts an airy living room with a wood burning fireplace, a sunny seating room and a large dining room area. There is a newly remodeled cook's kitchen with top stainless steel appliances. A renovated 1st floor half bath completes this floor. On the 2nd floor we find a sun-filled master bedroom with a tranquil en-suite bathroom. There are 3 additional bedrooms on this floor as well a renovated hall bath. Finished lower level.
Sale Price: $1,455,000
Assessed Value: $1,022,099
Real Estate Taxes: $22,461

145 Bradley Road145 Bradley Road: The first level features an entry foyer, formal living and dining rooms, fabulous open plan kitchen/family room with sliders to the patio and yard and a powder room. The second level boasts a master bedroom with ensuite full bath and walk-in closet, three additional bedrooms and a large hall bath. The lower level includes a spacious recreation room, bedroom, full bath, laundry room and utilities. Level yard and detached one car garage.
Sale Price: $1,385,000
Assessed Value: $1,300,000
Real Estate Taxes: $31,362

31 Barry Road31 Barry Road: Inviting Colonial on expansive property in sought after Edgewood location. Set on a picturesque block just a quick walk to the elementary school, this home will delight! Features include a generous living room with wood-burning fireplace, bright den with built-ins and sliding doors to backyard, impressive dining room trimmed with wainscoting, modern eat-in kitchen, tucked-away powder room, four nicely sized bedrooms and hardwood floors.
Sale Price: $981,000
Assessed Value: $875,000
Real Estate Taxes: $21,296

37 Andrea Lane37 Andrea Lane: This home is in a great neighborhood perfect for walking and biking and offers lots of family space; 5 bedrooms, 3 full baths, open living room/dining room and eat-in kitchen with access to the deck and large back yard. The lower level hosts a family room with wood burning fireplace and access to the backyard. The 5th bedroom on this level with full bath and access to the attached 2 car garage. The basement level has a playroom complete with bar and a home office. On the second level has the master bedroom suite.
Sale Price: $950,000
Assessed Value: $745,700
Real Estate Taxes: $22,553

11 Kaateskill Place11 Kaateskill Place: Cook's kitchen with custom cabinets, granite counters, stainless appliances and picture window overlook the property and adjacent to expansive family room with built-ins and door to property. Spacious with 3 bedrooms and an office that has potential to be a 4th bedroom. Private backyard with large patio.
Sale Price: $670,000
Assessed Value: $687,400
Real Estate Taxes: $23,004

Featured Listings:

12 Kelwynne Road

12 Kelwynne Road, Scarsdale
Bright Collet built Tudor magnificently landscaped in prime Murray Hill section of Scarsdale. Gracious entry foyer/gallery leads to a step down fabulous living room with prominent fireplace and elegant moldings and large lead glass windows, bright sunroom, large entertaining dining room with exquisite details.
Price: $2,995,000
Read more here

2 Weaver Street

2 Weaver Street | Heathcote
The Heathcote, park avenue luxury living in Scarsdale! Magnificent New Boutique Residence with 24/7 Concierge. Stunning 1-3 bedroom flats and a duplex apartment..
Listing Price: $1,300,000-$3,350,000
Learn More Here

16 Autenreith Road

16 Autenrieth Road | Fox Meadow
Impressive and Picturesque Fox Meadow Colonial Situated On A Quiet Street Just One Block From Scarsdale Village, Shops and Train. Feng Shui Designed Front Entry Hall, Great Energy Flow.
Listing Price: $2,988,000
Learn More Here

8 Westview Lane

8 Westview Lane | Quaker Ridge
Spectacular Quaker Ridge residence nestled on a quiet 0.57 acre with incredible pool and landscaping. A formal entry hall with vaulted ceilings and skylight welcomes guests to this beautifully updated property featuring 5 ensuite bedrooms.
Listing Price: $2,295,000
Learn More Here

55 Mamaroneck Road

55 Mamaroneck Road | Heathcote
Spectacular oasis in the prestigious Murray Hill estates area. A private tree lined driveway leads to this captivating 6 BR renovated colonial on over 1 acre of beautifully landscaped property. The ultimate in privacy and serenity. A must see for the discerning buyer!
Listing Price: $2,250,000
Learn More Here

11 Club Way

11 Club Way, Hartsdale
Renovated open layout just steps to the train! This magnificent Edgemont Tudor home has a Colonial feel inside with large scale rooms, lots of light and a place for everyone. Features include: renovated kitchen with professional grade appliances, 3 dishwashers, granite countertops, large center island, hardwood floors.
Price: $1,350,000
Read more here

Open Houses:
2 Argyle Road2 Argyle Road, Scarsdale
Price: $1,149,000
Public Open House: 7/22 from 1pm-3pm
Learn more here HoulihanLawrence2017

57 Franklin Road

57 Franklin Road, Scarsdale
Price: $1,449,036
Public Open House: 7/22 from 1pm-3pm
Learn more here HoulihanLawrence2017

35 Sheridan Road

35 Sheridan Road, Scarsdale
Price: $1,668,000
Public Open House: 7/22 from 2pm-4pm
Learn more here HoulihanLawrence2017

13 Shelley Lane13 Shelley Lane, West Harrison
Open House Sunday July 22, 1 – 4 pm
Luxurious home offers a sophisticated lifestyle. Stunning 5 bedroom, 4.1 bath Colonial. Convenient to schools, major highways, minutes to train for a 30 minute commute to NYC.
List Price: $1,515,000
Learn more here

5 Continental Road5 Continental Road, Scarsdale
Open House Sunday July 22 from 12:30 – 2:30 pm
Beautiful, spacious and completely updated 6 bedroom, 4.1 bath Contemporary Quaker Ridge Colonial. Bus to Scarsdale schools.
List Price: $1,875,000 or $12,000 a month
Learn more here

19 Oakstwain Road

19 Oakstwain Road, Scarsdale
Public Open House: 7/22 from 2pm-4pm
List Price: $1,875,000
Learn more here
HoulihanLawrence2017

5 Cotswold Way5 Cotswold Way, Scarsdale
Public Open House: 7/22 from 1pm-3pm
List Price: $1,625,000
Learn more here

12 Campden Road12 Campden Road, Scarsdale
Public Open House: 7/22 from 12pm-2pm
List Price: $1,740,000
Learn more here

4 Crawford Lane4 Crawford Lane, Scarsdale
Public Open House: 7/22 from 2pm-4pm
List Price: $1,848,000
Learn more here

172 Fox Meadow Road172 Fox Meadow Road, Scarsdale
Public Open House: 7/22 from 3pm-4:30pm
List Price: $1,749,999
Learn more here HoulihanLawrence2017