Annual Sales Increase in Edgemont and Scarsdale
- Details
- Written by Joanne Wallenstein
- Category: Real Estate
Here is the annual real estate report, provided by local realtors Elise Flagg and Laura Miller: Real estate sales in both Scarsdale and Edgemont were up for 2014 over 2013. In Scarsdale 253 single family homes sold in 2014 versus 237 in 2013, an increase of approximately 6.5%. The median price, which stood at just under $1.3MM last year, is now just under $1.5MM, "a remarkable 15% increase in just 12 months" according to Houlihan Lawrence Office Manager, Lewis Arlt. Just over 50% of those sold houses were $1.5MM or less. Another 40% were in the $1.5-3MM price range and approximately 10% sold for more than $3MM.
Edgemont saw an increase of over 11% in unit sales with 104 houses sold in 2014 versus 92 in 2013. The median sale price went up significantly, climbing 20% from $968,750 in 2013 to $1,165,000 in 2014. As for the distribution of sales, about 40% of those houses were $1MM or less, another 40% were in the $1-1.5MM range and 20% sold for more than $1.5MM.
Realtors are expecting a vibrant spring market for 2015. Both Zillow and Realtor.com have predicted that "Millenial" buyers (under 35 years old) will be the largest group of buyers by the end of 2015, overtaking the Gen Xers (35-50 year olds). These projections are based on statistics that show that Millenials have delayed marriage and children but are now reaching the child-bearing/home-purchasing years. Overall economic gains and increased jobs in 2015 should also boost the market.
Scarsdale Since January 2014:
- Up to $1MM: 8 active listings, 57 in contract or sold
- $1-1.5MM range: 15 active listings, 86 in contract or sold
- $1.5-2MM range: 7 active listings, 59 in contract or sold
- $2-3MM range: 16 active listings, 54 in contract or sold
- $3-5MM range: 22 active listings, 26 in contract or sold
- $5MM and up: 8 active listings, 6 in contract or sold
Edgemont Since January 2014:
- Up to $1MM: 8 active listings, 51 in contract or sold
- $1-2MM range: 7 active listings, 68 in contract or sold
- $2-3MM range: 0 active listings, 4 in contract or sold
- $3MM+ range: 1 active listing, 0 in contract or sold
We are available to offer insight into the local real estate market, provide a comparative market analysis of your home and to advise you on selling and buying a home.-- Laura Miller and Elise Flagg.
Sales:
130 Aqueduct Drive: This wonderful English home is bathed in light. It is nestled on a quiet street close to Edgemont's award winning schools, within minutes to Metro North and both Scarsdale and Hartsdale town centers. The house has been superbly renovated with a beautiful new eat in kitchen including stainless steel appliances, granite counters and abundant cabinetry. All 3 bathrooms are new as well. Additionally, this home has hardwood floors, excellent storage, new central ac, ceiling fans, new hot water heater and new boiler.
Sale Price: $960,000
Real Estate Taxes: $23,580
5 High View Drive: Enjoy sophisticated living in Edgemont. Generously sized rooms include the living room with bay window, Gourmet chef's kitchen with sky light, high-end appliances including Thermador double oven and dishwasher, GE Profile cooktop and Jenn-Air refrigerator; stunning granite counters, custom cabinetry and breakfast counter. The kitchen leads to the open concept dining room with built-in cabinetry and is adjacent to the grand, versatile great room w/beamed ceiling, corner fireplace, recessed lighting and sliding door to huge patio overlooking the private yard. Next to the great room is an office/guest room. Ideal flow for entertaining! Master bedroom with renovated bath w/sky light, 2 additional bedrooms and 2nd renovated hall bath. Lower level office/den area w/powder room provides additional space. Hardwood floors, newly paved driveway with Belgian block skirt.
Sale Price: $765,000
Real Estate Taxes: $22,638
Featured Listings:
35 Birchall Drive, Scarsdale: Magnificent stone home on .97 acre with specimen 
plantings and beautiful pool. Lovely flat yard for added enjoyment. Large entry leads to beautiful living room with doors to a covered porch, a wood paneled study, a fabulous dining room, as well as the pool area in the yard. The entry has a staircase to the second floor. Bedroom wing contains a master bedroom with bath, bedroom with bath, bedroom, bath. Fabulous contemporary stainless steel kitchen with 14 foot island renovated and designed by David Mann in 2005 with SubZero ice-maker, wine cooler, refrigerator, Blue Diamond double oven with six burners, broiler and griddle, Miele coffee maker, two dishwashers and two sinks. Family room off kitchen with doors to yard and wall of glass with electric shades. Second floor has two large rooms, open space, storage and bath. Perfect for a potential renovation to create multiple bedrooms. The perfect home for everyday living and entertaining. 9 foot ceilings on the first floor. 3 A/C zones and 5 heating zones. Learn more here:
List Price:$3,495,000
20 Cayuga Road, Scarsdale: Classic center hall colonial set on 
quiet street in very desirable neighborhood.Living room,formal dining room,large eat in kitchen,dr to private back deck,mudroom/laundryroom,dr to attached 2 car garage,convenient backstaircase,family rm with fireplace and sliding glass door to deck,and powder room. On second floor,there is a large master bedroom ,walk in closets, dressing area and master bath with skylight, 4 additional bedrooms plus 2 full baths and huge unfinished space for bonus room or exercise room.Lower level,there is a finished playroom, glass doors to back property,huge walk in cedar closet,utilities and massive storage space.Lovely expansive level back garden set on almost 1/2 acre. Learn more here:
List Price: $1,750,000
Year End Sales for 2014
- Details
- Written by Joanne Wallenstein
- Category: Real Estate
Another week with strong sales in Edgemont brings 2014 to a close.
Scarsdale:
3 Hillview Drive: This majestic, almost new center hall Colonial has it all. Beautifully set in Quaker Ridge, this carefully built custom home has a perfect layout, generous space and fine detailing. The double height center hall with coffered ceiling welcomes you to a sweeping staircase flanked by a spacious living room and dining room detailed with beautifully carved arched molding while enjoying the airiness of 10' ceilings. The gourmet kitchen is fully appointed with fine cabinetry and appliances adjacent to the great room and breakfast room. A spacious wood deck overlooks the property. Upstairs: handcrafted walnut library with vaulted ceiling with windows overlooking the scenic view. Master bedroom with fireplace, vaulted ceiling, custom closets and master bath with Jacuzzi and steam shower, plus 4 more family bedrooms and 2 additional baths complete the 2nd floor. The lower level includes family recreational living: huge game room, play/media room, Gym/Br 1.1 baths.
Sale Price: $3,150,000
Real Estate Taxes: $44,930
60 Crossway: Gracious Colonial with top of line renovation. Grand foyer with marble mosaic floor opens to dining room and living room with fireplace. Sun-drenched family room has magnificent stone fireplace. Large eat-in Chef's kitchen. Maid's room and bath, pantry with wine refrigerator and 15' x 26' all-season rm. Upstairs is large master with fireplace, huge outfitted walk-in closet, 3 BRs, renovated bath. 3rd floor has 2 BRs and bath. Lower level with 2 big playrooms and storage.
Sale Price: $1,650,000
Real Estate Taxes: $34,402
66 Boulevard: Sunny and bright 1920's Colonial Farmhouse beautifully set on a corner lot with a front porch and urban charm. Meticulously updated while maintaining its original character and detailing. Features include hardwood floors with mahogany inlay throughout, wood-burning fireplace with original tile surround and stunning built-ins, central A/C (2013), new hot water heater (2014), new thermal pane windows (2013), sprinkler system, renovated laundry/mudroom on first floor, renovated bathroom with claw-foot tub featuring porcelain and chrome telephone faucet, huge walk-in closet in master, and a fabulous chef's kitchen with honed granite countertops, Rohl Shaws farmhouse sink, and stainless steel appliances.
Sale Price: $1,153,000
Real Estate Taxes: $16,855
Edgemont:
32 Walbrooke Road: This pristine stone and clapboard Colonial is nestled on a secluded .22 Acre in Old Edgemont, only a few blocks to the renowned schools, shopping, Scarsdale Village amenities, 35 minute express trains to Grand Central and Central Avenue buses to NYC. Built in 1926 with extensive renovations since 2000. 11 rooms, 5 bedrooms, 4 full baths and powder room. Interior special features include a welcoming reception hall and stairway with beautiful wainscoting, a stunning step-down living room with 3 sets of French doors leading to a 36' covered porch, a magnificent kitchen setting with top appliances, large center island and adjoining spacious family room, butler's pantry and back mudroom, a fabulous recreation room with a wet bar and 2 skylights. Private patios easily accessed from the family room and kitchen for barbecues. Easy flow throughout for entertaining in this traditional and modern, cozy and comfortable home.
Sale Price: $1,505,000
Real Estate Taxes: $33,384
28 Walbroooke Road: This 5 bedroom, 3 full bath center hall Tudor has been extensively renovated by current owners. Almost everything is new! New roof, new two zone central air, newer gas furnace, updated kitchen, and three new baths. Exterior painted in 2013. Fabulous, level, fully fenced private yard, with two outdoor eating/entertaining spaces. Hardwood floors throughout. Move right in.
Sale Price: $1,185,000
Real Estate Taxes: $26,697
20 Doris Drive: Ranch in ideal location with entry foyer that leads to large living room with fireplace, dining room, massive family room with fireplace, a loft, bedroom and full bath. The kitchen, dining room and family room lead to deck and rear yard. Main level living quarters include master bedroom with en suite bath plus 2 bedrooms and hall bath. Picture windows with views of trees and private rear yard with perennial gardens. Freshly painted and hardwood floors throughout.
Sale Price: $1,150,000
Real Estate Taxes: $22,220
34 Byron Place: 4 bedroom, 3.5 bath CH Colonial sits on a cul-de-sac in walking distance to Elementary School. Natural light sweeps through the back of the house with large windows overlooking the level and generous backyard. Rooms flow seamlessly into each other. The beautifully landscaped outdoors integrates naturally with interior space. Extremely well maintained. Many new, young features have been added including custom built-ins and window seat in living room, French doors, all new LED lighting, first floor and backyard wired for sound, new air conditioning and duct work 2007, washer/dryer/basement refrigerator 2010, energy efficient spray foam insulation added to attic, new garage door and motor 2013.
Sale Price: $1,117,500
Real Estate Taxes: $27,645
21 Kingwood Road: Fully remodeled 4/3 bedroom, 3 full baths sunny split on lovely tree lined street in top rated Edgemont school district. Freshly painted in and out with new stone work; new roof, new mechanicals (heat and central air); new kitchen with granite, top of the line stainless steel appliances; new baths with high end fixtures, new doors and sliders. Open floor plan with vaulted ceiling and refinished hardwood floors. Fourth bedroom could be used as a second master or family/playroom. Great flat fenced yard perfect for parties, children's recreation space and more.
Sale Price: $817,500
Real Estate Taxes: $19,951
401 Ardsley Road: Affordable Edgemont home with beautiful curb appeal. Situated on close to 1/2 level acres of land. Well-sized living room with wood burning fireplace and views of private backyard. Eat-in kitchen with door to stone patio and fenced-in yard. Dining room and power room finish off the first floor level. Two bedrooms, hall bathroom and master bedroom with attached office (or walk-in closet) and master bath. Attached two-car garage.
Sale Price: $670,000
Real Estate Taxes: $21,070
57 Fort Hill Road: Single family home in the Edgemont School district, situated on .27 acres, with flat back yard, ready for expansion by utilizing the spacious attic space to add on another bedroom and a full bath, or a possible full addition off the flat back yard. Full basement, with high ceilings and lots of space to finish if needed, access to garage thru the basement, above ground oil tank, and heating system.
Sale Price: $440,000
Real Estate Taxes: $16,274
Teardowns Increasing in Scarsdale
- Details
- Written by Joanne Wallenstein
- Category: Real Estate
No – you're not imagining it – more homes were torn down in Scarsdale this year that last. Lynne B. Clark, an associate real estate broker with Houlihan Lawrence in Scarsdale, tallied up just how many homes were cleared for demolition by the Committee for Historic Preservation over the past three years.
And, as we suspected, the number is on the rise.
Here are the counts:
2014: 41 demolitions
2013: 35 demolitions
2012: 37 demolitions
According to Clark, "Prices are soaring on land as builders scramble to buy and build. New construction seems to be favored by buyers."
So though current residents don't like to see houses in their neighborhood torn down, new buyers seeking homes in Scarsdale prefer them. It's a conundrum!
Sales:
80 Carthage Road: 1937 Colonial on .22 acres on a lovely tree lined street in sought after Heathcote location. Over 3700 interior square feet includes: Entrance hall, updated powder room, Living room, Den/office, Dining room with skylight, new top of the line eat- in kitchen/skylights and family room with fireplace, Mudroom to 2 car garage, Bedroom with bath, Deck off the kitchen. 2nd Floor: Large master bedroom with walk in closet and bathroom, 3 additional bedrooms with 2 hall baths. Lower Level: finished playroom and game room plus laundry.
Sale Price: $1,727,500
Real Estate Taxes: $31,145
Edgemont:
34 Overton Road: Story book expanded cottage colonial beautifully renovated--blending classic with new to create all the must haves for today's modern lifestyle. 3,000 + square feet. True attention to detail. Incredible and abundant versatile space from lower to 3rd floor suite-compete with full baths. Open Kitchen, FR and MBR suite addition. MBR with Palladian window and cathedral ceiling, bathed in sunlight creating character, charm, and comfort. Gracious custom walk-in master closet. Luxurious Spa Bath with steam shower, whirlpool, and heated towel rack. Kitchen/Family Room leads to a screened in porch overseeing magnificently landscaped property. Wood deck under a canopy of trees and sky, enjoy morning coffee in the sun, and evening gatherings under the stars. Custom stone patio, enchanted gardens, professionally landscaped grounds and private flat backyard.
Sale Price: $1,350,000
Real Estate Taxes: $32,739
Featured Listings:
4 Burgess Road, Scarsdale: Beautiful five-bedroom Colonial 
on a level .60 acre with a fabulous patio and a 20' x 40' pool with Jacuzzi. Perfect home for everyday living and entertaining. Renovated and expanded in 2000. First floor has a lovely entry with beautiful staircase, living room with fireplace, dining room, large kitchen with island, breakfast area and sliding doors that lead to large patio. A study, office, and full bath complete this level. Walk to high school, Scarsdale Village, and public bus. Free school bus to elementary school. Slate roof and permanent generator. Learn more here:
List Price: $2,695,000
27 Aspen Road, Scarsdale: Bright and spacious five-bedroom home
in Quaker Ridge with generously sized rooms. New kitchen (2009) with granite counters and high-end appliances, furnace/HVAC (2009), hot water (2011), roof (2012), windows, lower level tile floor, master bedroom with built-ins and new master bath, as well as new hall bath and lower level bath. Located near Aspen Park on a .38 acre level property with private back yard and two patios. Learn more here:
List Price: $1,299,000
Edgemont Leads the Way in Year-End Sales
- Details
- Written by Joanne Wallenstein
- Category: Real Estate
For our final report of the year on local home sales, Edgemont leads the way. See what sold in Edgemont and in Scarsdale as 2014 comes to a close:
Edgemont:
5 Scarsdale Farm Road: Five bedroom home with pool on a cul de sac with a path to the elementary school. Everything has been renovated and styled with the finest materials, design and function. Large entry to generously proportioned living room with a custom marble fireplace. French Doors access the rear patio. An antique marble fireplace graces the dining room. A large redone kitchen and mud room near garage and back stairs. The second floor has an appealing master suite with elegant new bath. There are 3 additional large bedrooms and a bath in the main part of the house plus a private large fifth bedroom and new bath off the back stairs.
Sale Price: $1,995,000
Real Estate Taxes: $47,264
29 Clubway: Solid, warm and inviting home on .41 acres in Edgemont School District. Finely crafted and detailed with high level renovations and conveniences. Each room has its own charm and allure. The dropped living room has 16' ceilings, a large fireplace, and French doors. The dining room is elegantly proportioned, and the kitchen is spacious and light. Family room with doors to patio.. Leaded windows, wide planked pegged oak floors. Beautiful year round views.
Sale Price: $1,280,000
Real Estate Taxes: $38,892
9 Sunrise Lane: 5 bedroom, 3.5 bath home on almost .5 acre in the Edgemont school district. The kitchen has been recently updated with large center island, sub zero refrigerator, whole house generator, solar electric system, Viking appliances, granite counter tops and wine fridge. The outdoor entertaining space offers a large heated in ground pool and hot tub, large trek decking off the kitchen and family room. First floor bedroom and bath which is great for nanny. 2 zone central air condition, central vacuum, hardwood floors, large and bright rooms.
Sale Price: $1,101,000
Real Estate Taxes: $31,769
22 Mount Joy Avenue: Timeless tudor in the heart of Old Edgemont with stunning curb appeal. Second owners have kept the old world charm of this home and modernized it for today's easy living. Some of the many updated features include: new appliances, central air, pantry in breakfast area, invisible fence, brick patio.
Sale Price: $803,000
Real Estate Taxes: $20,128
167 Evandale Road: Charming, affordable Tudor in Edgemont school district. Hardwood floors throughout, nice size rooms, stone fireplace and updated kitchen. Perfect home for a young family. Slate roof and entire home has been meticulously maintained. Terrific yard.
Sale Price: $510,000
Real Estate Taxes: $17,635
Scarsdale:
25 Cornell Street, Mamaroneck Strip: Exceptional property bordering prestigious Bonnie Briar offers .63 flat acres and a sun drenched open floor plan. Each is spacious with an expansive 20 x 30 patio with built in seating, French doors from dining, sitting and living room ready for festive entertaining . Five bedrooms, 2 family rooms and room for possible expansion.
Sale Price: $1,440,000
Real Estate Taxes: $34,610
24 Gatehouse Road: Spacious and bright Colonial with circular staircase. First floor bedroom suite perfect for guests. Four more bedrooms on the second level with 4 full baths and powder room. Finished basement offers additional space with playroom and 2 more bedrooms with new bath. Fabulous yard for recreation and entertaining.
Sale Price: $1,365,000
Real Estate Taxes: $35,604
November Market Report and Sales
- Details
- Written by Joanne Wallenstein
- Category: Real Estate
Here's the real estate market report from Associate Real Estate Brokers Laura Miller and Elise Flagg: Sales in November 2014 in Scarsdale were 50% higher than November 2013. There were 15 closings in Scarsdale, versus 10 closings in November 2013. Sales thus far this year total 244 in Scarsdale and at the end of November 2013 only 222 had closed. There are an additional 34 houses in contract at this time that have not closed. Despite the seemingly low inventory, more homes than ever are selling this year.
Edgemont had only 2 closings this November versus 5 in 2013. Sales overall this year in Edgemont, however, were higher than last year. There were 91 closed sales thus far this year and only 86 last year through the end of November. There are an additional 23 properties in contract at this time in Edgemont. Edgemont sales overall are up slightly as well.
It appears that Scarsdale/Edgemont buyers are plentiful and as soon as houses hit the market, if they are priced to show value, they sell quickly giving buyers a sense of urgency to perform immediately and at a robust price in order to get a house in this tight market.
Brokers are confident that the spring market will be a brisk one. Many sellers are waiting to list their homes. They do not want to move until summer once their kids have finished school or they need winter months to de-clutter, organize and make plans to move. As always, this makes spring a popular time to list houses. Many of us have signed listings waiting to hit the market this spring so we are encouraging our buyers to start getting familiar with the market, line up their pre-approval letters and be ready to deal with multiple bidding situations. More listings will be available, but there will be more competition as well.
Scarsdale Since January 2014:
- Up to $1MM: 12 active listings, 56 in contract or sold
- $1MM-$1.5MM range: 13 active listings, 83 in contract or sold
- $1.5-2MM range 10 active listings, 58 in contract or sold
- $2MM-$3MM range: 22 active listings, 51 in contract or sold
- $3MM-$5MM range: 21 active listings, 26 in contract or sold
- $5MM and up: 10 active listings, 6 in contract or sold.
Edgemont Since January 1, 2014
- Up to $1MM: 14 active listings, 49 in contract or sold
- $1MM-$2MM range: 13 active listings, 61 in contract or sold
- $2MM-$3MM range: 3 active listings, 4 in contract or sold
Thinking of moving? We can provide a complimentary market analysis of your home and serve as resource for service providers for de-cluttering your home. Elise Flagg and Laura Miller.
Sales:
40 Sage Terrace: This home was cleared for demolition by the Committee for Historic Preservation on August 19. 2014: Set on a gorgeous level .84 acres sits a lovely cottage streaming with light and filled with charm. Once a carriage house, original beams line the living room ceiling and a custom walnut and slate mantle adorns the fireplace. Large French doors allow the light in and afford views of the stunning perennial gardens. Enjoy the private grounds and 40 foot terrace with Elementary School just across the street. Formerly a barn, the 3-car garage with attic provides additional parking and storage. This property consists of two lots (5-1-57 (.29 acres) and 5-1-58 (.55 acres)) totaling .84 acres. They are being sold together as one package.
Sale Price: $2,525,000
Real estate taxes: $29,518
22 Butler Road: Magnificent stone and brick English Tudor, in the heart of Fox Meadow, on .69 level acres featuring stone walls, large patio, gardens, privacy and tranquility. Possible room for a pool. Rich architectural details, incomparable craftsmanship and hand-crafted windows throughout. Showcasing 7 bedrooms, 5.1 baths, 4 fireplaces, carved plaster moldings and archways, beautiful Oak random width floors and entry gallery with intricate brick floor design. Grand and impressive living room (29' x 20') with 10' ceiling, large leaded glass windows and carved fireplace. Elegant formal dining room (20' x 16') with fireplace, French door to covered porch. Paneled library with fireplace, beamed ceiling. Delightful sunroom opens to patio. Modern kitchen with breakfast room. Sweeping staircase with landing and large leaded glass windows. Dramatic master bedroom suite with Barrel ceiling and fireplace. Ludiwici tile roof. 3 car garage.
Sale Price: $2,425,000
Real Estate Taxes: $44,840
3 Bradford Road: This home was cleared for demolition by the Committee for Historic Preservation: Tudor Revival, complete with a steep pitched slate roof, gables, half timbering, and majestic stone and brick twin chimneys is unlike most Tudors. This house has extensive, multi-paned windows all across the back of the house which floods the inside with natural light. White painted wood floors. Large rooms with a wonderful flow. Pool set in private backyard.
Sale Price: $1,245,000
Real Estate Taxes: $40,210
Featured Listings:
31 Andrea Lane, Scarsdale PO, Edgemont
Beautifully renovated, sleek and sophisticated Edgemont home situated on a park like half-acre property, close to elementary school and commuter bus to train. The gourmet kitchen has custom cabinetry, granite counters, high end stainless appliances and a window seat. The exceptional master suite has a tray ceiling, custom closets and a luxurious master bath. Family room with custom built-ins and gorgeous fireplace leads out to a large patio and gorgeous back yard. This wonderful home is perfect for everyday living and entertaining. Learn more here:
List Price: $1,475,000
40 Walbrooke Road, Scarsdale PO, Edgemont
The American Classic is yours with this often admired classic Colonial in the heart of Old Edgemont, less than ten minute walk to Metro North and schools. Nestled on a knoll with beautiful property and bright spacious rooms, 40 Walbrooke offers all you need for private time, friends and celebrations. Living and dining rooms both with fireplaces and lovely cabinetry, family room with three walls-of-windows, inviting and bright kitchen, five bedrooms that could be 6, gorgeous oak and pine floors, large windows, terrific storage throughout, dreamy private porch, 2-car garage, finished basement, shed/playhouse. Learn more here:
List Price: $1,339,000
