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Q2 2017 REALTY CHECK
VOLUME 13, ISSUE 2
Rye Brokerage16 Elm Place, Rye, NY 10580
# OF HOMES SOLD
AVG. DAYS ON MARKET
AVG. LIST PRICE
AVG. SALE PRICE
AVG. SQFT
AVG. PRICE PER SQFT
7
138
$2,182,857
$2,073,929
5,583
$369.57
22
62
$1,443,159
$1,387,602
3,576
$406.30
8
162
$1,874,250
$1,782,625
4,893
$379.40
10528 10577 10580
4.1.17-6.30.17 4.1.17-6.30.174.1.17-6.30.17 4.1.16-6.30.16 4.1.16-6.30.164.1.16-6.30.16 % CHANGE% CHANGE % CHANGE
2
28
$2,995,000
$2,925,000
6,566
$443.01
24
121
$1,512,829
$1,436,250
4,172
$348.90
6
125
$1,371,833
$1,297,833
3,183
$407.62
250.0%
392.9%
-27.1%
-29.1%
-15.0%
-16.6%
-8.3%
-48.8%
-4.6%
-3.4%
-14.3%
16.5%
33.3%
29.6%
36.6%
37.4%
53.7%
-6.9%
Q2 2017 | Single Family Sales in Harrison/Purchase
Q2 2017 | HL Luxury Market Snapshot
Joan O’Meara & Team: Joan, Tom, Katie, and Mary
Joan O’MearaAssociate Real Estate BrokerHoulihan Lawrence Rye BrokerageM: 914.329.5329 | O: 914.967.7680 x [email protected] | joanomeara.com
#1 Agent in RyeIN 2011, 2012, 2014, 2015, 2016
REAL Trends “The Thousand”IN 2013, 2014, 2015, 2017 (Top 250 in US - Sales Volume)
• Luxury homes sales in Westchester County $2M+ showed double-digit gains in Q2 and year-to-date.
• Westchester County luxury homes sales from $3M to $4.9M increased nearly 50%.
• The median sale price of luxury homes ($2M+) in Harrison reached $2,500,000.
Source: HGMLS single family homes sold in Harrison and Purchase in 10528, 10577, 10580, from 4.1.17-6.30.17 vs. 4.1.16-6.30.16. Number One Agent 2011, 2012, 2014, 2015, 2016 full yrs total volume sold in Rye City School District. Information deemed accurate but not guaranteed. Please disregard if you are working with another broker.
Written by C. Anderson, Contributed by Joan O’Meara, excerpts from Inman, April 2017
Zillow has become increasingly visible in today’s real estate marketplace. Yet as Joan O’Meara, Associate Real Estate Broker with Houlihan Lawrence’s Rye and Harrison office informs, “In order to make a full evaluation including Zillow alongside traditional realtors, Sellers and Buyers must fully understand how its listing prices or ‘Zestimates’ are created.”
Zillow uses a value calculation mechanism yielding prices that are low or high since the home’s condition and/or any upgrades may be excluded. It also doesn’t fall under the governing body of the MLS, which identifies recent area sales. So even when Buyers look at Zillow estimates, it is important to rely on local experts to advise on accuracy before any purchase decision is made. A glimpse at some of the key questions Sellers need to ask.
HAVE YOU CLAIMED YOUR HOUSE ON ZILLOW? Zestimate data comes from primary sources like the assessor’s office. If an owner has not claimed the home, Zillow’s knowledge of the property may be missing current data – increasing the potential for inaccuracy.
HAS ZILLOW BEEN INSIDE YOUR HOUSE? There’s a reason appraisers visit properties. O’Meara tours a home, calculates local comps, and has up-to-the minute research and market knowledge. Zillow does no touring and updated info is unlikely. O’Meara explains, “An experienced agent can put a value on what sells today from a location and overall feel. Zillow cannot offer that intangible nuance.”
WHAT DO THE BUYERS, NOT ZILLOW, THINK? O’Meara believes value comes down to what a Buyer thinks the house is worth. Unfortunately, Zillow can confuse a Seller or Buyer who may not realize how the numbers are compiled.
CAN THE INTERNET BE THE FIRST STEP? Internet driven Zestimates can be used as a starting point for the potential pricing of a property. Layering in tools and expertise of a locally-based realtor will give the Seller the best foot forward with a price that matches what a Buyer will pay today.
WHY DOESN’T THE ZESTIMATE ALIGN WITH THE REALTORS’ PRICES? Talking to an agent to find out why the numbers are out of alignment will give Sellers the opportunity to engage with the realtor and find out more.
Joan O’Meara’s advice remains the same. Going with the highest list price can lead you down a bumpy path. By partnering with the right agent and team, Sellers benefit from marketing know-how to gain maximum property exposure, while integrating relevant market knowledge on pricing/negotiating. This yields a smooth, successful transaction -- with the best price in the shortest amount of time.
For the full article with all 10 questions, please visit www.joanomeara.com - Real Estate News.
Understanding a “Zestimate” in Today’s Competitive Marketplace | Joan O’Meara Weighs in on 10 Key Questions Sellers Need to Ask
Q2 2017 REALTY CHECK
VOLUME 13, ISSUE 2
Rye Brokerage16 Elm Place, Rye, NY 10580
# OF HOMES SOLD
AVG. DAYS ON MARKET
AVG. LIST PRICE
AVG. SALE PRICE
AVG. SQFT
AVG. PRICE PER SQFT
7
138
$2,182,857
$2,073,929
5,583
$369.57
22
62
$1,443,159
$1,387,602
3,576
$406.30
8
162
$1,874,250
$1,782,625
4,893
$379.40
10528 10577 10580
4.1.17-6.30.17 4.1.17-6.30.174.1.17-6.30.17 4.1.16-6.30.16 4.1.16-6.30.164.1.16-6.30.16 % CHANGE% CHANGE % CHANGE
2
28
$2,995,000
$2,925,000
6,566
$443.01
24
121
$1,512,829
$1,436,250
4,172
$348.90
6
125
$1,371,833
$1,297,833
3,183
$407.62
250.0%
392.9%
-27.1%
-29.1%
-15.0%
-16.6%
-8.3%
-48.8%
-4.6%
-3.4%
-14.3%
16.5%
33.3%
29.6%
36.6%
37.4%
53.7%
-6.9%
Q2 2017 | Single Family Sales in Harrison/Purchase
Q2 2017 | HL Luxury Market Snapshot
Joan O’Meara & Team: Joan, Tom, Katie, and Mary
Joan O’MearaAssociate Real Estate BrokerHoulihan Lawrence Rye BrokerageM: 914.329.5329 | O: 914.967.7680 x [email protected] | joanomeara.com
#1 Agent in RyeIN 2011, 2012, 2014, 2015, 2016
REAL Trends “The Thousand”IN 2013, 2014, 2015, 2017 (Top 250 in US - Sales Volume)
• Luxury homes sales in Westchester County $2M+ showed double-digit gains in Q2 and year-to-date.
• Westchester County luxury homes sales from $3M to $4.9M increased nearly 50%.
• The median sale price of luxury homes ($2M+) in Harrison reached $2,500,000.
Source: HGMLS single family homes sold in Harrison and Purchase in 10528, 10577, 10580, from 4.1.17-6.30.17 vs. 4.1.16-6.30.16. Number One Agent 2011, 2012, 2014, 2015, 2016 full yrs total volume sold in Rye City School District. Information deemed accurate but not guaranteed. Please disregard if you are working with another broker.
Written by C. Anderson, Contributed by Joan O’Meara, excerpts from Inman, April 2017
Zillow has become increasingly visible in today’s real estate marketplace. Yet as Joan O’Meara, Associate Real Estate Broker with Houlihan Lawrence’s Rye and Harrison office informs, “In order to make a full evaluation including Zillow alongside traditional realtors, Sellers and Buyers must fully understand how its listing prices or ‘Zestimates’ are created.”
Zillow uses a value calculation mechanism yielding prices that are low or high since the home’s condition and/or any upgrades may be excluded. It also doesn’t fall under the governing body of the MLS, which identifies recent area sales. So even when Buyers look at Zillow estimates, it is important to rely on local experts to advise on accuracy before any purchase decision is made. A glimpse at some of the key questions Sellers need to ask.
HAVE YOU CLAIMED YOUR HOUSE ON ZILLOW? Zestimate data comes from primary sources like the assessor’s office. If an owner has not claimed the home, Zillow’s knowledge of the property may be missing current data – increasing the potential for inaccuracy.
HAS ZILLOW BEEN INSIDE YOUR HOUSE? There’s a reason appraisers visit properties. O’Meara tours a home, calculates local comps, and has up-to-the minute research and market knowledge. Zillow does no touring and updated info is unlikely. O’Meara explains, “An experienced agent can put a value on what sells today from a location and overall feel. Zillow cannot offer that intangible nuance.”
WHAT DO THE BUYERS, NOT ZILLOW, THINK? O’Meara believes value comes down to what a Buyer thinks the house is worth. Unfortunately, Zillow can confuse a Seller or Buyer who may not realize how the numbers are compiled.
CAN THE INTERNET BE THE FIRST STEP? Internet driven Zestimates can be used as a starting point for the potential pricing of a property. Layering in tools and expertise of a locally-based realtor will give the Seller the best foot forward with a price that matches what a Buyer will pay today.
WHY DOESN’T THE ZESTIMATE ALIGN WITH THE REALTORS’ PRICES? Talking to an agent to find out why the numbers are out of alignment will give Sellers the opportunity to engage with the realtor and find out more.
Joan O’Meara’s advice remains the same. Going with the highest list price can lead you down a bumpy path. By partnering with the right agent and team, Sellers benefit from marketing know-how to gain maximum property exposure, while integrating relevant market knowledge on pricing/negotiating. This yields a smooth, successful transaction -- with the best price in the shortest amount of time.
For the full article with all 10 questions, please visit www.joanomeara.com - Real Estate News.
Understanding a “Zestimate” in Today’s Competitive Marketplace | Joan O’Meara Weighs in on 10 Key Questions Sellers Need to Ask
ON THE MARKET
14 Lake Road, Rye | $3,575,000 | Webcode AD1381365Enviably perched high on the bank of Van Amringe Pond to take full advantage of incredible water views and sunsets, this English-style residence has been meticulously renovated.
ON THE MARKET15 Sky Meadow Farm, Purchase | $2,975,000 Webcode AD1406488
ON THE MARKET287 Rye Beach, Rye | $1,685,000 Webcode AD1409884
ON
TH
E M
AR
KE
TIN
CO
NT
RA
CT
SO
LD
76 Oakland Avenue73 Duxbury Road1 Adelphi Avenue27 Brookside Lane31 Highfield Road15 Ponds Lane1 Genesee Trail93 Taylor Lane1 Indian Trail4 Oakmont Drive107 Sunnyridge RoadNorth 9 Canterbury Road7 Ophir Drive34 Seville Avenue18 Winfield Avenue4 Boxwood Lane11 Knightsbridge Manor Road48 Biltmore Avenue66 Muchmore Road8 Pheasants Run16 Convent Lane20 Knightsbridge Manor 6 Lakeside Drive15 Sky Meadow Farm 6 Katsura Drive63 Woodlands Road11 Flagler Drive132 Lincoln Avenue111 Bellevue Avenue46 Biltmore Avenue17 Orchard Drive121 Rye Ridge Road17 Boxwood Lane57 Rye Ridge Road8 Flagler Drive1 Laurel Wood Court
Address
107 Union Avenue15 Greenway Road242 Sunny Ridge Road453 Sterling Road538 Harrison Avenue3 Stonegate Lane8 Rolling Hills Lane4 Pineview Circle
72 Oakland Avenue178 Old Lyme Road74 Woodlands Road131 Oakland Avenue4 The Crossing 10 Pheasant Drive28 Fenimore Drive345 West StreetNorth 22 Braxmar Drive37 Winfield Avenue65 South Road4 Laurel Way14 Mount Holly Drive27 Archer Road30 Bates Road26 Bates Road8 Boxwood Lane1 Puritan Road17 Linden Drive
1575231130263015250339053682383756614112420051875347393367504256750061176900677466617839591579371000075547350952250785239900095006944985291531295216764
SqFt
31423766347740054127530057858091
1600154840003054367234263000349630684911375074714190528945004500689975009644
4/3.03/2.14/3.14/2.23/2.14/3.16/3.15/4.16/4.15/3.15/4.15/4.16/4.16/4.15/4.15/4.26/6.16/5.15/4.26/5.17/6.26/7.15/5.16/8.16/6.16/5.16/6.16/6.35/4.25/5.16/7.15/6.26/5.26/6.16/6.17/8.27/9.5
Bd/Bth
6/3.15/3.14/3.15/5.14/3.15/4.15/5.17/8.1
4/2.04/2.14/3.14/3.04/3.13/3.13/2.25/4.15/3.16/6.24/3.16/6.14/4.15/4.25/4.15/4.15/5.27/7.19/8.2
$649,000$750,000$799,000$1,075,000$1,085,000$1,099,000$1,195,000$1,329,000$1,399,000$1,475,000$1,499,000$1,750,000$1,949,999$2,295,000$2,395,000$2,550,000$2,675,000$2,690,000$2,749,000$2,750,000$2,795,000$2,872,000$2,895,000$2,975,000$2,985,000$3,195,000$3,300,000$3,350,000$3,425,000$3,795,000$3,850,000$3,995,000$3,999,000$4,750,000$4,800,000$5,995,000$10,950,000
Price
$939,000$1,475,000$1,699,000$1,795,000$1,950,000$2,195,000$2,495,000$2,895,000
$599,999$669,000$1,095,000$1,150,000$1,150,000$1,195,000$1,225,000$1,349,000$1,495,000$1,550,000$1,595,000$2,195,000$2,300,000$2,540,000$2,650,000$2,695,000$2,750,000$3,395,000$4,295,000
Mike Lubin feels that the NYC market remains strong even after a slight
slowdown in 2016. The most active segment of the market across the
board is the sub $3 million category.
Records were set for the average and median apartment prices in the
second quarter, as the luxury market rebounded from a sluggish 2016.
Closings over $5 million were 41% higher than a year ago, as the pent-up
demand for these apartments was released after the presidential election.
Overall, the market saw 23% more sales than in 2016’s second quarter,
with 2,601 reported closings.
The average apartment price of $2,179,172 was 6% higher than a year ago,
while the median price rose 10% to $1,205,000. The real strength of the
market was resale apartments, as their average price rose to $1,686,224, a
9% improvement from the first quarter of 2017. While down from previous
quarter the average new development price remained above $4 million for
the fourth straight quarter.
The luxury market stalled last year, as buyers were held back by the
uncertainty of Brexit and the U.S. presidential election. But after the
election in November, buyers returned to the market leading to a sharp
pickup in closings in the second quarter.
Contact Mike Lubin for all of your New York City needs via the Joan
O’Meara Team for all assistance and guidance in purchasing and selling
Manhattan and Brooklyn real estate.
Source: Brown Harris Stevens 2017 Manhattan Residential Market Report Second Quarter.
NYC Spotlight Q2 Harrison/Purchase Samplings |Houlihan Lawrence
Source: HGMLS Harrison and Purchase single-family in 10580, 10577, 10528: active as of 7.17.17; in contract and sold, 4.1.17-6.30.17.
Most Expensive, Largest, Oldest, Most Property - 1922
$4,295,000 lp | 9,644 sqft | 9 BR & 8.2 BTH | 3.71 acres
Smallest
$550,000 list price | 831 sqft | 3 BR & 1.0 BTH
Quickest to Contract - 7 DAYS
$1,349,000 list price | 3,496 sqft | 5 BR & 4.0 BTH
Most Expensive & Largest
$10,950,000 list price | 16,764 sqft | 7 BR & 8.5 BTH
Most Property - 11.18 ACRES
$2,795,000 list price | 6,661 sqft | 7 BR & 6.2 BTH
Smallest
$550,000 list price | 946 sqft | 2 BR & 1.0 BTH
Fun Facts
SO
LDS
OLD
SO
LDA
CT
IVE
AC
TIV
EA
CT
IVE
Q2 2017 Team Properties | 42 Sales in 2016
As temperatures climb, many of us are taking advantage of the wonderful beaches and plentiful summer activities of Rye and Harrison. Across the three Harrison school districts, the number of homes sold in 2Q 2017 climbed for 10580 from 2 in 2Q 2016 to 7, and for 10577 from 6 in 2Q 2016 to 8 in 2Q 2017 – while 10528 dipped from 2Q 2016’s 24 to 22 in 2Q 2017. Average Sold Price in 10528 dropped 3.4% in 2Q from one year ago to $1,387,602, while Average Price per Square Foot rose 16.5% from $348.90 in 2Q 2016 to $406.30 in 2Q 2017. 10577 saw a 37.4% jump in Average Sold Price to $1,782,625 from 2Q one year ago, as well as a 53.7% increase in home size from 3,183 to 4,893 in 2Q 2017 due to three 7,000+ Square Foot homes selling. For 10580, both Average Sold Price and Average Price per Square Foot dropped for 2Q 2017 vs 2Q 2016: 29% to $2,073,929 and 16.6% to $369.57.
When pricing your home for sale, it’s important to understand today’s competitive marketplace and how Zillow’s Zestimates fit in. See Understanding a “Zestimate” in Today’s Competitive Marketplace for the 10 Key Questions Sellers Need To Ask. As always, feel free to contact me with any real estate questions or for a complimentary market analysis of your home.
Enjoy your summer,
“Joan is knowledgeable, professional, enthusiastic and available. She and her team have helped us buy and sell many homes over the years, always protecting our best interest and negotiating the best possible terms for us. Joan’s advice is direct, sound and genuine. We’ve recommended her to many family and friends. And will continue to do so. Joan O’Meara sets the standard that most realtors seek to live up to. ” - Client
Testimonial
Dear Neighbors
Joan O'Meara
60 Beverly Drive, Rye | $6,700 | Webcode AD1412544
38 Lasalle Avenue, Rye | $8,800 | Webcode AD1395029
28 Burdsall Drive, Port Chester | $579,000
62 Waters Edge, Rye | $795,000
32 Orchard Avenue, Rye | $955,000
41 Colby Avenue, Rye | $1,659,000
45 Walker Avenue, Rye | $1,899,000
14 Pine Lane, Rye | $2,150,000
24 Guelisten Place, Rye | $2,925,000
8 White Birch Drive, Rye | $3,595,000
43 Halsted Place, Rye | $4,100,000 | (Not in MLS)
720 Milton Road N1C, Rye | $425,000
66 Milton Road F41, Rye | $475,000
2 Adelaide Street, Rye | $950,000
78 Orchard Avenue, Rye | $975,000
131 Oakland Ave, Harrison | $1,150,000
17 Fairlawn Street, Rye | $1,249,000
330 Milton Road, Rye | $1,295,000
345 West Street, Harrison | $1,349,000
20 Hunt Place, Rye | $1,395,000
350 Rye Beach Avenue, Rye | $1,475,000
62 Greenhaven Road, Rye | $2,199,000
55 Hewlett Avenue, Rye | $2,495,000
22 Brown Place, Harrison | $3,700
80 Elmwood Avenue, Rye | $10,250
66 Apawamis Avenue, Rye | $11,700
24 Locust Lane, Rye | $11,975
ON THE MARKET
IN CONTRACT
SOLD SOLD
RENTED
*As of 7.17.2017. All prices are list prices.
ON THE MARKET
14 Lake Road, Rye | $3,575,000 | Webcode AD1381365Enviably perched high on the bank of Van Amringe Pond to take full advantage of incredible water views and sunsets, this English-style residence has been meticulously renovated.
ON THE MARKET15 Sky Meadow Farm, Purchase | $2,975,000 Webcode AD1406488
ON THE MARKET287 Rye Beach, Rye | $1,685,000 Webcode AD1409884
ON
TH
E M
AR
KE
TIN
CO
NT
RA
CT
SO
LD
76 Oakland Avenue73 Duxbury Road1 Adelphi Avenue27 Brookside Lane31 Highfield Road15 Ponds Lane1 Genesee Trail93 Taylor Lane1 Indian Trail4 Oakmont Drive107 Sunnyridge RoadNorth 9 Canterbury Road7 Ophir Drive34 Seville Avenue18 Winfield Avenue4 Boxwood Lane11 Knightsbridge Manor Road48 Biltmore Avenue66 Muchmore Road8 Pheasants Run16 Convent Lane20 Knightsbridge Manor 6 Lakeside Drive15 Sky Meadow Farm 6 Katsura Drive63 Woodlands Road11 Flagler Drive132 Lincoln Avenue111 Bellevue Avenue46 Biltmore Avenue17 Orchard Drive121 Rye Ridge Road17 Boxwood Lane57 Rye Ridge Road8 Flagler Drive1 Laurel Wood Court
Address
107 Union Avenue15 Greenway Road242 Sunny Ridge Road453 Sterling Road538 Harrison Avenue3 Stonegate Lane8 Rolling Hills Lane4 Pineview Circle
72 Oakland Avenue178 Old Lyme Road74 Woodlands Road131 Oakland Avenue4 The Crossing 10 Pheasant Drive28 Fenimore Drive345 West StreetNorth 22 Braxmar Drive37 Winfield Avenue65 South Road4 Laurel Way14 Mount Holly Drive27 Archer Road30 Bates Road26 Bates Road8 Boxwood Lane1 Puritan Road17 Linden Drive
1575231130263015250339053682383756614112420051875347393367504256750061176900677466617839591579371000075547350952250785239900095006944985291531295216764
SqFt
31423766347740054127530057858091
1600154840003054367234263000349630684911375074714190528945004500689975009644
4/3.03/2.14/3.14/2.23/2.14/3.16/3.15/4.16/4.15/3.15/4.15/4.16/4.16/4.15/4.15/4.26/6.16/5.15/4.26/5.17/6.26/7.15/5.16/8.16/6.16/5.16/6.16/6.35/4.25/5.16/7.15/6.26/5.26/6.16/6.17/8.27/9.5
Bd/Bth
6/3.15/3.14/3.15/5.14/3.15/4.15/5.17/8.1
4/2.04/2.14/3.14/3.04/3.13/3.13/2.25/4.15/3.16/6.24/3.16/6.14/4.15/4.25/4.15/4.15/5.27/7.19/8.2
$649,000$750,000$799,000$1,075,000$1,085,000$1,099,000$1,195,000$1,329,000$1,399,000$1,475,000$1,499,000$1,750,000$1,949,999$2,295,000$2,395,000$2,550,000$2,675,000$2,690,000$2,749,000$2,750,000$2,795,000$2,872,000$2,895,000$2,975,000$2,985,000$3,195,000$3,300,000$3,350,000$3,425,000$3,795,000$3,850,000$3,995,000$3,999,000$4,750,000$4,800,000$5,995,000$10,950,000
Price
$939,000$1,475,000$1,699,000$1,795,000$1,950,000$2,195,000$2,495,000$2,895,000
$599,999$669,000$1,095,000$1,150,000$1,150,000$1,195,000$1,225,000$1,349,000$1,495,000$1,550,000$1,595,000$2,195,000$2,300,000$2,540,000$2,650,000$2,695,000$2,750,000$3,395,000$4,295,000
Mike Lubin feels that the NYC market remains strong even after a slight
slowdown in 2016. The most active segment of the market across the
board is the sub $3 million category.
Records were set for the average and median apartment prices in the
second quarter, as the luxury market rebounded from a sluggish 2016.
Closings over $5 million were 41% higher than a year ago, as the pent-up
demand for these apartments was released after the presidential election.
Overall, the market saw 23% more sales than in 2016’s second quarter,
with 2,601 reported closings.
The average apartment price of $2,179,172 was 6% higher than a year ago,
while the median price rose 10% to $1,205,000. The real strength of the
market was resale apartments, as their average price rose to $1,686,224, a
9% improvement from the first quarter of 2017. While down from previous
quarter the average new development price remained above $4 million for
the fourth straight quarter.
The luxury market stalled last year, as buyers were held back by the
uncertainty of Brexit and the U.S. presidential election. But after the
election in November, buyers returned to the market leading to a sharp
pickup in closings in the second quarter.
Contact Mike Lubin for all of your New York City needs via the Joan
O’Meara Team for all assistance and guidance in purchasing and selling
Manhattan and Brooklyn real estate.
Source: Brown Harris Stevens 2017 Manhattan Residential Market Report Second Quarter.
NYC Spotlight Q2 Harrison/Purchase Samplings |Houlihan Lawrence
Source: HGMLS Harrison and Purchase single-family in 10580, 10577, 10528: active as of 7.17.17; in contract and sold, 4.1.17-6.30.17.
Most Expensive, Largest, Oldest, Most Property - 1922
$4,295,000 lp | 9,644 sqft | 9 BR & 8.2 BTH | 3.71 acres
Smallest
$550,000 list price | 831 sqft | 3 BR & 1.0 BTH
Quickest to Contract - 7 DAYS
$1,349,000 list price | 3,496 sqft | 5 BR & 4.0 BTH
Most Expensive & Largest
$10,950,000 list price | 16,764 sqft | 7 BR & 8.5 BTH
Most Property - 11.18 ACRES
$2,795,000 list price | 6,661 sqft | 7 BR & 6.2 BTH
Smallest
$550,000 list price | 946 sqft | 2 BR & 1.0 BTH
Fun Facts
SO
LDS
OLD
SO
LDA
CT
IVE
AC
TIV
EA
CT
IVE
Q2 2017 Team Properties | 42 Sales in 2016
As temperatures climb, many of us are taking advantage of the wonderful beaches and plentiful summer activities of Rye and Harrison. Across the three Harrison school districts, the number of homes sold in 2Q 2017 climbed for 10580 from 2 in 2Q 2016 to 7, and for 10577 from 6 in 2Q 2016 to 8 in 2Q 2017 – while 10528 dipped from 2Q 2016’s 24 to 22 in 2Q 2017. Average Sold Price in 10528 dropped 3.4% in 2Q from one year ago to $1,387,602, while Average Price per Square Foot rose 16.5% from $348.90 in 2Q 2016 to $406.30 in 2Q 2017. 10577 saw a 37.4% jump in Average Sold Price to $1,782,625 from 2Q one year ago, as well as a 53.7% increase in home size from 3,183 to 4,893 in 2Q 2017 due to three 7,000+ Square Foot homes selling. For 10580, both Average Sold Price and Average Price per Square Foot dropped for 2Q 2017 vs 2Q 2016: 29% to $2,073,929 and 16.6% to $369.57.
When pricing your home for sale, it’s important to understand today’s competitive marketplace and how Zillow’s Zestimates fit in. See Understanding a “Zestimate” in Today’s Competitive Marketplace for the 10 Key Questions Sellers Need To Ask. As always, feel free to contact me with any real estate questions or for a complimentary market analysis of your home.
Enjoy your summer,
“Joan is knowledgeable, professional, enthusiastic and available. She and her team have helped us buy and sell many homes over the years, always protecting our best interest and negotiating the best possible terms for us. Joan’s advice is direct, sound and genuine. We’ve recommended her to many family and friends. And will continue to do so. Joan O’Meara sets the standard that most realtors seek to live up to. ” - Client
Testimonial
Dear Neighbors
Joan O'Meara
60 Beverly Drive, Rye | $6,700 | Webcode AD1412544
38 Lasalle Avenue, Rye | $8,800 | Webcode AD1395029
28 Burdsall Drive, Port Chester | $579,000
62 Waters Edge, Rye | $795,000
32 Orchard Avenue, Rye | $955,000
41 Colby Avenue, Rye | $1,659,000
45 Walker Avenue, Rye | $1,899,000
14 Pine Lane, Rye | $2,150,000
24 Guelisten Place, Rye | $2,925,000
8 White Birch Drive, Rye | $3,595,000
43 Halsted Place, Rye | $4,100,000 | (Not in MLS)
720 Milton Road N1C, Rye | $425,000
66 Milton Road F41, Rye | $475,000
2 Adelaide Street, Rye | $950,000
78 Orchard Avenue, Rye | $975,000
131 Oakland Ave, Harrison | $1,150,000
17 Fairlawn Street, Rye | $1,249,000
330 Milton Road, Rye | $1,295,000
345 West Street, Harrison | $1,349,000
20 Hunt Place, Rye | $1,395,000
350 Rye Beach Avenue, Rye | $1,475,000
62 Greenhaven Road, Rye | $2,199,000
55 Hewlett Avenue, Rye | $2,495,000
22 Brown Place, Harrison | $3,700
80 Elmwood Avenue, Rye | $10,250
66 Apawamis Avenue, Rye | $11,700
24 Locust Lane, Rye | $11,975
ON THE MARKET
IN CONTRACT
SOLD SOLD
RENTED
*As of 7.17.2017. All prices are list prices.
