Tuesday, Dec 24th

Recent Sales and Seller Safety

lockbox.jpgWhen you list your home, the goal of your real estate agent is to get the maximum number of qualified potential buyers to view your home. Of course, not at the expense of safety! That is why most brokers in Scarsdale are using Electronic Lockboxes. Unlike mechanical lockboxes, electronic lockboxes require a user-specific access card only available to real estate professionals who are members of the Westchester Putnam MLS to access the keys inside. Use of the card allows the lockbox to record the identity of the person accessing the box for every visit. Each card user has their own personal code they must use each time they insert their card to allow access to the lockbox. This prevents the finder of a lost card from using a lockbox to enter a home. Cardholders must recharge their card every three days. When a card is recharged, data is transmitted to a central database and can be accessed by the listing office. Using an electronic lockbox allows a listing agent to make it convenient for all agents to show your home to prospective buyers, thereby maximizing the number of showings while maintaining a detailed account of everyone who has used the key stored in the lockbox.

Market Update:

Currently, there are 136 active listings in the Scarsdale School District. There are 73 listings under contract. 27 of them are in the $1,000,000 to $1,500,000 range. Many of these houses sold with multiple bids. There is high demand for houses ranging from $700,000 through $5,000,000. It is a great time to sell. Interest rates remain relatively low for buyers. Capital gains tax has not been increased this year for long time owners looking to sell. Unlike the national real estate market, the Scarsdale market is thriving and you can feel secure knowing that if you do decide to sell your home, it can be safely shown.

soldproperties

Recent Home Sales:

3fairviewcourt3 Fairview Court: Windmill Acres: Stunning stone and clapboard Colonial on private cul-de-sac in the Grange. Incomparable craftsmanship with meticulous attention to architectural design and detail. Spectacular crown moldings, 9' ceilings, beautiful hardwood floors, six bedrooms, 4 1/2 baths, Elegant master bedroom suite with balcony, Chef's kitchen and family room with doors to deck. Fabulous third floor option. Basement with 10' ceilings, playroom, media room, exercise room, bedroom with bath, storage and utilities.

List Price: $2,875,000
Sale Price $2,730,000
Taxes: TBD

88pophamroad88 Popham Road: Classic Colonial with French Normandy flair tucked behind high, hand-crafted masonry walls on almost one-half acre in a convenient Fox Meadow/Crane-Berkley location. Grand room sizes and wonderful flow for comfortable living and entertaining. Extra-long windows invite sunlight. Kitchen adjacent to first floor family room with fireplace and sliding doors to the stone terrace and large, flat backyard. Mud room. Closets and storage galore.

List Price: $1,295,000
Sale Price: $1,309,000
Real Estate Taxes: $35,975

17innesroad17 Innes Road: Custom built center hall Colonial on flat half acre with pool in the heart of Heathcote. Spacious rooms, oversized living room with fireplace, dining room and top of the line gourmet kitchen. Family room with stone fireplace, family room and first floor bedroom. Five bedrooms, three and a half baths. Full unfinished basement.

List Price: $1,599,000
Sale Price: $1,515,000
Real Estate Taxes: $35,500

This information is provided by Laura Miller of Houlihan Lawrence, Scarsdale.

Laura S. Millerlauramiller
Licensed Associate Broker
Houlihan Lawrence
Cell 914 629 1940
lmiller@houlihanlawrence.com
www.lauramiller.houlihanlawrence.com