Strong Third Quarter Home Sales for Edgemont and Scarsdale

Real estate sales statistics for the third quarter are in -- and the Scardale market is looking good. When looking at home sales for the third quarter, it’s no surprise why the Scarsdale school district had to hire several new teachers to staff elementary schools this summer – as school enrollment for 2012-2013 outpaced the demographer’s projections.

Sales data provided by Houlihan Lawrence shows that in the third quarter of 2012, Scarsdale home sales rose to 90 homes which is a 10% increase over third quarter sales of 82 homes in 2011. At the end of the third quarter, the number of total homes sold year-to-date was 178, in comparison to 173 at this time last year. And the good news for those who already live here is that the median price rose as well. Of the homes sold in the third quarter, the median price was $1,330,000 as compared to $1,203,750 in 2011, an 11% increase over last year. Year to date, the median price has increased modestly from $1,300,000 at this time in 2011 to $1,325,000 in 2012.

Edgemont saw a dramatic increase in third quarter sales, jumping 62% from 21 homes in the third quarter of 2011 to 34 homes old in the third quarter of 2012. Year to date, Edgemont home sales are up a whopping 110% over 2011, with 82 homes sold this year as opposed to 39 last year. The median price, year-to-date, of a home in Edgemont also increased slightly, from $925,000 in 2011 to $941,000 this year.

31 Stratton Road:(Pictured above) Sparkling Colonial on a level half acre with a sought after open floor plan. Beautifully maintained inside and out with exquisite taste. Unique versatile space. Fine architectural detailing. Special features include a flexible 35' living/dining room, a stunning family room and a 49' deck across the back of the house which wraps around to the breakfast room doors. Lovely gardens. Pool possibility.

Sale Price: $1,475,000
Real Estate Taxes: $30,491

11 Eastwoods Lane: Inviting center hall nestled in Edgewood offers preferred layout with beautiful kitchen overlooking private patio and gardens. Kitchen features granite counter tops, top appliances, quality cabinets and adjoining sky lit family room with access to wrap around screened porch and yard. Master with marble bath,4 family bedrooms, 2 hall baths, finished lower level play room; Hardwood floors, Baldwin hardware, interior French doors with beveled glass, wired for generator.

Sale Price: $1,345,000
Real Estate Taxes: $28,259

38 Lawrence Road: Wonderful center hall Tudor that has been meticulously maintained and renovated with an attention to details. This home features beautiful hardwood floors throughout, custom lighting, a chef's kitchen with an open floor plan to family room and backyard. The second floor features a master bedroom with bathroom and 3 more bedrooms and a hall bathroom. Plenty of expansion potential on both sides. The finished basement offers more play area and great storage.

Sale Price: $1,187,500
Real Estate Taxes: $23,121

5 Penny Lane: Fabulous center hall Colonial with spacious rooms and great flow for entertaining. Family room with fireplace off kitchen. Sliders to lovely and private yard from kitchen and family room. Hardwood floors throughout. Central air. Additional 300 square foot play room on first floor. Finished basement. Manicured property on quiet street.

Sale Price: $945,000
Real Estate Taxes: $29,420

31 Bretton Road: Elegant Old Edgemont wood and stucco Normandy Tudor with Ludivicci tile roof. Custom gourmet kitchen with granite counters and wine cooler. Beautifully updated and immaculate. Potential to add master bath. Charming family room adjoining patio.

Sale Price: $916,250
Real Estate Taxes: $24,807

1 Thomas Lane: Lovely well kept home in Edgemont school district. The home features a spacious living room with stonewall fireplace, dining room and family room with door out to 2 level deck and beautiful property. Great space for entertaining. Extra 260 square feet in playroom level/door out to yard, and possible fourth bedroom or office. Terrific location.

Sale Price: $727,000
Real Estate Taxes: $26,753

364 Heathcote Road: pretty and charm filled Tudor home offers 4 family bedrooms plus office and living room with fireplace and large formal dining room. This wonderfully located home needs restoration. Great value for Heathcote.

Sale Price: $662,500
Real Estate Taxes: $16,362

Featured Listing: 80 Pryer Terrace, New Rochelle
Fabulous home with soaring ceilings and fine architectural detailing. Great space for family living and entertaining. Spacious eat-in Kitchen with granite counters, Viking Oven, Viking refrigerator, wine refrigerator with an adjacent large dining area and family room. Master bedroom with sitting room and 4 family bedrooms on second floor. Three fireplaces. Walk to schools and Houses of Worship. Learn more here :
List Price: $1,499,999


Featured Listing: 4 Chalford Lane, Scardale
Great multi-level split with 9' ceilings on first floor, front to back living room with fireplace with hi hats and large windows, dining room with tray ceiling/door to patio, modern chef's kitchen with breakfast area/dr to patio. Lots of windows with views of lovely l/3 acre level landscaped property. Down to family room with fireplace, opening to office/powder room with doors to rear yard and garage. Additional 1,100 square feet in sub-level: bedroom/exercise room, bath, library, play area, pantry, ldry, utilities/storage. This home affords privacy for everyone! Learn more here:
List Price: $1,499,000