Real Estate Stats: Sales Up 100% in Edgemont in 2012 Plus Sales

The 2012 real estate sales statistics are in with comprehensive reports on the market issued by Julia B. Fee Sotheby's and Houlihan Lawrence this week. The headliner is that the number of homes sold in Edgemont doubled in 2012 going from 49 sales in 2011 to 98 in 2012, a 100% increase. This was Edgemont's best sales year in the last five, with 2010 sales at 62 homes. However this increase was marked by a slight decrease in the median price which fell 2% from $925,000 in 2011 to $908,125 in 2012. However, that's up from $875,000 in 2009.

It was also a good year in Scarsdale, where the number of homes sold in 2012 hit a five-year high. In 2012 there were 226 sales, up 10% from 205 in 2011.

Scarsdale saw a median price increase to $1,325,000, up 8% from a median price of $1,225,000 in 2011 and a strong gain over the median price of $1,200,000 in 2010. Prices in Scarsdale are still not back up to the 2007 median price of $1,425,000, but they appear to be on the way.

Overall in Westchester, home sales rose to 4,473 units at an average sale price of $800,708 compared to 3,842 units at an average sale price of $814,240 in 2011. Though the number of sales was up by 16.4% there was a slight 1.7% dip in the average price.

Sales:
300 Glendale Road: Stone Ranch situated on private flat, sunny half-acre. Easy one level living features 4 bedrooms, 3.5 baths, large spacious living room with fireplace, formal dining room, eat in kitchen, den/office, three season room with sliding glass doors to patio.

Sale Price: $871,000
Real Estate Taxes: $36,954

17 Hillburn Road: Large bright classic center hall Colonial on a cul de sac. Privacy and space at a great price. Office off master bedroom and hallway can be used as a fourth bedroom. Third floor has two rooms and a bath.

Sale Price: $611,000
Real Estate Taxes: $26,794

227 Glendale Road: Charming traditional center hall Colonial located on a quiet street in Edgemont. Beautifully updated and maintained, it includes kitchen with granite counters, adjoining light-filled breakfast room, and a bonus three season glass enclosed porch level property with patio overlooking picturesque flowering plants, trees and a beautiful stonewall.

Sale Price: $765,000
Real Estate: $23,385


Featured Listing: 258 Fox Meadow Road
Elegant Collet Colonial in Fox Meadow includes renovated eat in kitchen and master bath with steam shower, beautiful architectural details and quality craftsmanship, arched doorways, millwork and built-ins, hardwood floors and generously proportioned bedrooms. Privately set, level .33 acre with stone patio and screened porch. Square footage includes finished playroom. Learn more here.

List Price: $1,498,000

Featured Listing: 16 Drake Road
This sun drenched brick and stucco Tudor offers perfect convenience to the Village and train. Thoughtfully maintained, this delightful home, with hard wood floors and gracious openings, has lovely proportions throughout with an oversized living room, family room/dining room and master bedroom with private bath. Learn more here.

List Price: $990,000