It takes twice as long to sell a house in Ardsley New York in 2008 as it did in 2005. Prices are reduced and it is a great time to buy.
'08 524,750 DOM 182
'07 791,000 DOM 162
'06 704,667 DOM 138
'05 707,900 DOM 99
During April, 2008 four houses sold in the Ardsley School District:
15 Abington $478,000 3BR,2Bath 1041 Sq ft. 10,594 taxes
17 Euclid $505,000 3BR,2Bath 1384 Sq ft 11,982 taxes
4 Capt Honeywell $519,000 3BR,1.1Bath 1280 Sq ft 13,754 taxes
25 Abington $597,000 3BR,2Bath 1800 Sq ft 16,996 taxes
There are currently 56 Single Family Homes on the market.
April 1-30,2008
Average Sale Price $524,750
Median Sale Price $512,000
Days on Market 182
April 1-30, 2007 Median Home Price 761,000 - Days on Market 162
April 1-30,2006 Median Home Price 685,000 - Days on Market 138
According to the following numbers it is taking less time to sell a house in the Ardsley School District than it took in 2005 but prices are down. This is in keeping with statistics from National Assocation of Realtors. So,...
March 1-31, 2008
Average Price $908,333
Median Price $585,000
Average Days on Market 182
March 1-31, 2007
Average Price $773,500
Median Price $647,500
Average Days on Market 212
March 1-31, 2006
Average Price $826,750
Median Price $695,000
Average Days on Market 196
Some statistics for the Ardsley School District. As of today, April 1, 2008 there are 70 active and available properties in the Ardsley School District. 4 are pending and ready to close. 5 properties closed during the month of March.
Of the 70 properties available 49 are single family, 7 condominium's and 4 multi family.
These numbers are always best when viewed over time. So on January 1st there were 34 single family houses available, on March 4th there were 45 and now there are 49.
The following houses sold in the Ardsley School District between January 1 and March 8, 2008. This doesn’t include houses that went to contract or are pending status, just houses that passed title.
The average days on the market was 137. The median price was $715,000. Where you see 4:3 that means 4 bedrooms and 3 bathrooms.
These houses were all sold by members of the Westchester-Putnam Multiple Listing Service.
When I look at the statistics below I don’t see the doom and gloom that is being reported in various areas throughout the United States. I see a little softening in prices but overall it is a good time to sell as well as buy in Ardsley. I see that between last year and this year at the same time it takes slighter less time to sell a single family house. These numbers are for the Ardsley School District and are just single family home sales:
January 1 – February 29, 2008
January 1 – February 28, 2007
January 1 – February 28, 2006
Disclaimer: these statistics were prepared by me and not the Westchester-Putnam Multiple Listing Service.
