January 2010 Numbers – Village of Bronxville Houses

Please find below the data for single family detached* houses sold in the Village of Bronxville, Bronxville School District, during the month of January 2010. The month of January typically doesn’t have a great many sales and this year is no exception, with just one sale in January. In 2009 there were no houses sold during the month of January. Currently, there are a total of eight houses in the Village that are in contract. There are an additional four houses that have accepted offers but are not yet in contract. All this activity bodes well for a much improved 2010 market.

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Single Family Detached Houses

Village of Bronxville / Bronxville School District

January 1 , 2010 – January 31, 2010

# Of Properties Sold: 1

Average Sq. Ft.:  2,950

Days On Market:  324

List Price:  $1,695,000

Sale Price:  $1,560,000

Sale Price/List Price:  92.04%

Sale Price Per Sq. Ft.:  $528.81

*excludes Single Family Attached Houses (townhouses)

What A Difference A Year Makes

Last year at this time the real estate market in and around Bronxville was very quiet. However, what a difference a year makes. There are now five houses in the Village of Bronxville that have newly accepted offers. All, except for one, of the five houses are listed for over $2,500,000.

February Price Points

On this the first day of February, we have a total of 33 Single Family Detached Houses* on the market in the Village of Bronxville, Bronxville School District. Below is a breakdown of how these houses compare at different price points.

Priced Under $1,000,000

None

Priced $1,000,000 – $2,000,000

# Of Properties:  14

Average Days On Market:  193

Average Sq. Ft.:  3,075

Average List Price:  $1,566786

Average List Price Per Sq. Ft.:  $510.65

Priced $2,000,000 – $3,000,000

# Of Properties:  11

Average Days On Market:  102

Average Sq. Ft.:  4,182

Average List Price:  $2,499,545

Average List Price Per Sq. Ft.:  $620.64

Priced $3,000,000 – $4,000,000

# Of Properties:  6

Average Days On Market:  70

Average Sq. Ft.:  4,631

Average List Price:  $3,445,833

Average List Price Per Sq. Ft.  $756.22

Priced $4,000,000 and Above

# Of Properties:  2

Average Days On Market:  22

Average Sq. Ft.:  6,036

Average List Price:  $5,050,000

Average List Price Per Sq. Ft.:  $837.33

*excludes Single Family Attached Houses (Townhouses)

2009 Market Statistics – Bronxville P.O, Yonkers School District, One Bedroom Co-Ops

Please find below the 2009 market statistics for One Bedroom Co-Operative Apartments sold in the Bronxville P.O., Yonkers School District, as well for the prior nine years. The number of Co-Ops sold in 2009 is down 3% from 2008. What’s not surprising to see, in this challenged economy, is that the average sale price is down 14.9% from 2008 and the average sale price per sq. ft. is down 13.7% from 2008. Both the 2009 average sale price and average sale price per sq. ft. are reminiscent of  the 2004/2005 numbers. Surprisingly, in 2009 we did have the highest sale price of the last ten years with the sale of 949 Palmer Road Apt. 6G, for $325,000. We will hopefully see the downward trends of 2009 coming to an end in 2010 along with a slow but steady economic recovery underway.

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One Bedroom Co-Operative Apartments

Bronxville P.O., Yonkers School District

January 1 – December 31, 2000-2009

# Of Co-Ops Sold

• 2009:    65  -  Down 3% from 2008
• 2008:    67
• 2007:    88
• 2006:    77
• 2005:    94
• 2004:  106
• 2003:  120
• 2002:  100
• 2001:    69
• 2000:    92

Average Days On Market

• 2009:  209
• 2008:  182
• 2007:  169
• 2006:  164
• 2005:  141
• 2004:  154
• 2003:  151
• 2002:  167
• 2001:  145
• 2000:  176

Average Sq. Ft.

• 2009:  800
• 2008:  820
• 2007:  814
• 2006:  810
• 2005:  809
• 2004:  797
• 2003:  809
• 2002:  810
• 2001:  788
• 2000:  803

Average List Price

• 2009:  $163,685
• 2008:  $188,545
• 2007:  $190,843
• 2006:  $174,323
• 2005:  $165,531
• 2004:  $146,410
• 2003:  $128,910
• 2002:  $110,680
• 2001:    $84,261
• 2000:    $71,176

Average Sale Price

• 2009:  $153,510  -  Down 14.9% from 2008
• 2008:  $180,363
• 2007:  $183,236
• 2006:  $168,129
• 2005   $162,803
• 2004:  $143,633
• 2003:  $124,680
• 2002:  $108,994
• 2001:    $82,446
• 2000:    $67,660

Average Sale Price/Average List Price

• 2009:  93.78%
• 2008:  95.66%
• 2007:  96.01%
• 2006:  96.45%
• 2005:  98.34%
• 2004:  98.10%
• 2003:  96.72%
• 2002:  98.48%
• 2001:  97.85%
• 2000:  95.06%

Average Sale Price Per Sq. Ft.

• 2009:  $189.03  -  Down 13.7% from 2008
• 2008:  $219.03
• 2007:  $223.42
• 2006:  $205.72
• 2005:  $200.12
• 2004:  $180.22
• 2003:  $154.12
• 2002:  $129.84
• 2001:  $103.21
• 2000:    $83.15

Lowest Sale Price

• 2009:  $50,000
• 2008:  $75,000
• 2007:  $81,900
• 2006:  $90,000
• 2005:  $86,500
• 2004:  $67,000
• 2003:  $59,000
• 2002:  $35,000
• 2001:  $34,000
• 2000:  $19,900

Highest Sale Price

• 2009:  $325,000
• 2008:  $305,000
• 2007:  $310,000
• 2006:  $318,000
• 2005:  $302,000
• 2004:  $290,000
• 2003:  $249,000
• 2002:  $277,500
• 2001:  $191,500
• 2000:  $165,000

Source: WPMLS, Bronxville P.O., Yonkers School District, One Bedroom Co-Operatives, January 1 – December 31, 2000 – 2009

2009 Market Statistics – Village of Bronxville Co-Ops

Please find below the 2009 market statistics for Co-Operative Apartments sold in the Village of Bronxville, Bronxville School District, as well as for the prior nine years. It’s not surprising to see, in this challenged economy that the number of Co-Ops sold is down 17.9% from 2008 and the average sale price per sq. ft. is down 4.5%. What is gratifying to see is the average sale price is up 8.5% over 2008. Overall, I would call 2009 a very respectable year for Bronxville Co-Ops.

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Co-Operative Apartments

Village of Bronxville / Bronxville School District

January 1 – December 31, 2000 – 2009

# of Co-Operatives Sold

• 2009:  23  -  Down 17.9% from 2008
• 2008:  28
• 2007:  39
• 2006:  39
• 2005:  64
• 2004:  57
• 2003:  60
• 2002:  56
• 2001:  46
• 2000:  49

Average Days On Market

• 2009:  221
• 2008:  164
• 2007:  177
• 2006:  149
• 2005:  161
• 2004:  141
• 2003:  167
• 2002:  134
• 2001:  139
• 2000:  126

Average Sq. Ft.

• 2009:  1,215
• 2008:  1,085
• 2007:  1,134
• 2006:  1,084
• 2005:  1,194
• 2004:  1,108
• 2003:  1,083
• 2002:  1,157
• 2001:  1,065
• 2000:  1,149

Average List Price

• 2009:  $500,322
• 2008:  $458,657
• 2007:  $514,031
• 2006:  $450,231
• 2005:  $499,942
• 2004:  $426,762
• 2003:  $377,117
• 2002:  $366,211
• 2001:  $297,383
• 2000:  $269,690

Average Sale Price

• 2009:  $470,913  -  Up 8.5% from 2008
• 2008:  $433,996
• 2007:  $495,808
• 2006:  $441,526
• 2005:  $493,683
• 2004:  $417,716
• 2003;  $368,353
• 2002:  $374,131
• 2001:  $290,022
• 2000:  $268,699

Average Sale Price/Average List Price

• 2009:    94.12%
• 2008:    94.62%
• 2007:    96.45%
• 2006:    98.07%
• 2005:    98.75%
• 2004:    97.88%
• 2003:    97.68%
• 2002:  102.16%
• 2001:    97.52%
• 2000:    99.63%

Average Sale Price Per Sq. Ft.

• 2009:  $373.45  -  Down 4.5% from 2008
• 2008:  $390.87
• 2007:  $404.43
• 2006:  $388.20
• 2005:  $402.59
• 2004:  $359.75
• 2003:  $322.32
• 2002:  $297.27
• 2001:  $255.91
• 2000:  $217.19

Lowest Sale Price

• 2009:  $230,000
• 2008:  $183,000
• 2007:    $98,000
• 2006:  $150,000
• 2005:  $145,000
• 2004:    $77,000
• 2003:  $110,000
• 2002:  $115,000
• 2001:    $62,000
• 2000:    $65,000

Highest Sale Price

• 2009:    $895,000
• 2008:    $925,000
• 2007:  $1,995,000
• 2006:  $1,575,000
• 2005:  $1,500,000
• 2004:     $899,000
• 2003:     $799,000
• 2002:  $1,731,317
• 2001:     $815,000
• 2000:     $728,000

Source:  WPMLS,  Co-Operatives, Village of Bronxville, Bronxville School District, January 1 – December 31, 2000 -2009

2009 Market Statistics – Mount Vernon NY 10052 Pennington Elementary School

Please find below the 2009 market statistics for Single Family Detached Houses sold in Mount Vernon, New York 10552, Mount Vernon School District, Pennington Elementary School, as well as for the previous nine years. In this challenged economy, it’s not surprising to see that the number of sold properties is down 40.6% from 2008. Not down as dramatically are the average sale price per sq. ft. which is down 12.2 % from 2008 and the average sale price which is down just 5.5% from 2008. Surprisingly, in 2009 we did have the third highest sale price of the past ten years with the sale of 25 La Porte Avenue for $1,450,000. Hopefully with a slow but steady economic recovery underway we should see the downward trends of 2009 coming to an end in 2010.

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Single Family Detached Houses

Mount Vernon, New York 10552

Mount Vernon School District – Pennington Elementary School

January 1 – December 31, 2000 – 2009

# Of Properties

• 2009:  19  -  Down 40.6% from 2008
• 2008:  32
• 2007:  28
• 2006:  32
• 2005:  48
• 2004:  57
• 2003:  44
• 2002:  46
• 2001:  29
• 2000:  34

Average Days On Market

• 2009:  160
• 2008:  160
• 2007:  153
• 2006:  138
• 2005:  128
• 2004:  125
• 2003:  113
• 2002:  126
• 2001:  145
• 2000:  134

Average Sq. Ft.

• 2009:  2,261
• 2008:  2,152
• 2007:  2,446
• 2006:  2,326
• 2005:  2,629
• 2004:  2,484
• 2003:  2,401
• 2002:  2,421
• 2001:  2,476
• 2000:  2,330

Average List Price

• 2009:  $638,479
• 2008:  $640,918
• 2007:  $691,975
• 2006:  $728,622
• 2005:  $765,381
• 2004:  $637,174
• 2003:  $581,850
• 2002:  $498,217
• 2001:  $464,559
• 2000:  $421,392

Average Sale Price

• 2009:  $591,249  -  Down 5.5% from 2008
• 2008:  $625,518
• 2007:  $672,089
• 2006:  $705,453
• 2005:  $749,729
• 2004:  $627,361
• 2003:  $573,415
• 2002:  $500,837
• 2001:  $457,798
• 2000:  $410,554

Average Sale Price/Average List Price

• 2009:   92.60%
• 2008:   97.60%
• 2007:   97.13%
• 2006:   96.82%
• 2005:   97.96%
• 2004:   98.46%
• 2003:   98.55%
• 2002:  100.53%
• 2001:   98.54%
• 2000:   97.42%

Average Sale Price Per Sq. Ft.

• 2009:  $255.98  -  Down 12.2% from 2008
• 2008:  $291.59
• 2007:  $277.33
• 2006:  $307.90
• 2005:  $285.82
• 2004:  $257.43
• 2003:  $241.45
• 2002:  $208.70
• 2001:  $183.90
• 2000:  $174.38

Lowest Sale Price

• 2009:  $125,000
• 2008:  $365,000
• 2007:  $400,000
• 2006:  $500,000
• 2005:  $450,000
• 2004:  $355,000
• 2003:  $360,000
• 2002:  $315,000
• 2001:  $295,000
• 2000:  $195,000

Highest Sale Price

• 2009:  $1,450,000
• 2008:  $1,251,000
• 2007:     $970,000
• 2006:     $965,000
• 2005:  $1,600,000
• 2004:  $1,902,500
• 2003:     $910,000
• 2002:     $999,000
• 2001:     $960,000
• 2000:     $999,000

Source: WPMLS, Single Family Detached Houses, Mount Vernon, NY 10552, Mount Vernon School District, Pennington Elementary School, January 1 – December 31, 2000 -2009

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76 Chatfield Road, Bronxville P.O., Yonkers School District, which was listed for $899,000 was sold on January 15, 2010 for $868,500.

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18 Crows Nest Road, Village of Bronxville, which was listed for $1,695,000 was sold on January 15, 2010 for $1,560,000.

2009 Market Statistics – Village of Bronxville Townhouses

Please find below the 2009 market statistics for Single Family Attached Houses (Townhouses) sold in the Village of Bronxville, Bronxville School District, as well as for the prior nine years. In this challenged economy it is not surprising to see that the number of properties sold is down 30% from 2008 and the average sale price per sq. ft. is down 6.2% from 2008. However, the average sale price is up dramatically from 2008, due in a large part to the sale of 18 Prescott Avenue. Larger than many houses in Bronxville, with over 5,000 sq. ft., this townhouse helped bring the average sale price up 22.3% over 2008. Hopefully with a slow but steady economic recovery underway we should see the downward trends of 2009 coming to an end in 2010.

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Single Family Detached Houses (Townhouses)

Village of Bronxville/ Bronxville School District

January 1 – December 31, 2000-2009

# Of Properties

• 2009:    7  -  Down 30% From 2008
• 2008:  10
• 2007:  19
• 2006:  18
• 2005:  15
• 2004:  15
• 2003:  15
• 2002:  14
• 2001:    7
• 2000:  13

Average Days On Market

• 2009:  215
• 2008:  143
• 2007:  152
• 2006:  136
• 2005:  147
• 2004:  121
• 2003:  112
• 2002:  102
• 2001:  134
• 2000:  101

Average Sq. Ft.

• 2009:  2,450
• 2008:  1,787
• 2007:  1,834
• 2006:  1,861
• 2005:  1,862
• 2004:  2,189
• 2003:  1,832
• 2002:  1,986
• 2001:  2,114
• 2000:  1,888

Average List Price

• 2009:  $1,176,571
• 2008:     $946,500
• 2007:  $1,016,737
• 2006:     $978,000
• 2005:     $943,867
• 2004:  $1,003,800
• 2003:     $715,227
• 2002:     $612,393
• 2001:     $771,929
• 2000:     $707,000

Average Sale Price

• 2009:  $1,115,874  -  Up 22.3% from 2008
• 2008:     $912,045
• 2007:  $1,002,946
• 2006:     $955,250
• 2005:     $938,667
• 2004:     $992,467
• 2003:     $709,847
• 2002:     $608,357
• 2001:     $708,857
• 2000:     $717,654

Average Sale Price/Average List Price

• 2009:   94.84%
• 2008:   96.36%
• 2007:   98.64%
• 2006:   97.87%
• 2005:   99.45%
• 2004:   98.67%
• 2003:   99.25%
• 2002:   99.34%
• 2001:   91.83%
• 2000:  101.51%

Average Sale Price Per Sq. Ft.

• 2009:  $479.23  -  Down 6.2% from last year
• 2008:  $510.86
• 2007:  $555.70
• 2006:  $521.46
• 2005:  $513.36
• 2004:  $451.17
• 2003:  $397.75
• 2002:  $303.69
• 2001:  $330.70
• 2000:  $381.96

Lowest Sale Price

• 2009:  $775,000
• 2008:  $590,450
• 2007:  $680,000
• 2006:  $715,000
• 2005:  $745,000
• 2004:  $657,000
• 2003:  $490,000
• 2002:  $290,000
• 2001:  $435,000
• 2000:  $503,000

Highest Sale Price

• 2009:  $2,000,000
• 2008:  $1,150,000
• 2007:  $1,421,000
• 2006:  $1,295,000
• 2005:  $1,200,000
• 2004:  $3,000,000
• 2003:     $960,000
• 2002:  $1,495,000
• 2001:  $1,500,000
• 2000:     $972,000

Source: WPMLS, January 1 – December 31, 2000 – 2009, Single Family Attached Houses (Townhouses), Village of Bronxville, Bronxville School District

2009 Market Statistics – Bronxville P.O., Tuckahoe School District Houses

Please find below the 2009 market statistics for Single Family Detached Houses sold in the Bronxville P.O., Tuckahoe School District, as well as for the prior nine years. In this challenged economy, it’s not surprising to see that both the average sale price and the average sale price per sq. ft. is down from 2008. The major cause of these declines is that in 2009 only 3 houses sold for over $1,000,000 while there were 11 houses that sold for over $1,000,000  in 2008. However, we are down just 10% from 2008 in the number of houses sold with 18 houses sold in 2009 versus 20 in 2008. Hopefully with a slow but steady economic recovery underway,we should see the downward trends of 2009 coming to an end in 2010.

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Single Family Detached Houses

Bronxville P.O./ Tuckahoe School District

January 1 – December 31, 2000 -2009

# Of Properties

• 2009:  18  -  Down 10% from 2008
• 2008:  20
• 2007:  23
• 2006:  26
• 2005:  28
• 2004:  23
• 2003:  19
• 2002:  22
• 2001:  20
• 2000:  16

Average Days On Market

• 2009:  173
• 2008:  175
• 2007:  164
• 2006:  184
• 2005:  160
• 2004:  126
• 2003:  155
• 2002:  145
• 2001:  224
• 2000:  130

Average Sq. Ft.

• 2009:  2,625
• 2008:  3,014
• 2007:  3,081
• 2006:  2,488
• 2005:  2,817
• 2004:  2,920
• 2003:  2,593
• 2002:  2,920
• 2001:  2,755
• 2000:  2,698

Average List Price

• 2009:     $845,689
• 2008:  $1,231,375
• 2007:  $1,300,913
• 2006:     $926,262
• 2005:     $995,107
• 2004:  $1,031,783
• 2003:     $755,263
• 2002:     $805,541
• 2001:     $662,800
• 2000:     $658,925

Average Sale Price

• 2009:      $802,222  -  Down 31.3% from 2008
• 2008:   $1,167,150
• 2007:   $1,235,143
• 2006:      $888,173
• 2005:      $960,071
• 2004:   $1,006,679
• 2003:      $736,500
• 2002:      $793,909
• 2001:      $628,500
• 2000:      $646,719

Average Sale Price/Average List Price

• 2009:  94.86%
• 2008:  94.78%
• 2007:  94.94%
• 2006:  95.89%
• 2005:  96.48%
• 2004:  97.57%
• 2003:  97.52%
• 2002:  98.56%
• 2001:  94.82%
• 2000:  98.15%

Average Sale Price Per Sq. Ft.

• 2009:  $300.69  -  Down 21.5% from 2008
• 2008:  $382.93
• 2007:  $387.58
• 2006:  $348.67
• 2005:  $340.03
• 2004:  $346.75
• 2003:  $283.30
• 2002:  $263.48
• 2001:  $222.79
• 2000:  $233.45

Lowest Sale Price

• 2009:  $440,000
• 2008:  $495,000
• 2007:  $520,000
• 2006:  $540,000
• 2005:  $530,000
• 2004:  $492,125
• 2003:  $385,000
• 2002:  $365,000
• 2001:  $349,000
• 2000:  $315,000

Highest Sale Price

• 2009:  $2,200,000
• 2008:  $2,350,000
• 2007:  $2,980,500
• 2006:  $1,957,500
• 2005:  $2,700,000
• 2004:  $1,875,000
• 2003:  $1,600,000
• 2002:  $1,750,000
• 2001:  $1,740,000
• 2000:  $1,295,000

Source: WPMLS, Single Family Detached Houses, Bronxville P.O., Tuckahoe School District, January 1 – December 31, 2000 – 2009