- Twenty-two detached single-family homes closed in Bronxville Village from January 1, 2016 to June 30, 2016. In comparison,the first six months of 2015 reflected the sales of 19 detached single-family homes.
- The median sales price of detached single-family homes in Bronxville Village for the first six months of 2106 was $2,312,500 as compared to the first six months of 2105 which was $2,602,955. The average price per square foot is reflecting $656.53 for 2016 as compared to $730.22 in 2015.
- Overall, the Bronxville Village single-family attached town home market experienced the sales of 9 homes (including Gramatan Court) over the first six months of 2016 as compared to 14 homes sold during the same time period in 2015. The median sale price for the first half of 2016 was $1,025,000 in comparison to $990,000 in 2015.
- Twenty-five homes have closed in Bronxville P.O. exhibiting a median sales price of $790,000 and an average price per square foot of $328.66. Last year over the same period, 14 homes had closed showing a median sale price of $781,500 and an average price per square foot of $304.22.
- The cooperative market in the Village experienced 19 sales with a median sales price of $465,000 and an average price per square foot of $461.82. Last year over the same period, 20 apartments sold reflecting a median sale price of $550,000 and an average price per square foot of $450.49. In the P.O., 78 cooperatives closed over the first six months of 2016 exhibiting a median sale price of $166,000 and a price per square foot of $194.46. The first half of 2015 reflected 69 sales with a median sale price of $262,500 and a price square foot of $196.36.
It is important to remember that today’s buyer is motivated by value and pricing, positioning and presentation are the key elements in achieving a favorable outcome.
Source: Multiple Listing Service HGAR
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