December Sales and Deals

Ending the year on an appropriately low note, the number of listings going to contract in the towns this blog covers dropped quite a bit in December according to the WPMLS. But three previously-featured Hot Properties were among the chosen ones (interestingly, all three were in Croton). On the sales front, the Katonah listing shows that well-priced fixers can still go quickly and close to the asking; the Mt. Kisco listing indicates that the right asking price can still spark a bidding war; and the Croton listing shows that—to my mind at least—there are some great deals out there.

Contracts signed on single-family homes:
November: 60
December: 35

Hot Properties that went to contract in December:

Location: Croton
Featured: December 4, 2008
Asking Price When Featured: $447,500
Final Asking Price: $447,500


Location: Croton
Featured: August 19, 2008
Asking Price When Featured: $399,999
Final Asking Price: $350,000


Location: Croton
Featured: June 12, 2008
Asking Price When Featured: $750,000
Final Asking Price: $720,000


Hot Properties that sold in December:

Location: Katonah
Featured: October 30, 2008
Asking Price When Featured: $689,000
Final Asking Price: $689,000
Sold for: $650,000


Location: Mt. Kisco
Featured: August 12, 2008
Asking Price When Featured: $629,000
Final Asking Price: $589,000
Sold for: $600,000


Location: Croton
Featured: April 1, 2008
Asking Price When Featured: 1,195,000
Final Asking Price: $879,900
Sold for: $879,900