August Sales and Deals

The number of contracts signed in the towns this blog covers remained relatively high through August, maintaining the bounce that began back in June through what is usually a slow period. Interestingly, this mirrors the results reported by the New York Times in the city market. The five previously-featured hot properties that sold in August are full of useful tidbits. The Katonah village colonial reminds me to take the "data" with a grain of salt: in the July Sales and Deals post I recorded that the last listing price was $849,000, a figure I got from the WPMLS. Now the records tell me that the last asking price was $799,000. The farmhouse in Katonah and the house in Yorktown Heights show that the right asking price can (sometimes) trigger a bidding war. Isn't real estate watching fun!

Contracts signed on single-family homes

July: 86
August: 79

Hot Properties that went to contract

 Location: Croton
 Featured: June 30, 2009
 Asking Price When Featured: $459,000
 Last Asking Price: $459,000

Location: Ossining
Featured: June 23, 2009

Asking Price When Featured: $439,222 
Last Asking Price: $439,222

Location: Yorktown
Featured: May 28, 2009
 Asking Price When Featured: $999,999
Last Asking Price: $999,999

Hot Properties that closed

Location: Yorktown Heights
Featured: May 12, 2009
Asking Price When Featured: $879,000
Last Asking Price: $839,000
Sold for: $850,000

Location: Mt. Kisco
Featured: March 3, 2009
Asking Price When Featured: $929,000
Last Asking Price: $899,000
Sold for: $830,000

Location: Katonah
Featured: February 5, 2009
Asking Price When Featured: $2,495,000
Last Asking Price: $1,895,000
Sold for: $2,150,000

Location: Somers
Featured: July 17, 2008
Asking Price When Featured: $1,100,000
Last Asking Price: $895,000
Sold for: $775,000

Location: Katonah
Featured: October 30, 2007
Asking Price When Featured: $979,000
Last Asking Price: $799,000
Sold for: $770,000