December Sales and Deals
2009 seems to have ended with neither a bang nor a whimper. The number of properties going to contract in the towns this blog covers was up from a year ago, but less than in November. The market appears to still be rather finicky, with some homes moving quickly while others stagnate. Two long-suffering Hot Properties found relief in December. After a year-and-a-half on the market, and a massive price cut, the Croton house went to contract on December 16—just 6 days after I re-featured it in a post titled "Big Loser." The lovely brick Tudor home in Ossining finally sold, 20 months after I featured it and for $189,000 under the initial asking price. On the other hand, the lakeside home in Cortland Manor closed just two months after being listed and for a mere $4,000 under the asking. I wonder what 2010 will bring?
December: 54
Location: OssiningFeatured: October 27, 2009
Asking Price When Featured: $629,999
Last Asking Price: $559.000
Location: CrotonFeatured: June 26, 2008
Asking Price When Featured: $925,000
Last Asking Price: $549,000
Location: Cortlandt ManorFeatured: November 10, 2009
Asking Price When Featured: $1,200,000
Last Asking Price: $1,200,000
Sold for: $1,196,000
Location: OssiningFeatured: February 21, 2008
Asking Price When Featured: $799,000
Last Asking Price: $634,222
Sold for: $610,000
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