Itai Maytal, Other/Just Looking in

Are people selling in New Rochelle? What is the market condition?

Asked by Itai Maytal, Thu Apr 12, 2012

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Melba Herrera Kelly, SFR, CBR’s answer
Hello Itai;

Homes in New Rochelle are definitely selling. Well-priced homes in good condition relative to the asking price are moving at all price points.

Please contact me if you would like to talk about the specifics of our market. I can also provide you with market statistics and trends.

Best,
Melba
0 votes Thank Flag Link Thu Apr 12, 2012
When homes are priced correctly they definitely are selling. While there is a lot of inventory in New Rochelle, there are buyers out there that are eager to buy, particularly in the $500-700,000 range. We just had a house in Larchmont Woods that was priced at $499,000 that had multiple bids. Feel free to contact me if you would like further information. Margie Weschler
0 votes Thank Flag Link Thu Apr 12, 2012
Median Sale Price for Single Family Home is $557,500 (4 mo. average) down -12.2% from same month last year.
Homes Sold is up 5.9% from same month last year.
Days on market is down 14 days. Thats a good thing.
Houses sell for 94% of list price on average.

If you need a full marketing report for New Rochelle...AskRey.

Rey Hollingsworth Falu
Licensed Associate Real Estate Broker
Houlihan Lawrence - Bronxville

Direct 917-855-0277
rhollingsworth@houlihanlawrence.com
0 votes Thank Flag Link Thu Apr 12, 2012
If you are looking to sell, invite a few local agents from different realty companies, and ask for a cma, comparative market analysis, review the data and go from there. When properties are priced on target, and the marketing maximizes exposure, properties do sell, and multiple offer situations do occur...
0 votes Thank Flag Link Thu Apr 12, 2012
The New Rochelle market is doing very well. Serious buyers are looking and the sellers that are pricing well are getting offers within two weeks.

Egen Warner
Associate Broker
1-914-424-7231
Web Reference: http://GetEgen.com
0 votes Thank Flag Link Thu Apr 12, 2012
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