August 2017 Newsletter

Dated: 08/09/2017

Views: 399


A Personal Note...

     Hello everyone, our team is looking to grow.  We are on the talent hunt for someone energetic, hardworking and willing to learn the real estate business.  We are hiring a buyers agent in training.  This would be an entry level opportunity with our company which we would look to promote as soon as the candidate is ready.

Ask The Experts

Just Sold!

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Just Sold! Three Bedroom Condo in Yonkers

647 Point St, #2C Yonkers, NY 10701

Asking Price $149,000

Sales Price $149,000

100% List Price to Sales Price Ratio


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Just Sold! Two Family Home in Katonah

65-67 Greenville Rd, Katonah, NY 10536

Asking Price $675,000

Sales Price $650,000

96.2% List Price to Sales Price Ratio

By the Numbers: Southeast Yonkers

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     This month we are taking a look at the market for two family homes in Southeast Yonkers.

     Southeast Yonkers is bordered by the Bronx to the South, Mount Vernon to the East, The Cross County Parkway to the North and the New York State Thruway I-87 to the West.

     We are going to look at the numbers for two family homes in this neighborhood

A Market Snapshot

StatusNumber of HomesDays on Market
Under Contract652
Expired 10135

     A market snapshot for the past six months shows a total of 37 two-family homes.  There are four actives, six under contract, ten expired and seventeen solds within the past 180 days.

Average Days on Market

The average days on markets for sold homes are 62 days while the average days on market for the expired homes are 135.

PriceTotalsActiveUnder ContractExpiredSold
Under $400k711 (50%)14 (80%)
$400k-$500k911 (50%)25 (71%)
$500k-$600k1201 (100%)47 (66%)
$600k-$700k622 (50%)20 (0%)
Over $700k301 (100%)1 (50%)

     By the numbers most activity has been in the price range between $500,00 and $600,000, with 12 homes in this price range and seven solds.  The highest percentage of sold homes were under $400,000 and the lowest percentage of homes sold occurred between $600,000 and $700,000

Average Prices

     The average sales price on the sold homes were $503,028, while the average sales price on the expired homes was $588,264.  The average sales price to list price ratio was 97.15%

Highs and Lows

The highest sale was recorded at 129 Crescent Place for $970,000 on May 16th, 2017

The lowest sale was recorded at 90 Chester Place for $325,000 on May 9th, 2017

Need more information?

If you would like us to feature your neighborhood in 'By the numbers' next month, please let us know!

Welcome to Our New Clients & Referrals

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We would like to welcome all of our new clients this month and all of our past clients who referred us new clients!

Fung Haiman, Dr. Zahir Ahmad, Sunanda & Priyanka Majumder, Craig Bullard, Evelyn Rucker, Mabel Johnson, Alan & Avril Wenderoff, Patrick & Vivian Okolo, Bill & Mindy Eng, Ruba Kakish, Ray & Belinda Harris, George Daher, Jesus Salguero, Eugene & Maryann Hilser, Graham Wall & Melissa King & Joan Cruz

Thank you for your business!

Just Listed!

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140 Weyman Avenue, New Rochelle, NY 10805

Asking Price $429,000

Type: Single Family

Bedrooms: 3

Bathrooms: 3

Year Built: 1925


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1761 Weeks Avenue, Bronx, NY  10457

Asking Price $600,000

Type: Two Family Home

Bedroom: 6

Bathrooms: 2

Year Built: 1969

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324 Sommerville Place, Yonkers, NY 10703

Asking Price $375,00

Type: Single Family

Bedroom: 6

Bathrooms: 2

Year Built: 1928

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45 West Pondfield Road Unit #2E, Bronxville, NY 10708

Asking Price $149,000

Type: Co-operative

Bedrooms: 0

Bathrooms: 1

Year Built: 1970

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12 Smith Street, Port Chester, NY 10573

Ask Price $399,00

Type: Two Family Homes

Bedrooms: 6

Bathrooms: 2

Year Built: 1920


The Birthday Corner!

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     We want to wish everyone who had a birthday in August, a very happy birthday one more time!

Mindy Eng, Christine Fernandez, Sammy Martinez, Luis Mercesdes, Nilsa Ortiz, Ginda Padro, Jackie Rodriguez, Sylvia, Idelsa Vargas, Donovan Vincent, Lucy Zillitto

     Also, if you didn't get a birthday gift from us, it means we don't have your birthday! Kindly email us your birthday and we will be sure to send you your birthday present!  (And next year we will sure you get it on time!)

Under Contract!

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1853 Tomlinson Avenue, Bronx, NY 10461

Asking Price: $639,000

Type: Two Family 

Bedroom: 4

Bathroom: 2

Year Built: 1922

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2107 Prospect Avenue Avenue, Bronx, NY 10457

Asking Price: $389,000

Type: Single Family

Bedrooms: 3

Bathrooms: 3

Year Built: 1980

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1718 Purdy St. Unit 7G, Bronx, NY 10462

Asking Price: $250,000

Type: Condominium

Bedrooms: 3

Bathrooms: 1

Year built: 1930

Thanks for reading.  See you next month!

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