Armonk, Bedford, Chappaqua, Real Estate & more … Westchester Real Estate Buying Trends 2015

Westchester Real Estate Buying Trends 2015

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  • Millenials (described as those born between early 1980’s & mid 1990’s) will be the largest component of homebuyers in 2015.
  • Millenials are trending as more interested in convenience of living (distance to work/highway/train/restaurants/shops) than living space.
  • Buyers in 2014 have shown that they are willing to pay top dollar for new construction and/or renovated move-in quality. I see this as a continuing trend in 2015.   Sellers need to be strategic with their agents in how to market and properly represent those homes that have not been renovated.
  • With the economy on the rise, we are happy to see that the return of the 2nd home market.  Buyers are looking towards buying a weekend home in the Northern Westchester communities of Armonk, Chappaqua, Bedford, Katonah & Pound Ridge for weekend relaxation.

According to Houlihan Lawrence’s President/CEO and Managing Principal, Stephen & Chris Meyers, they see the following Westchester County real estate selling trends for 2015:  Continue reading “Armonk, Bedford, Chappaqua, Real Estate & more … Westchester Real Estate Buying Trends 2015”

Chappaqua Home Sales

Chappaqua Home Sales in 2014 Price Range Number Sold $0 – $499,999 11 $500,000-$699,999 30 $700,000-$999,999 64 $1,000,000-$1,499,999 47 $1,500,000-$1,999,999 13 $2,000,000-$2,499,999 7 $2,500,000-$2,999,999 4 $3,000,000-$4,999,999 0 $5,000,000 and up 0 Houlihan Lawrence dominated the market in 2014 by participating in 40% of total sales  in the Chappaqua School District! Year 2013 2014 % Change # … Continue reading Chappaqua Home Sales

Armonk Homes Sold

Total Homes Sold in the Byram Hills School District 2014 Price Range Number Sold $0 – $499,999 5 $500,000-$699,999 21 $700,000-$999,999 37 $1,000,000-$1,499,999 33 $1,500,000-$1,999,999 16 $2,000,000-$2,499,999 8 $2,500,000-$2,999,999 6 $3,000,000-$4,999,999 5 $5,000,000 and up 5 Houlihan Lawrence dominated the market in 2014 by participating in 44% of total transactions (135) in the Byram Hills … Continue reading Armonk Homes Sold