There has been more than a fall flurry as far as home sales are concerned. In the last month alone, 16 homes have sold in Rye and Rye P.O. “Buyers, as well as sellers, are trying to take advantage of low interest rates during the final stretch before the holiday season kicks in,” said Coldwell Banker Rye agent Debbie Strati-Padawer.
By Robin Jovanovich
There has been more than a fall flurry as far as home sales are concerned. In the last month alone, 16 homes have sold in Rye and Rye P.O.
“Buyers, as well as sellers, are trying to take advantage of low interest rates during the final stretch before the holiday season kicks in,” said Coldwell Banker Rye agent Debbie Strati-Padawer.
Notwithstanding the nationwide housing crunch, Rye, Purchase, Larchmont, and Mamaroneck are “holding their own”, she reported. “For the third quarter, sales are up 12% in Westchester County. Southern Westchester is leading the way, with sales 9% higher than this time last year.”
Ms. Padawer believes the strong market will continue through the end of the year. Sellers may, however, have to be a little more patient because buyers are savvy and well-educated and Generation X is looking for properties in mint condition and toothbrush-ready. Homes that are well maintained and priced right have the greatest sales potential in today’s marketplace.”
Ms. Padawer comes by her trade honestly. “My mother was a broker for over 40 years with an office in Harrison, she in turn recruited my father into the business, my brother found his niche in the commercial market, and it was just a matter of time before I followed in my mother’s footsteps as well.” Debbie was recently named a Westchester Magazine 2011 Five Star Real Estate Professional and shares her family’s passion for the business.
There are currently 24 active listings in 10580, ranging in price from $725,000 to $7,200,000. There are also a number of rental opportunities, including a stately brick Georgian, Ms. Padawer has the listing.
Among the homes that have come on the market in recent weeks are several that are well suited to young families starting out and older couples ready to downsize.
A three-bedroom Cape, within walking distance of Rye Golf and Osborn Elementary School, has lots of potential and sits on a corner lot. It’s priced to sell at $725,000.
A three-bedroom Victorian, within walking distance of Midland School, Rye Recreation, downtown, and the train station, is loaded with charm. The listing price is $840,000.
A four-bedroom Colonial, nearly a century old and only a block away from Rye Town Park, has a private backyard and a nice mix of formal spaces. It’s listed at $899,000.