Active Rain October 11, 2010

Croton on Hudson, NY Real Estate Market September 2010


Croton on Hudson is the village directly north of Ossining. It is a very charming locale on the Hudson with parks, great neighborhoods, and a large train station hub on the Metro North Hudson Line. My older brother and his family also live there. I used to camp at Croton Point Park as a Boy Scout, and I have many happy memories of the place. In the near future I’ll blog about some great places to dine in Croton.  

This market report is for single family homes in the Croton-Harmon school district. All data is from the Westchester-Putnam MLS. Last month stunk. This month was much better. 

Croton Real Estate market September 2010

Croton had 8 closings in September at a median price of $459,000, doubling the number of sales from a year before, and at a $84,000 higher median price. Very strong. 13 homes are under contract, and 65 are available for sale. The disparity between asking price of the contracted homes ($420,000) and those available ($598,000) speaks to some lofty expectations of the unsold. If asking prices come down some, watch for even healthier numbers. 

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