Active Rain July 11, 2011

Armonk Real Estate Market 2nd Quarter 2011

The kitchen in an Armonk ListingThis is the market report for the Byram Hills School district (predominantly Armonk and parts of Bedford and Mount Pleasant) for the 2nd quarter of 2011. All information is for single family homes and is sourced by the Empire Access Multiple Listing Service. 

For the second quarter of 2011, 23 homes closed with a median sale price of  $970,000. 

For the 2nd quarter of 2010,  29 homes closed with a median sale price of  $940,000. 

Things look pretty steady here, with prices up a touch amd transaction total down some. 

31 homes are under contract with a median list price of  $1,250,000. 

150 homes are active with a median asking price  of $1,272,500. Inventory is high, but pending sales look to carry on in a relatively healthy volume. Armonk is home to IBM and is also close to I-684 so it is a very good commuting location. And the available inventory has some gems. 

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