Westchester housing market?

Started by NYCROBOT

almost 13 years ago

Posts: 198

Member since: Apr 2009

Discussion about

Someone here will have some knowledge more than me to shed some light on this: We're looking to buy in westchester (scarsdale, et al). Not many houses available. Broker tells us not much inventory but there are a lot of buyers. A few years ago before the crash there were lots of for sales. Now, very little. WTF is going on here? Is it that people aren't putting houses on market since they are waiting to recoup as much as they can (waiting for better days ahead), or is inventory really at very low levels?

Response by greensdale

almost 13 years ago

Posts: 3804

Member since: Sep 2012

Check out this thread, someone was looking for similar information: http://streeteasy.com/nyc/talk/discussion/34380-westchester-housing-market

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Response by ms_w71

over 12 years ago

Posts: 40

Member since: Aug 2011

My good friend sells houses in Scarsdale.
There is VERY LOW inventory.
Once he puts a listing on the market, he gets multiple offers the same day.
Things are going for over ask... Prices are up, but not quite at pre-crash levels.

It's a crazy time to be buying in Scarsdale. Good luck.

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Response by dmf13

over 12 years ago

Posts: 150

Member since: Feb 2008

Let him come up to Chappaqua!

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Response by KISS

over 12 years ago

Posts: 303

Member since: Mar 2008

Check out Edgemont. It's right next to Scarsdale, has the same commute 30 min commute into GCT, same Scarsdale address, similar demographics and a similarly well-regarded school district (albeit a smaller one, which some people prefer).

Westchester housing market?

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