Last year recorded the most single family home sales in Westchester County in the past five years. Year to date activity is on par with last year’s performance. The median price continues to gradually improve and has reached $650,000 so far this year. The county wide peak was a median price of $685,000, prior to the financial crisis. Limited inventory is being reported throughout the County especially homes priced under $1 million.
There have been 25 sales of detached single family... Read more.
2017 Q1-1st quarter market activity in Bronxville Village is in line with the two prior years 2015 and 2016, reflecting a continued pull back from amazingly strong years 2012 through 2014. Recent activity shows this market has been particularly strong in the $2-$4 million range.
2017 Q1-1st quarter activity in the Bronxville PO is the strongest its been over the past 5 years. Buyers continue to be drawn to the favorable real estate tax rates that they cannot find in any of the... Read more.
When the time comes to put your home on the market, many sellers think they should wait until after the holidays. However, there are several unexpected advantages to listing your home now rather than waiting until the New Year.
1. Motivated Buyers
Tis the season! There may be fewer buyers looking, but those who are tend to be motivated buyers. Homes often sell faster during the holidays, and for more money. Plus, there’s always that buyer who wants to give the ultimate gift to a loved one - a new home!
2. Less Competition
Because the holidays can... Read more.
A look at first and second quarter sales figures, combined with a peek at homes in contract as of June 30, indicate that 2016’s single family home sales in Bronxville Village are keeping pace with last year’s robust sales volume total of 45. Year to date, there have been 22 single family homes sold in the Village, compared to 19 for the first six months of 2015. In addition, 14 homes were in contract as of the end of June.
If sales continue at this rate through the end of the year, it... Read more.
There’s been a real flurry of activity in upscale home sales recently in the Bronxville PO section of Yonkers, according to Houlihan & O'Malley Real Estate Services. The uptick reflects a strong trend, which shows that the sale of homes priced from $800,000 to $999,000 in that locale rose from 4 homes sold in 2011 to 15 sold in 2015, a 275 percent increase (based on sales data supplied by the Hudson Gateway Multiple Listing Service).
"This price point in the Bronxville PO area of Yonkers is especially popular because you can't get... Read more.
Homebuyers want homes that “bring the indoors out in high style.” In other words, they want the same luxury outdoors that they're accustomed to having indoors, with all the accompanying comforts and conveniences. This, says Joe Houlihan, managing partner of Houlihan & O’Malley Real Estate Services, is a top trend in 2016.
"Westchester home buyers are looking for full outdoor kitchens with a broad range of upscale appliances, LED televisions and high-tech sound systems, fireplaces and fire pits, and ecofriendly composite decking," he says. “Outdoor 'rooms' are huge.”
Besides all the... Read more.
For High-End Real Estate Listings, Photos Shot From the Air Go High-Tech
Until now, when a real estate agency wanted to show the breadth and scale of a magnificent estate, it would require hiring a helicopter for the photographer to take pictures high above the leafy streets and lawns.
Now all that’s changed, courtesy of drones.
Among all the possible uses for drones, real estate photography is a natural, and is quickly moving from being a novelty in the home-selling process to being an indispensable tool for real estate agencies who... Read more.
Helpful Online School Search Tools Include
Houlihan & O'Malley's "Neighborhood Navigator"
Looking for a new home for you and your family? If so, finding a community with schools that
can best meet the needs of your family may well be on the top of your list. It is critical to check
out the schools – both in person and online – in the communities you are considering, especially
if you are moving to a new area.
At Houlihan & O’Malley, we suggest that you check out some very helpful... Read more.
Good news! Not all millennials are living with their parents and struggling to pay off student loan debt. As the economy grows stronger and the 18-34 year-olds in this demographic group find their employment prospects improving, millennials, especially those on the older end of the spectrum, are looking to buy homes. At Houlihan & O'Malley Real Estate Services In Bronxville, NY, for example, sales data shows the number of millennials buying homes has risen significantly, from 28 percent in 2012 to an average of 40 percent in 2013 and 2014, according to Joe Houlihan, the firm's managing partner.
This... Read more.
Tips for Enhancing Your Home’s Curb Appeal This Spring, Part II
While the first blog in this two-part series focused on tips to improve the look of your
home's exterior, this one highlights steps to enhance your property in order to add curb
appeal to attract potential buyers.
1. Fix stone walkways and retaining walls as well as the Belgian blocks lining your
driveway that were ruined by winter snow, road salt, or careless plowing. The best way
to find a top-notch mason is to check with colleagues and friends to see... Read more.
Tips for Enhancing Your Home’s Curb Appeal This Spring, Part I
With the horrible winter weather finally behind us and the “pollen tsunami” beginning to subside, now is the perfect time to turn attention to your house. This spring, why not give it some extra curb appeal? The goal is to make the home’s exterior look crisp and clean and help it stand out, thus increasing your chances of enticing potential buyers to want to take a peak inside. Here are some helpful hints to get the ball rolling:
1. Get the... Read more.
What Westchester Homebuyers Are Looking For In 2015:
So Long Granite, Hello……… Options!
From composite countertops to outdoor entertainment spaces and faux-wood decks, Westchester homebuyers have some new preferences when it comes to what they want in a home. While stainless steel kitchen appliances and open floor plans continue to be in high demand, homebuyers' 2015 wish lists contain some surprises, according to Joe Houlihan, managing partner of Houlihan & O'Malley, Bronxville's leading boutique real estate agency.
In southern Westchester, proximity to schools and public transportation has also become an increasingly... Read more.
We all know the saying “there’s an app for that.” Technology exists for just about everything today. The question is how useful is it? Usually, very. Even when it comes to purchasing a home, technology can be a real game-changer. Now, if you are interested in purchasing a home, you can easily find out about properties and communities by using our online tools to help you quickly find the right home, at the right price, even before you speak to one of our Houlihan & O’Malley brokers.
“We used to spend... Read more.
Everyone's talking about what a good year 2014 was in residential real estate, but what exactly does "good" mean? Houlihan & O'Malley, Bronxville's leading boutique real estate agency, has analyzed sales data through December 6 to answer that question, and issued the report "2014 Bronxville Home Sales Year in Review." They found that the median price of a single-family home in Bronxville Village rose from $2,009,500 in 2013 to $2,195,000 in 2014, an increase of 9 percent. Houlihan & O'Malley's research was based on local market analysis supplied in early December by the Hudson... Read more.