Market Update Q1 2017
HOM
4/6/2017

Bronxville Village

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. 

 

Bronxville PO/Yonkers

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 neighboring markets.  This area of Yonkers offers all of the locational advantages of Bronxville except for the schools including an easy commute to New York. 

 

Crestwood

2017 Q1-1st quarter activity in Crestwood is relatively low due to the lack of inventory. As properties come on the market, they tend to be absorbed relatively quickly. 

 

Eastchester

2017 Q1-1st quarter activity in Eastchester is the strongest it has been in the past 5 years.  Overall activity in Eastchester was low in 2016 due to a lack of inventory, not lack of demand. 

 

Tuckahoe

2017 Q1-1st quarter activity in Tuckahoe is on par with last year and reflects strong demand in this market.