Houses Sold in Peekskill-Cortlandt This Week

Ever wonder what makes one home sell faster than another "like" home on the market? A lot goes into the process of getting a home on the market and the two most important aspects are pricing and how well the home shows. If you don't start out with a sharp asking price, you will not get the showings-yes, it all ties into each other.

It's all about Price:

The current market we have is a buyers market, meaning there are much more homes on the market than there are buyers. If you are a seller, your home needs to differentiate itself from the many other homes for sale, most importantly from home improvements and pricing.

The first three weeks a home is on the market are very telling. If the home is gettting the showings but not the offers, it might be the time to think about a slight adjustment to the price, showing buyers the motivation to sell. After the first month, homes not getting an offer or two tells us the buyer pool is just not "seeing" the value, and the home that generated all that interest earlier will likely get stale very quickly.

What can a seller do? Adjust the price, or be patient for awhile and ride it out a bit, the factor of why you are selling is so important; did your dream home come on the market? Maybe, you cannot afford your home anymore? Leaving the area? Everyone's situation is different. Yet, if you are buying up, hey, what better time?

When a home is priced sharp right from the kick off, it could generate more than one offer, which can draw the price up. As you can see below we do have one Sold property this past week that came in over the asking price. The other three homes all sold within 99.88% of the asking price; this occurs when priced realistically from the beginning. 

Next week I will share with you how to get your home in selling shape! Dear reader, it's the spring market, and it's time to work it!

Homes Sold in our Community:

Single Family

8  Flanders Lane,  Cortlandt Manor, NY  10567      

Listed Price $1,125,000   Selling Price  $$1,149,900

Days on Market: 230

Year Built: 200

Living Area: 4263

Acreage: 2.632

Bedrooms: 4  Baths: 3.5

School District: Hendrick Hudson

Estimated Tax, not including STAR: $21240

Listing Agent: Helena Macintyre, Coldwell Banker Residential Bokerage

Selling Agent:  Lynne A. Harmonay, North Country Sotheby's Int'l Realty

Town Homes

4903  Manor Dr,  Peekskill, NY  10566 (Chapel Hill)

Listed Price $337,500  Selling Price  $335,500  

Days on Market: 137

Year Built: 1998

Living Area: 1900

Bedrooms: 2  Baths: 2

CC charge: $300.00

Estimated Tax, not including STAR: $8185

Listing Agent: Sandra Smith, BHG Rand Realty

Selling Agent:  Sandra Smith, BHG Rand Realty

Condominiums:

4 Rolling Way #K, Peekskill NY 10566

Listed Price $ 115,00 Selling Price  $ 100,00

Days on Market: 238

Year Built: 1965

Living Area: 713

Bedrooms: 1 Baths: 1

CC charge: $ 417.00

Estimated Tax, not including STAR:  $3258

Listing Agent: Louis Cardillo, Keller Williams Realty

Selling Agency:  Joseph Rivera, Weichert Realtors

33 Waterview Estates #33, Peekskill, NY 10566

Listed Price $ 195,000 Selling Price  $ 185,000

Days on Market: 169

Year Built:  1986

Living Area: 1100

Bedrooms: 2  Baths: 1.1

CC charge: $410.00

Estimated Tax, not including STAR:  $5306

Listing Agent:  Joyce Fillebrown, Coldwell Banker Residential Brokerage

Selling Agency:  Janet Barry, Coldwell Banker Residential Brokerage

This advisory is compiled by Suzanne Welch, Realtor with Coldwell Banker, who welcomes any questions relating to the housing market in Westchester or Putnam Counties. She is reached at 914-557-3760, suzanne4homes@gmail.com, and you can read her blog at www. westchesterhomesblogger.wordpress.com.