Business & Tech

Report: Yorktown Homes Are More Expensive Than State, National Averages

The document shows the average listing price for a specific property is approximately $300,000 less than a similar home in Yorktown.

Yorktown falls within the most expensive chunk of average listing prices for a four-bedroom, two-bathroom home compared among 164 markets across the state, according to data released Wednesday.

The document, Coldwell Banker's Home Listing Report, has two listings for the town-- Yorktown and Yorktown Heights. Yorktown's market at 150, with its $569,317 average listing for the described property; while Yorktown Heights is ranked at 159 with its $661,608 average listing. 

The 2011 Home Listing Report (HLR), compared the average home listing price of four-bedroom, two-bathroom properties listed on coldwellbanker.com between Sept. 2010 and March 2011. 

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Niagra Fall's market is the number one listing at $60,820, while Ossining's market rounds out the list at 165, with a listing price of $919,986, making it the most expensive market. 

Yorktown is sandwiched between Somers and Cortlandt, at $778,400 and $476,800, respectively. Carmel falls behind Yorktown at number 141, at $518,923. 

Find out what's happening in Yorktown-Somersfor free with the latest updates from Patch.

Overall, the state's average listing price for the described property is $367,963, while the national average is $293,251, according to a press release from Coldwell Banker.

A press release from the company notes that "there was not a preponderance of the sample property listed on coldwellbanker.com in Manhattan, New York during the timeframe this report's data was gathered and therefore this market is not included in the Home Listing Report."

"We know that home buying remains a deeply personal lifestyle decision, and we believe that reports like this, along with trusted real estate agents, will help to today’s buyers make smart decisions," said Jim Gillespie, chief executive officer, Coldwell Banker Real Estate LLC. 

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