J. Philip's Westchester Real Estate Blog

J. Philip Faranda is based in Briarcliff Manor, NY. His market covers Westchester & the Hudson Valley. In addition to owning his growing brokerage, he ranks in the top 10 out of over 7000 agents in the EAMLS for closed transactions each year since 2007. He has appeared on ABC World News, quoted in the NY Times, AOL, AP & many other media. He is also a Vice President for the Empire Access MLS. You can reach him at (914) 723-8900.

Croton on Hudson Real Estate Market First Quarter 2011

Croton on Hudson Home Sales and Values

 

This is the market report for single family homes sold in the Croton-Harmon school district for the first quarter of 2011. All information is sourced fom the Empire Access Multiple Listing Service. 

In the first quarter of 2011, there were 15 closings with a median sale price of $540,000. 

In the first quarter of 2010, there were 11 closings with a median sale price of $542,000. 

4 additional closings at about the exact same median is a step forward over last year. Median price is only $2000 different-negligible. Croton is enjoying what appears to be a robust Spring. 

9 homes are currently under contract at a median asking price of $550,000. This tells me that the activity is not letting up- buyers are making deals. 52 homes are active on the market and available, so buyers don't have the huge inventory to choose from as other places. 

If you'd like to search for a home in Croton or just see where home values are going, get yourself a free Listingbook account and search the MLS like an agent. 

Croton Gorge

Previous posts on Croton are here. 

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  • We Are Westchester County & Metro New York Real Estate. Reach Phil at (914) 723-8900.
  • J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service. 
  • I am one of New York's premier short sale REALTORS, serving Westchester, the Hudson Valley & Metropolitan New York.
  • Free MLS Search! Register for a Free Listingbook account and search the MLS like an agent. 
  • I am hiring agents. We offer outstanding support, marketing resources, and pasta. 
All content/images, unless noted, are the property of J. Philip Faranda & may not be used without permission
12 commentsJ Philip Faranda, Broker-Owner • April 02 2011 08:58PM

Croton on Hudson, NY Real Estate Market October 2010

This market report is for single family homes in the Croton-Harmon school district. All data is from the Empire Access (formerly Westchester-Putnam) MLS. Contract and asking prices are list prices, as contractual prices are not disclosed until closing. 

Croton Real Estate market October 2010

Croton had 5 closings in October at a median price of $400,000, considerably lower than the $679,000 median of a year ago. I wouldn't read too much into this, as the month just had lower prices homes close this time around. Last month the median price of homes under contract was $420,000, so a lower median sales price this month is no surprise. Expect a far higher median price in November. The median asking price of the 12 homes under contract is a very robust $679,000. 60 homes are available for sale.  

To find your dream home in Croton, get yourself a free Listingbook account

Previous posts on Croton on Hudson


 

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Active Rain members-Feed your mind.  

In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono

  • We Are Westchester County & Metro New York Real Estate. Reach Phil at (914) 723-8900.
  • J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service. 
  • I am one of New York's premier short sale REALTORS, serving Westchester, the Hudson Valley & Metropolitan New York.
  • Free MLS Search! Register for a Free Listingbook account and search the MLS like an agent. 
  • I am hiring agents. We offer outstanding support, marketing resources, and pasta. 
All content/images, unless noted, are the property of J. Philip Faranda & may not be used without permission
3 commentsJ Philip Faranda, Broker-Owner • November 06 2010 10:13PM

Memphis Mae's Restaurant

Memphis Mae'sSince I have Croton on the mind, I'll share a recent "date night" Ann and I had recently.

Hey. Get your mind out of the gutter. That's my job.

We went to Memphis Mae's, a terrific Barbecue Restaurant right in the heart of the village with fantastic ribs, wings, pulled pork, Cajun food, and plenty more. 

The decor is very nice: tin ceiling, nice, clean bar (no TV. This is not a pub, and they don't push for a bar crowd. They are about the food), and Mardis Gras beads adorn the fixtures. 

You can get anything from a snack of wings all the way up to a nice steak dinner with all the side dishes you can think of. They have all the things you might expect, like chili, catfish and brisket, but they are creative as well: we had barbecue calamari and fried oysters. As a matter of fact, the choices and combinations were mind boggling. Click on the link and check out their menu. Or, you can check out the menu here, as modeled by the lovely (and shy) former Ms. Lee. 

Memphis Mae's

The prices were very reasonable as well. 

Memphis Mae's is located at Croton Commons, 173 South Riverside Ave, Croton on Hudson, NY 10520. They can be reached at 914-271-0125. 

Memphis Mae's

 

 

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Active Rain members-Feed your mind.  

In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono

  • We Are Westchester County & Metro New York Real Estate. Reach Phil at (914) 723-8900.
  • J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service. 
  • I am one of New York's premier short sale REALTORS, serving Westchester, the Hudson Valley & Metropolitan New York.
  • Free MLS Search! Register for a Free Listingbook account and search the MLS like an agent. 
  • I am hiring agents. We offer outstanding support, marketing resources, and pasta. 
All content/images, unless noted, are the property of J. Philip Faranda & may not be used without permission
2 commentsJ Philip Faranda, Broker-Owner • October 17 2010 11:18PM

Croton Gorge Park

Westchester residents have long known the strategic role our county plays in the New York City water supply. Our network or reservoirs, dams and aqueducts provide the lion's share of water to the largest city in the country, but they also give us some fantastic parks and pieces of scenery. Today I had the opportunity to drive through Cortlandt Manor and Croton on Hudson, and the reservoir views with autumn here were breathtaking.

 Croton Reservoir

Croton Gorge Park is the site of the Croton Dam, which along with Kensico Dam helped create the whole reservoir system. The park is open from 8am to dusk, has plenty of parking and greenery, and the view of the gorge waterfall is awe inspiring. We brought the kids today and they absolutely loved it. I saved it to the GPS favorites so Ann can bring them back whenever she wants. It is 10 minutes from our home and worth a drive far longer. If you are ever near Croton or north Westchester, this is for the bucket list. 

Croton Gorge

Croton Gorge

Croton Gorge Park is just off Route 129, north of the village of Croton on Hudson. It is about 5 minutes from Route 9A. 

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Subscribe to J. Philip's Real Estate Blog by Email

Active Rain members-Feed your mind.  

In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono

  • We Are Westchester County & Metro New York Real Estate. Reach Phil at (914) 723-8900.
  • J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service. 
  • I am one of New York's premier short sale REALTORS, serving Westchester, the Hudson Valley & Metropolitan New York.
  • Free MLS Search! Register for a Free Listingbook account and search the MLS like an agent. 
  • I am hiring agents. We offer outstanding support, marketing resources, and pasta. 
All content/images, unless noted, are the property of J. Philip Faranda & may not be used without permission
3 commentsJ Philip Faranda, Broker-Owner • October 17 2010 11:00PM

Croton on Hudson, NY Real Estate Market September 2010

 

Croton on Hudson is the village directly north of Ossining. It is a very charming locale on the Hudson with parks, great neighborhoods, and a large train station hub on the Metro North Hudson Line. My older brother and his family also live there. I used to camp at Croton Point Park as a Boy Scout, and I have many happy memories of the place. In the near future I'll blog about some great places to dine in Croton.  

This market report is for single family homes in the Croton-Harmon school district. All data is from the Westchester-Putnam MLS. Last month stunk. This month was much better. 

Croton Real Estate market September 2010

Croton had 8 closings in September at a median price of $459,000, doubling the number of sales from a year before, and at a $84,000 higher median price. Very strong. 13 homes are under contract, and 65 are available for sale. The disparity between asking price of the contracted homes ($420,000) and those available ($598,000) speaks to some lofty expectations of the unsold. If asking prices come down some, watch for even healthier numbers. 

To find your dream home in Croton, get yourself a free Listingbook account

Previous posts on Croton on Hudson

 

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Active Rain members-Feed your mind.  

In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono

  • We Are Westchester County & Metro New York Real Estate. Reach Phil at (914) 723-8900.
  • J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service. 
  • I am one of New York's premier short sale REALTORS, serving Westchester, the Hudson Valley & Metropolitan New York.
  • Free MLS Search! Register for a Free Listingbook account and search the MLS like an agent. 
  • I am hiring agents. We offer outstanding support, marketing resources, and pasta. 
All content/images, unless noted, are the property of J. Philip Faranda & may not be used without permission
0 commentsJ Philip Faranda, Broker-Owner • October 10 2010 07:39PM

Croton on Hudson, NY Real Estate Market August 2010

This market report is for single family homes in the Croton-Harmon school district. All data is from the Westchester-Putnam MLS. Last month I wrote the following observation:

The median asking price of $624,450 is over 100k more than the median sales price, so I don't think we'll see a huge increase in volume until buyers and sellers are more aligned. Buyers want to spend less; sellers want more; imagine that. 

Well guess what? See below:


Croton Real Estate market August 2010

Only 1 home closed in Croton in August, and at $425,000, it sold for over $25,000 over asking. Other than that, sellers got nothing. The number of homes under contract swelled up to 17, with a median asking price of...wait for it...$425,000. 

The median asking price of unsold available properties in Croton? $598,500. Does this mean that if you want $600,000 that you'll only get 425? No. But it does mean that the buying public is trending toward lower cost homes in Croton, and that sellers need to review their price if they want to move. The numbers don't lie. Aggressively priced homes sell. Overpriced homes don't. 

Croton on Hudson is a fantastic community. I spent a chunk of my youth there and my brother lives in Croton. But buyers aren't gravitating toward the higher priced homes there at this time, but they'll sign contracts on moderately prices properties. 

Previous posts on Croton on Hudson

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Subscribe to J. Philip's Real Estate Blog by Email

Active Rain members-Feed your mind.  

In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono

  • We Are Westchester County & Metro New York Real Estate. Reach Phil at (914) 723-8900.
  • J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service. 
  • I am one of New York's premier short sale REALTORS, serving Westchester, the Hudson Valley & Metropolitan New York.
  • Free MLS Search! Register for a Free Listingbook account and search the MLS like an agent. 
  • I am hiring agents. We offer outstanding support, marketing resources, and pasta. 
All content/images, unless noted, are the property of J. Philip Faranda & may not be used without permission
4 commentsJ Philip Faranda, Broker-Owner • September 14 2010 11:59AM

Croton on Hudson, NY Real Estate Market July 2010

Croton on Hudson's real estate market appears solid and on the upward trend compared to one year ago. The transaction total is up, the median sales price is up $15,000 to just over half a million, and there are 11 homes under contract, up from 9 last month in this beautiful village on the scenic Hudson River.  

72 homes are available for sale, which is quite a bit of choice for buyers. The median asking price of $624,450 is over 100k more than the median sales price, so I don't think we'll see a huge increase in volume until buyers and sellers are more aligned. Buyers want to spend less; sellers want more; imagine that. 


Croton on Hudson, NY Real Estate Market July 2010

All information is from the Westchester Putnam Multiple Listing Service. 

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Subscribe to J. Philip's Real Estate Blog by Email

Active Rain members-Feed your mind.  

In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono

  • We Are Westchester County & Metro New York Real Estate. Reach Phil at (914) 723-8900.
  • J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service. 
  • I am one of New York's premier short sale REALTORS, serving Westchester, the Hudson Valley & Metropolitan New York.
  • Free MLS Search! Register for a Free Listingbook account and search the MLS like an agent. 
  • I am hiring agents. We offer outstanding support, marketing resources, and pasta. 
All content/images, unless noted, are the property of J. Philip Faranda & may not be used without permission
2 commentsJ Philip Faranda, Broker-Owner • August 09 2010 10:31AM

Croton on Hudson, NY Real Estate Market June 2010

Croton on Hudson is a village located directly north of Ossining in northwest Westchester County in the town of Cortlandt. The train station is considered a busy hub on the Hudson line of Metro North, and the village is also the home of my older brother. Do with that last bit what you will. This market report is for single family homes in the Croton-Harmon school district, which is not coterminous with the village but is close.  All information is from the Westchester Putnam Multiple Listing Service. 

The median price is up $20,000 from last June in Croton. There were also 7 sales this June compared to only 4 last June. There are 9 homes under contract at a rather high median asking price- over $600,000- but inventory of active homes has swelled to 80. Overall, things are looking up. This is getting to be a trend with June's market reports-one wonders how things will go in the post-stimulus world. 

Croton on Hudson, NY Real Estate Market June 2010

Croton on Hudson

 

Previous posts on Croton on Hudson

 

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Active Rain members-Feed your mind.  

In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono

  • We Are Westchester County & Metro New York Real Estate. Reach Phil at (914) 723-8900.
  • J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service. 
  • I am one of New York's premier short sale REALTORS, serving Westchester, the Hudson Valley & Metropolitan New York.
  • Free MLS Search! Register for a Free Listingbook account and search the MLS like an agent. 
  • I am hiring agents. We offer outstanding support, marketing resources, and pasta. 
All content/images, unless noted, are the property of J. Philip Faranda & may not be used without permission
2 commentsJ Philip Faranda, Broker-Owner • July 11 2010 09:52PM

Croton on Hudson, NY Real Estate Market May 2010

Croton on Hudson is a charming village located in northwest Westchester County in the town of Cortlandt.  This market report is for single family homes in the Croton-Harmon school district, which is not coterminous with the village but is close.  All information is from the Westchester Putnam Multiple Listing Service. 

Prices are up considerably in Croton, but there were only 3 closed sales in May compared to 6 in May 2009. The area tends to be in close harmony with the school year cycle, so I expect a busy June because school is out and the stimulus deadline is June 30.

11 homes are under contract or pending sale, and there are 68 homes listed actively for sale. Buyers have lots of options to choose from in Croton. 

Croton real estate market May 2010

To give some perspective, Croton had 1 closing in May of 2006 and 6 closings in May 2005, at the height of the market. 

Where is Croton on Hudson?

 

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Subscribe to J. Philip's Real Estate Blog by Email

Active Rain members-Feed your mind.  

In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono

  • We Are Westchester County & Metro New York Real Estate. Reach Phil at (914) 723-8900.
  • J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service. 
  • I am one of New York's premier short sale REALTORS, serving Westchester, the Hudson Valley & Metropolitan New York.
  • Free MLS Search! Register for a Free Listingbook account and search the MLS like an agent. 
  • I am hiring agents. We offer outstanding support, marketing resources, and pasta. 
All content/images, unless noted, are the property of J. Philip Faranda & may not be used without permission
4 commentsJ Philip Faranda, Broker-Owner • June 10 2010 09:12PM

Croton on Hudson, NY: Arrowcrest Subdivision

Arrowcrest is small, exclusive neighborhood in Croton on Hudson that has a beautiful view of the Hudson River and abuts Hudson National Golf Club. The striking thing about the development is the great job they did to blend Arrowcrest homes in with the wooded nature of the area. The builder did not "scorch the Earth" and clear cut every inch the way I have lamented in the past. This is not only prettier, it yields more privacy for the homes. Although the oldest home here is only about 12, the maturity of the Arrowcrest neighborhood makes it feel far more established. 

Arrowcrest Home with Hudson views Arrowcrest Home

The subdivision was built mostly from 1998-2000. The average Arrowcrest home is about 4000 square feet with a 1-plus-acre lot. The last three sales in the development, all within the last 6 months, ranged from $875,000 to $910,000. There is a homeowner's association. Despite the atmosphere that suggests the contrary, the neighborhood enjoys municipal services for water and sewer- no wells or septic tanks here. Homes feature 2 car garages, full basements, central air conditioning, hydro air heat, and kitchens and master suites to die for. 

Arrowcrest Home in Spring Arrowcrest Hudson View

The school district serving Arrowcrest homeowners is Croton-Harmon, which encompasses Tompkins Elementary, Van Cortlandt Middle School, and Croton-Harmon Senior High School. In addition to the golf course next door, there is Croton Point Park, Teatown Nature Reservation, and shopping in Mt Kisco or Peekskill is also close by. The Village of Croton is 5 minutes away down Riverside Avenue. To get anywhere from Arrowcrest you drive down the main road with a spectacular view of the Hudson River. 

There is to be sure plenty of upscale housing in north Westchester; however, to get newer vintage homes in a wooded setting with a view of the Hudson is rare, and that scarcity makes Arrowcrest special indeed.

Welcome to Arrowcrest

Welcome to Arrowcrest 

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Subscribe to J. Philip's Real Estate Blog by Email

Active Rain members-Feed your mind.  

In 2012, I Will Sell a Home for US Veteran Facing Hardship Pro Bono

  • We Are Westchester County & Metro New York Real Estate. Reach Phil at (914) 723-8900.
  • J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service. 
  • I am one of New York's premier short sale REALTORS, serving Westchester, the Hudson Valley & Metropolitan New York.
  • Free MLS Search! Register for a Free Listingbook account and search the MLS like an agent. 
  • I am hiring agents. We offer outstanding support, marketing resources, and pasta. 
All content/images, unless noted, are the property of J. Philip Faranda & may not be used without permission
3 commentsJ Philip Faranda, Broker-Owner • April 05 2010 04:56PM