J. Philip's Westchester Real Estate Blog: Hundreds of Westchester Homes Priced Under $400,000

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.

Hundreds of Westchester Homes Priced Under $400,000

When I first started my company in 2005, there were almost no single family homes in Westchester County priced below $500,000. Often, they'd be undesirable little shacks with 2 bedrooms and no yard. Not so today. As I type this, there are 319 single family homes  actively for sale in Westchester County under $400,000 with 3 or more bedrooms. They are all over the place too; north, south and central parts of the county all have inventory. I did a perfunctory search on the MLS ( Westchester Putnam Multiple Listing Service) this morning, and I saw 3 bedroom Westchester homes (not condos or co ops, but single family homes with yards) in Bedford, Cortlandt, Yorktown, White Plains, Elmsford, Ossining, Croton on Hudson, Yonkers, Mt Vernon, Port Chester, Peekskill, Mt Kisco, West Harrison, Sleepy Hollow and South Salem, just to start.

See for yourself. Log onto Listingbook for free and search the same MLS database I search and check out the inventory. Search by school district, zip code, town, and whatever other criteria you deem important. Thanks to Wikipedia Commons, I have posted the map below of Westchester County showing the municipal and school district boundaries. It gives a good approximation of lay of the land, and if you want to see a larger version click on Wikipedia Commons.  

Westchester School District Map

I get asked every day if now is a good time to buy. It depends on your circumstances. Given the low rates, $8,000 tax credit, pricing and available inventory, buyers are in a better position now than they have been in many years. If you are on the fence, contact me with any questions you might have and we can weigh the pros and cons for your situation. In case you're wondering, I have indeed told people if I thought they weren't in a good position to buy.  

If you are thinking of moving to Westchester from elsewhere, as a native of "the 914" who spent 15 years in 5 other states, it is a wonderful place to live. Peruse my blog and check out my other posts on this county. All are welcome, even Met and Red Sox fans. 

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  • J. Philip Faranda, Broker-owner, J. Philip Real Estate, LLC. Vice President, Empire Access Multiple Listing Service. 
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5 commentsJ Philip Faranda, Broker-Owner • February 11 2010 06:33AM

Comments

Same thing here, although homes in popular school districts have and will always retain their value far better than the average market. 

 

Posted by Lenn Harley, Real Estate Broker, Virginia & Maryland (Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate) almost 2 years ago

Wow-that is a good price for that area of town. I will always love the City.

Posted by Harry F. D'Elia, Investor , Mentor, CSSN Radio Coach, REOs, Networker, ePRO, CDPE (Properties R Us LLC) almost 2 years ago

Thanks for the update!!! Wow, awesome real estate blog.

Posted by The Plaza Brickell almost 2 years ago

Thanks for the update!!! Wow, awesome real estate blog.

Posted by The Plaza Brickell almost 2 years ago

I LOVE YOUR BLOG. ARE YOU HOT & SINGLE

Posted by James Doyle about 1 year ago

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