Home Sales Report. Bill Boeckelman Your Real Estate Information Resource

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1 2009 Home Sales Report Dobbs Ferry, NY (Dobbs Ferry School District) January 1, December 31, 2009 Bill Boeckelman Your Real Estate Information Resource (914) Google: Bill Boeckelman

2 This report is a compilation of data from the Westchester-Putnam Multiple Listing Service regarding Single Family Home Sales Within The Dobbs Ferry School District Between January 1, 2009 and December 31, NOTE: A portion of the Village of Dobbs Ferry happens to be located outside of the Dobbs Ferry school district and statistics regarding those homes are not included in this report while statistics for the small portion of the Village of Irvington that is within the school district are included. The report includes only information that was recorded with the Westchester-Putnam Multiple Listing Service. Information pertaining to direct sales accomplished without the benefit of a Realtor are not available from this source and, therefore, are not included in this report. A property is considered sold after ownership changes hands (the title passes). List prices indicated in this report are the final list prices that were recorded on the Multiple Listing Service before the property was sold. Price changes that may have occurred earlier in the property s listing history will not be indicated. In addition, certain properties may have had other listing histories under different MLS numbers that did not result in a sale. Data from these other listing histories will not be reflected in this report. This report has been extracted directly from the WPMLS and has not been cross referenced by our office with the information recorded at the Westchester County Clerk s office. Data maintained by WPMLS may not reflect all of the activity in the market. Report Overview Dobbs Ferry # of Units Sold Average Sale Price Median Sale Price Lowest Sale Price Highest Sale Price Average Time on Market Sale Price/ List Price Percentage $838,090 $735,000 $350,000 $3,250, days 97.68% $909,778 $741,000 $335,000 $4,100, days 96.39% $800,393 $670,000 $400,000 $2,250, days 96.56% $858,491 $630,000 $352,000 $4,350, days 96.46% $839,030 $635,500 $306,000 $2,700, days 94.50% Note 1: Average time on the market was more than 7 months (213 days). Note 2: Despite the poor market conditions, two properties sold AT the asking price (full price) and five sold OVER the asking price. This means 17.5% of the sales (7 of 40) sold either at or above the asking price Note 3: 40 transactions per year is an absorption rate of only 3.33 homes per month Note 4: The sale price/list price percentage of 94.5% means that homes are selling within 5.5% of their last list price. In many instances, however, the list price at the time of the sale was not the original (higher) list price. Note 5: The average sale price was down 2.3% from the previous year while the median sale price was UP slightly (.8%) Note 6: In general the 2009 statistics are based upon a very small number of transactions and therefore, it is difficult to attach much significance to these numbers. However, the table clearly illustrates how dramatically the real estate market has declined since Special Note: When considering "averages", it is important to keep in mind that statistically speaking, a person standing with one foot in a roaring fire and the other foot in a bucket of ice water, is ("on the average") said to be quite comfortable. Bill Boeckelman Publications All rights reserved.

3 Dobbs Ferry 2009 Home Sales Report - Page 1 MLS #: SOLD Address: 11 Ogden Ave List Price: $295,000 BR: 3 Baths: 1.2 Sq Ft: 1,215 Acre:.11 Est Taxes: 1890 $10,500 Prkng: 2 Car Detached Sale Date: 10/22/2009 DOM: 69 days SALE PRICE: $306,000 MLS #: SOLD Address: 11 Round Hill Rd List Price: $395,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Town House BR: 2 Baths: 1.1 Sq Ft: 1,216 Acre:.05 Est Taxes: 1978 $11,452 Prkng: Assigned Sale Date: 8/7/2009 DOM: 164 days SALE PRICE: $380,000 MLS #: SOLD Address: 130 Palisade St List Price: $435,000 BR: 2 Baths: 1 Sq Ft: 1,551 Acre:.11 Est Taxes: 1870 $7,601 Prkng: 1 Car Detached Sale Date: 6/22/2009 DOM: 245 days SALE PRICE: $397,500 MLS #: SOLD Address: 51 Ogden Ave List Price: $439,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Ranch BR: 3 Baths: 1 Sq Ft: 884 Acre:.16 Est Taxes: 1951 $12,396 Prkng: 1 Car Attached Sale Date: 10/9/2009 DOM: 198 days SALE PRICE: $400,000 MLS #: SOLD Address: 32 Ogden Pl List Price: $434,900 BR: 2 Baths: 1 Sq Ft: 1,140 Acre:.11 Est Taxes: 1930 $7,844 Prkng: 1 Car Attached Sale Date: 11/17/2009 DOM: 133 days SALE PRICE: $434,000 MLS #: SOLD Address: 4 Brookside Ln List Price: $472,000 BR: 3 Baths: 1.1 Sq Ft: 1,386 Acre:.11 Est Taxes: 1972 $13,294 Prkng: 1 Car Detached Sale Date: 8/24/2009 DOM: 301 days SALE PRICE: $450,000 MLS #: SOLD Address: 88 Belden Ave List Price: $499,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Other BR: 4 Baths: 2 Sq Ft: 1,598 Acre:.25 Est Taxes: 1952 $14,255 Prkng: 1 Car Attached Sale Date: 6/10/2009 DOM: 353 days SALE PRICE: $470,000

4 Dobbs Ferry 2009 Home Sales Report - Page 2 MLS #: SOLD Address: 19 Riverside Pl List Price: $499,999 BR: 3 Baths: 2.1 Sq Ft: 2,000 Acre:.09 Est Taxes: 1964 $16,286 Prkng: 1 Car Attached Sale Date: 7/2/2009 DOM: 206 days SALE PRICE: $480,000 MLS #: SOLD Address: 20 Luzern Rd List Price: $499,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Ranch BR: 3 Baths: 3 Sq Ft: 2,100 Acre:.11 Est Taxes: 1960 $13,543 Prkng: 1 Car Attached Sale Date: 12/11/2009 DOM: 303 days SALE PRICE: $485,000 MLS #: SOLD Address: 83 Washington Ave List Price: $519,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Ranch BR: 3 Baths: 2 Sq Ft: 1,325 Acre:.30 Est Taxes: 1951 $17,217 Prkng: 1 Car Attached Sale Date: 12/29/2009 DOM: 266 days SALE PRICE: $485,000 MLS #: SOLD Address: 78 Briary Rd List Price: $499,999 Village: Dobbs Ferry PO: Dobbs Ferry Style: Split BR: 3 Baths: 2 Sq Ft: 2,496 Acre:.26 Est Taxes: 1958 $17,500 Prkng: 2 Car Attached Sale Date: 11/24/2009 DOM: 278 days SALE PRICE: $499,999 MLS #: SOLD Address: 94 Ashford Ave List Price: $489,900 Village: Dobbs Ferry PO: Dobbs Ferry Style: Other BR: 3 Baths: 2 Sq Ft: 2,016 Acre:.23 Est Taxes: 1850 $14,167 Prkng: Driveway Sale Date: 4/15/2009 DOM: 562 days SALE PRICE: $500,000 MLS #: SOLD Address: 51 Walgrove Ave List Price: $519,000 BR: 3 Baths: 1 Sq Ft: 1,312 Acre:.12 Est Taxes: 1920 $12,934 Prkng: 1 Car Detached Sale Date: 7/17/2009 DOM: 123 days SALE PRICE: $500,000 MLS #: SOLD Address: 9 Highland Ave List Price: $519,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Ranch BR: 3 Baths: 1 Sq Ft: 1,200 Acre:.17 Est Taxes: 1955 $14,240 Prkng: 2 Car Attached Sale Date: 2/26/2009 DOM: 140 days SALE PRICE: $513,000

5 Dobbs Ferry 2009 Home Sales Report - Page 3 MLS #: SOLD Address: 32 Manor House Ln List Price: $549,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Town House BR: 3 Baths: 2.1 Sq Ft: 1,989 Acre:.14 Est Taxes: 1981 $19,268 Prkng: 1 Car Attached Sale Date: 10/15/2009 DOM: 90 days SALE PRICE: $517,500 MLS #: SOLD Address: 1 Springhurst Park List Price: $574,500 Village: Dobbs Ferry PO: Dobbs Ferry Style: Raised Ranch BR: 4 Baths: 2 Sq Ft: 2,163 Acre:.23 Est Taxes: 1964 $16,156 Prkng: 2 Car Attached Sale Date: 9/18/2009 DOM: 128 days SALE PRICE: $540,000 MLS #: SOLD Address: 25 Walgrove Ave List Price: $560,000 BR: 4 Baths: 1.1 Sq Ft: 1,800 Acre:.13 Est Taxes: 1949 $13,307 Prkng: 1 Car Attached Sale Date: 10/16/2009 DOM: 76 days SALE PRICE: $560,000 MLS #: SOLD Address: 26 Manor House Ln List Price: $599,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Town House BR: 3 Baths: 2.1 Sq Ft: 1,989 Acre:.11 Est Taxes: 1981 $16,521 Prkng: 1 Car Attached Sale Date: 2/23/2009 DOM: 164 days SALE PRICE: $575,000 MLS #: SOLD Address: 2 Appleton Pl List Price: $599,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Cape Cod BR: 4 Baths: 3 Sq Ft: 2,052 Acre:.32 Est Taxes: 1930 $19,188 Prkng: 2 Car Attached Sale Date: 12/21/2009 DOM: 382 days SALE PRICE: $580,000 MLS #: SOLD Address: 21 Fairlawn Ave List Price: $639,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Contemporary BR: 4 Baths: 3 Sq Ft: 1,776 Acre:.12 Est Taxes: 1985 $18,368 Prkng: Driveway Sale Date: 4/1/2009 DOM: 345 days SALE PRICE: $607,000 MLS #: SOLD Address: 35 Hillside Rd List Price: $719,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Split BR: 3 Baths: 2 Sq Ft: 1,900 Acre:.30 Est Taxes: 1960 $15,780 Prkng: 1 Car Attached Sale Date: 9/25/2009 DOM: 101 days SALE PRICE: $660,000

6 Dobbs Ferry 2009 Home Sales Report - Page 4 MLS #: SOLD Address: 18 Hilldale Rd List Price: $709,000 BR: 4 Baths: 3.1 Sq Ft: 2,434 Acre:.13 Est Taxes: 2003 $18,950 Prkng: 1 Car Attached Sale Date: 12/16/2009 DOM: 281 days SALE PRICE: $677,500 MLS #: SOLD Address: 33 Livingston Ave List Price: $750,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Victorian BR: 4 Baths: 3.1 Sq Ft: 2,800 Acre:.18 Est Taxes: 1895 $17,183 Prkng: Driveway Sale Date: 5/21/2009 DOM: 490 days SALE PRICE: $695,000 MLS #: SOLD Address: 325 Clinton Ave List Price: $755,000 BR: 4 Baths: 2.1 Sq Ft: 2,400 Acre:.20 Est Taxes: 1938 $21,000 Prkng: 2 Car Attached Sale Date: 9/6/2009 DOM: 167 days SALE PRICE: $730,000 MLS #: SOLD Address: 257 Palisade Ave List Price: $849,000 BR: 3 Baths: 3 Sq Ft: 2,556 Acre:.43 Est Taxes: 1942 $26,470 Prkng: 1 Car Detached Sale Date: 4/27/2009 DOM: 113 days SALE PRICE: $750,000 MLS #: SOLD Address: 62 Landing Dr List Price: $749,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Town House BR: 4 Baths: 2.1 Sq Ft: 2,800 Acre:.09 Est Taxes: 2002 $27,350 Prkng: 2 Car Attached Sale Date: 9/30/2009 DOM: 191 days SALE PRICE: $760,000 MLS #: SOLD Address: 73 Southlawn Ave List Price: $799,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: A Frame BR: 3 Baths: 2.1 Sq Ft: 2,284 Acre:.47 Est Taxes: 1964 $26,130 Prkng: 1 Car Detached Sale Date: 10/7/2009 DOM: 121 days SALE PRICE: $770,000 MLS #: SOLD Address: 12 Palisade St List Price: $749,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Victorian BR: 3 Baths: 2.1 Sq Ft: 1,500 Acre:.16 Est Taxes: 1860 $14,265 Prkng: Driveway Sale Date: 11/19/2009 DOM: 149 days SALE PRICE: $781,692

7 Dobbs Ferry 2009 Home Sales Report - Page 5 MLS #: SOLD Address: 296 Clinton Ave List Price: $849,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Split BR: 6 Baths: 2.1 Sq Ft: 3,000 Acre:.60 Est Taxes: 1955 $25,366 Prkng: 2 Car Attached Sale Date: 8/3/2009 DOM: 402 days SALE PRICE: $800,000 MLS #: SOLD Address: 92 Magnolia Dr List Price: $899,999 BR: 3 Baths: 2.1 Sq Ft: 2,500 Acre:.30 Est Taxes: 1931 $25,315 Prkng: 2 Car Attached Sale Date: 12/9/2009 DOM: 226 days SALE PRICE: $872,000 MLS #: SOLD Address: 297 Palisade Ave List Price: $975,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Tudor BR: 3 Baths: 2.2 Sq Ft: 1,819 Acre:.65 Est Taxes: 1922 $28,129 Prkng: 2 Car Detached Sale Date: 9/29/2009 DOM: 126 days SALE PRICE: $900,000 MLS #: SOLD Address: 79 Landing Dr List Price: $1,049,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Town House BR: 5 Baths: 3.1 Sq Ft: 3,800 Acre:.12 Est Taxes: 2002 $27,112 Prkng: 2 Car Attached Sale Date: 10/22/2009 DOM: 268 days SALE PRICE: $965,000 MLS #: SOLD Address: 54 Magnolia Dr List Price: $995,000 BR: 3 Baths: 3.1 Sq Ft: 2,519 Acre:.12 Est Taxes: 1910 $19,505 Prkng: 1 Car Attached Sale Date: 7/23/2009 DOM: 118 days SALE PRICE: $1,055,000 MLS #: SOLD Address: 32 Magnolia Dr List Price: $1,095,000 BR: 4 Baths: 2.1 Sq Ft: 2,780 Acre:.29 Est Taxes: 1905 $22,866 Prkng: 2 Car Detached Sale Date: 5/19/2009 DOM: 116 days SALE PRICE: $1,090,000 MLS #: SOLD Address: 4 Hudson East Rd List Price: $1,600,000 Village: Irvington PO: Irvington Style: Colonial BR: 5 Baths: 3.3 Sq Ft: 4,265 Acre:.40 Est Taxes: 1932 $41,480 Prkng: 2 Car Attached Sale Date: 10/30/2009 DOM: 186 days SALE PRICE: $1,550,000

8 Dobbs Ferry 2009 Home Sales Report - Page 6 MLS #: SOLD Address: 2 N Mountain Dr List Price: $1,675,000 BR: 6 Baths: 4.1 Sq Ft: 4,270 Acre:.93 Est Taxes: 1925 $34,983 Prkng: 2 Car Attached Sale Date: 11/20/2009 DOM: 165 days SALE PRICE: $1,575,000 MLS #: SOLD Address: 219 Palisade Ave List Price: $1,795,000 BR: 6 Baths: 3.2 Sq Ft: 3,500 Acre:.38 Est Taxes: 1914 $20,825 Prkng: 2 Car Detached Sale Date: 10/23/2009 DOM: 182 days SALE PRICE: $1,650,000 MLS #: SOLD Address: 9 Cricket Ln List Price: $2,590,000 Village: Dobbs Ferry PO: Dobbs Ferry Style: Tudor BR: 6 Baths: 6.1 Sq Ft: 5,697 Acre:.85 Est Taxes: 2007 $40,000 Prkng: 2 Car Attached Sale Date: 10/23/2009 DOM: 73 days SALE PRICE: $2,400,000 MLS #: SOLD Address: 3 W Hudson Rd List Price: $2,900,000 Village: Irvington PO: Irvington Style: Colonial BR: 5 Baths: 5.1 Sq Ft: 7,000 Acre: 1.60 Est Taxes: 1910 $65,362 Prkng: 2 Car Attached Sale Date: 3/6/2009 DOM: 358 days SALE PRICE: $2,500,000 MLS #: SOLD Address: 8 Hancock Pl List Price: $2,975,000 Village: Irvington PO: Irvington Style: Colonial BR: 6 Baths: 4.1 Sq Ft: 6,000 Acre:.81 Est Taxes: 1895 $65,302 Prkng: Driveway Sale Date: 10/1/2009 DOM: 169 days SALE PRICE: $2,700,000

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