August Sales and Deals

August was a pretty slow month. The number of homes going to contract in the area dropped a bit from July and very few previously-featured Hot Properties went to contract or sold. On the other hand, the local picture seems remarkably stable compared to the recent "plunge" in the national market I've read about. Wonder what the fall will bring?

Contracts signed on single-family homes
July: 73
August: 62

Hot Properties That Went to Contract

Location: Katonah
Featured: May 13, 2010
Asking Price When Featured: $949,000
Last Asking Price: $949,000

Hot Properties That Closed

Location: Croton
Featured: January 12, 2010 
Asking Price When Featured: $489,000
Last Asking Price: NA
Sold for: $425,000

Location: Ossining
Featured: November 24, 2009
Asking Price When Featured: $494,222
Last Asking Price: $449,999
Sold for: $436,500