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Larchmont, NY Real Estate News

By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
   My manager, Carolyn Fugere   (see here on the far left with Ali Greene, Patti Anderson and Daniel DeMasi)  has in-exhaustive energy.  She decided to have a haunted house within our office both last year and this year, and my fellow associates worked really hard to make the office look both scary  (but not too scary) but also fun. Mr. Paul Breunich donated the huge Hershey Candy bars for the young ‘trick or treaters ‘ and I understand 215 chocolate bars were given out in just over an hour before the Annual Larchmont Ragamuffin Parade. This wonderful festive event was postponeed this year from October 22nd to Saturday the 29th due to inclement weather but it was well worth the wait! So many wonderful reasons to reside in Larchmont, and this event is one of them! Larchmont is GREAT!
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By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
I work with wonderful agents.  Everyone is busy, and we are all working hard to help our collective clients and customers. We work together as a team. As a team, we are successful. My manager, Carolyn Fugere, is an extremely hardworking Manager, who strives for the very best and is constantly volunteering her services for one charity or another. As the President of the Larchmont Chamber of Commerce,  she is constantly planning events for the local businesses/ shop/store owners, and it is hard work! Together, in between  helping us all on a daily basis with her sage advice, recruiting new associates, and always training and teaching us all,  there comes a time when we must all relax and appreciate each other as people.My associates are all great, and I will pop into the office to discove...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
SalesThere were 34 Larchmont NY single family home sales in June. This is up 54.5% from 22 in June of 2015. This is the highest unit sales have been since 36 in July, 2015. Sales/list price ratio in June moved up to 101.2% from 98.9% in May.PricesMedian price in June was $1,127,500. This is down 10.5% from $1,260,000 in June of 2015. 3-month median price of $1,100,000 in June was up marginally from $1,049,000 in May but down a little from $1,285,000 in June of 2015. Price per square foot in June was $540. This is up from $459 in May and up from $536 in June of 2015.InventoryInventory of 54 in June was down 21.7% from 69 in May and down 28.9% from 76 in June of 2015. New listings of 19 in June were down substantially from 39 in May and way down from 32 in June of 2015. Months of supply o...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
Sales There were 22 unit sales in April. This is up 175.0% from 8 in April of 2015. This is the highest unit sales have been since 26 in August, 2015.Sales/list price ratio in April moved up to 98.1% from 96.4% in March.Prices Median price in April was $1,350,179. This is down 13.3% from $1,556,500 in April of 2015. 3-month median price this month is $1,162,500, the same as last month. Price per square foot in April was $577. This is up from $483 in March but down from $585 in April of 2015.Inventory Inventory this month is 68, the same as last month. New listings of 41 in April were down somewhat from 55 in March and down modestly from 48 in April of 2015. Months of supply of 3.8 in April was down a little from 4.1 in March but up slightly from 3.6 in April of 2015.Market Time Days on ...
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By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
   Clients are purchasing a wonderful home in Larchmont, New York 10538. Just a few blocks from the train station (yes, you can buy a great home in Larchmont and walk to the trains too!). They also needed to pop into the house and interview some contractors. So, while they were busy  interviewing and asking questions, and after I had completed my emails, I started to look out of the window. The garden is larger than many in the area, at 0.29 of an acre, and the day was sunny and great! Well, so thought the chipmunk too! I had to take a short video of the chipmunk as he/she popped in and out of his abode. Yes, LARCHMONT is GREAT!
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
SalesThere were 12 unit sales in March. This is down 33.3% from 18 in March of 2015. Sales/list price ratio in March moved down to 96.4% from 99.9% in February.PricesMedian price in March was $1,012,500. This is down 21.1% from $1,282,550 in March of 2015. 3-month median price of $1,162,500 in March was down just slightly from $1,220,500 in February and down a little from $1,293,750 in March of 2015. Price per square foot in March was $483. This is up from $467 in February but down from $598 in March of 2015.Inventory Inventory of 68 in March was up 28.3% from 53 in February and up 58.1% from 43 in March of 2015. New listings of 55 in March were way up from 34 in February and up substantially from 36 in March of 2015. Months of supply of 4.1 in March was up considerably from 3.1 in Febr...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
SalesThere were 15 unit sales in February. This is up 150.0% from 6 in February of 2015. This is the highest unit sales have been since 17 in September, 2015. Sales/list price ratio in February moved down to 99.9% from 102.5% in January.Prices Median price in February was $998,888. This is down 25.3% from $1,337,500 in February of 2015. 3-month median price of $1,220,500 in February was down marginally from $1,278,000 in January but up a little from $1,115,000 in February of 2015. Price per square foot in February was $467. This is down from $498 in January and down from $494 in February of 2015.InventoryInventory of 53 in February was up 26.2% from 42 in January and up 51.4% from 35 in February of 2015. New listings of 34 in February were up substantially from 25 in January and way up ...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
Sales Unit sales in December were 15, unchanged from the same month last year. Sales/list price ratio in December moved down to 96.1% from 102.1% in November.PricesMedian price in December was $1,525,000. This is up 64.9% from $925,000 in December of 2014. This is the highest median price has been since April, 2015. 3-month median price of $1,350,000 in December was up slightly from $1,285,000 in November and up substantially from $999,000 in December of 2014. Price per square foot in December was $507. This is up from $505 in November and up from $470 in December of 2014.Inventory Inventory of 37 in December was down 21.3% from 47 in November but up 54.2% from 24 in December of 2014. New listings of 4 in December were down considerably from 12 in November but way up from 1 in December ...
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By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
  This past May marked a wondrous, fun event,  “A Taste of Larchmont” launched and organized by the Julia B. Fee Sotheby’s Larchmont Manager, Carolyn Fugere. Over $24000 was raised for  “My Sister’s Place” , a caring and important organization. (My Sisters’ Place strives to engage each member of society in our work to end domestic violence, so that all relationships can embrace the principles of respect, equality, and peacefulness.  We advance this mission with direct services, advocacy and community education). My Associates in the Larchmont Julia B. Fee office all devoted a great deal of time in procuring donations from the local stores and companies, and being on hand the day of the event to be hosts and hostesses at the various restaurants and stores where people were able to taste ...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
Sales There were 9 unit sales in October. This is down 10.0% from 10 in October of 2014. This is the lowest unit sales have been since 8 in April, 2015. Sales/list price ratio in October moved down to 96.2% from 101.2% in September.Prices Median price in October was $1,285,000. This is up 26.9% from $1,012,225 in October of 2014. 3-month median price of $1,320,250 in October was down a little from $1,345,000 in September but up somewhat from $1,086,250 in October of 2014. Price per square foot in October was $446. This is up from $440 in September but down from $622 in October of 2014.Inventory Inventory of 64 in October was up 4.9% from 61 in September and up 36.2% from 47 in October of 2014. New listings of 26 in October were down modestly from 31 in September but up considerably from...
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By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
   It is always fun to treat yourself…. I have heard so many nice things about Le Sirene, which opened in Larchmont after a long awaited opening (8 months in renovation), on June 30th, 2015. A pretty restaurant, with romantic Italian music, the ambiance is definitely in abundance. When I popped in for a quick luncheon, which was slightly later in the day, they nevertheless served me quite graciously. I absolutely loved the pizza oven (of course a necessity), and I also appreciated the linen clad tables, and the menu.  I had heard rave reviews about the grilled Octopus, and so I declined the luncheon Prix-Fixe menu ($28 which included soup//salad, entrée and dessert), and opted for the “Polipetti teneri arrosto con pomodori brasati ”  Tender roasted baby octopus with braised cherry tomat...
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By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
  The children (and adults) in the Larchmont area are excitedly awaiting for tomorrow’s Ragamuffin Parade in Larchmont. It starts at 1 p.m. from Larchmont Avenue and Palmer Avenue and the little ones (and big ones) parade down the avenue to the Fire Department (with complimentary hot dogs by the Fire Department.  However, the Julia B. Fee Sotheby’s Larchmont office long ago noticed that, with so much excitement and anticipation, the children would arrive very early.. perhaps on the parents’ part to gain better parking, or simply to allow their little ones a wonderful long lasting happy event. SO,  in the hope of helping out the parents and helping to fulfill a wonderful event and long lasting memory for their children, Julia B. Fee Sotheby’s is hosting a “Haunted House” from 11:30 -1 p....
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By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
   Augie’s, a local landmark for the past 25 years will be closing on the 22nd of October, and (hopefully) opening  by Thanksgiving  at 94 Chatsworth Avenue in Larchmont. Renovations have already begun, and they are very excited at the move.   The menu at Augie’s is vast, and all so tasty…  my sons love the Chicken Parmigiana with the Penne ( 6 portions all for $25.95) and the house salad ( huge as the Donald would say and just $9.95). My family has enjoyed so many delicious family style meals at the restaurant these past years…  I can recall taking one of my sons there with his friends for a Birthday party, and having them choose songs from the accordion player who would be there for requests on a Saturday evening  (my son loves  aviation so his choice was “The air force song” but a di...
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By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
     A little late in posting, but I still wanted to commemorate the event with my own blog post.. (hey, real estate got in the way!)..  I arrived late as I was showing some beautiful homes in the Manor.. but another story.. SO, when I did finally arrive after 3 p.m.,  the street was crowded, everyone was truly enjoying themselves, and it was definitely an event to remember.. but isn’t that what we think of Larchmont? A beautiful area that is always memorable? There was a pie eating contest, delicious food being sold everywhere (always a long line by the Walter’s Van!),  non-stop music, beautiful artwork to both enjoy and purchase, a booth for our local Police Department, our Fire Department was selling T-Shirts for charity and, of course, it was simply a wonderful event in which to see...
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By Christopher Pagli, "I Stay Open Until You Close"
(William Raveis Legends Realty Group)
 SalesThere were 36 unit sales in July. This is down 2.7% from 37 in July of 2014. This is the highest unit sales have been since 37 in July, 2014. Sales/list price ratio in July moved up to 101.5% from 99.7% in June.  PricesMedian price in July was $1,360,500. This is up 11.8% from $1,217,000 in July of 2014. 3-month median price of $1,295,000 in July was very slightly up from $1,285,000 in June and up slightly from $1,180,000 in July of 2014. Price per square foot in July was $528. This is down from $536 in June but up from $475 in July of 2014.  InventoryInventory of 65 in July was down 15.6% from 77 in June and down 1.5% from 66 in July of 2014. New listings of 14 in July were down substantially from 32 in June and down considerably from 20 in July of 2014. Months of supply of 4 in ...
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By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
    Every successful office and real estate  agent needs a team.  The Julia B. Fee Sotheby’s Office is blessed to have such a robust,  knowledgeable group of professionals; a support system in over drive! The current team of 7 are present in the office to offer advice, their invaluable knowledge, and always with patience, humor, and intelligence. With an office of over 50 agents, patience is especially important! We mentioned our weekend Ambassador, Marilyn Liebenguth, in an earlier blog post for good reason, and it is now time to brag about our unbelievably talented team of weekday Ambassadors. Firstly, it is so important to have a dedicated group of Administrators, and staff. They are our creative force, creating the brochures, making them look so professional and so representative of...
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By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
     We all see them. Those local Farmer’s Markets in each town, and what fun they are to visit.  I love to go to the market in Larchmont for the fresh pickles, sauerkraut and jardinière, always so mouth wateringly fresh .   The breads, pies are also delicious.  I bought a Meredith’s Bakery fruit pie the other week and it was so delicious. The crust was crispy, not dry, and it was also unsweetened  and gluten free.  I have to admit, I do not pay attention to gluten free products or unsweetened for that matter, but with the fruit juices  utilized in naturally sweetening the pie, did give me pause for thought! It was great.   The Larchmont Farmer’s Market (Down to Earth Market) is held from May 9 – 12/19  8:30AM – 1: 00PM in the  Larchmont train station parking lot.
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By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
     Marilyn Liebenguth, our weekend receptionist is simply known as “Mouse.’ She informs me that is because she used to teach first grade, and a chap that she was dating at the time called all little children ‘mice’, and would ask of her ‘hey mouse, how are the mice? “, and the nickname stayed with her.. Everyone else knows her as being an extremely strong and positive  presence at the Julia B. Fee Sotheby’s desk every weekend for the past 30 years!  She runs the desk like a tightly run ship, and follows up on everything, is always courteous to the sellers and agents alike, is so well respected within the area and industry, and for good reason. Carolyn Fugere, the Manager of the Julia B. Fee Sotheby’s Larchmont office stated “we have all observed Mouse’s intelligence, high ethical stan...
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By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
     Well, I ate the proteins, carbs, and ate well the night before – you have to (when you are about to be  a volunteer for Swim Across America in the Larchmont area!). Ha! You thought I was swimming? As I awoke at 4 am to walk my dog, all that I saw on my early morning trek were the sprinklers commencing their timed watering , and my little sprinkler, with his always being ready to water .. I was asked to be at the Larchmont Yacht Club at 5 am to commence my duties, and I was very impressed. The signs were up, there was breakfast on hand if you wanted bagels, pastries,  fruits, juice and coffee. I was assigned to the ‘bag’ desk. Oh my! a bag lady!. That basically meant that if anyone wanted to store their valuables whilst they were swimming,  my companions and I would  have them compl...
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By Gay E. Rosen, As Real as Real Estate Gets!
(Julia B. Fee Sotheby's International Realty)
           Date Night proved to be a great success? Excuse me? That is, ‘Date Night’ the Larchmont Chamber of Commerce style!  SO many stores stayed open until 8 p..m, so they could attract more buyers,  attract more interest, develop more  relationships and ultimately more sales, and all because of Carolyn Fugere, the President of the Larchmont Chamber of Commerce  (and also the Manager of the Julia B. Fee Sotheby’s Larchmont Office.. This evening was the first of three ‘date nights’ scheduled (August 27th and September 23rd are the next events), and each store participating displayed some colorful balloons outside (courtesy of the Chamber of Commerce and the volunteers who delivered them). If participants visited 5 stores, and signed in, they were eligible for a raffle so a fun event ...
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Larchmont, NY Real Estate Professionals