Business & Tech
Log Cabin Sells for $575,000
Real estate listings and recent sales in Nyack, Piermont and surrounding communities
As the summer winds down, the local real estate market is seeing more pending deals and closings than new listings. The area only saw four new properties hit the market this week, including a semi-attached home in Valley Cottage, a condo in Victoria Mews on North Broadway, a town house at Forest Ridge off of Mountain View Avenue in Nyack and the former "Cascading Bottling Works" building at 35 River Road in Grandview.
Similar to last week, the region had a good amount of pending deals and closings. We saw four properties go into contract, and seven properties transfer title. The average number of days on the market for the new pending deals and the title transfers ranged from one day to 1,149 days... but the average was 316 DOM.
As for the percentage of sale price to original listing price, they ranged from full price (100%) down to 57% (the 1890 Log Cabin). The average for this week was 80%.
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So although we had a few bright spots, the averages still have a ways to go to get back to "normal" numbers.
That said, here are the properties:
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NEW LISTINGS:
27 Green Avenue, Valley Cottage: $329,000
50 No Bdwy, Nyack (condo): $339,000
28 Forest Ridge, Nyack (condo): $579,000
35 River Road, Grandview $1,295,000
UNDER CONTRACT: List price/ Days on the Market
9 Lawrence Park, Piermont (condo) $260,000/ 1 DOM
103 Gedney-#4E, Nyack (co-op) $264,000/ 79 DOM
10 Jeffrey Ct, West Nyack: $650,000/ 49 DOM
47 Washington Springs Rd, Palisades: $1,295,000/ 1149 DOM
TITLE TRANSFERS : Sale Price/ DOM/ % of Orig. List Price
55 Sierra Vista Ln, Valley Cottage: $167,500/ 373 DOM/ 76%
9 E.Lawrence Park, Piermont: $215,000/ 389 DOM/ 74%
2 W.Lawrence Park, Piermont: $233,000/ 25 DOM/ 93%
39 Jewett Place, Nyack: $359,000/ 28 DOM/ 100%
1007 US Rte 9W, Up.Grandview: $575,000/ 671 DOM/ 57%
28 East Street, West Nyack: $585,000/ 597 DOM/ 78%
29 Division Ave, So.Nyack: $699,000/ 117 DOM/ 82%
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