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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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Please feel free to leave comments and questions. If there are other statistics you would like to see, let me know.  

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