Nelly Lopez - New Rochelle Co-Op's - 11X17 - NL - 01733 - APR18

Real Estate Market Report | April 2018

RE/MAX Distinguished Homes & Properties 52 Pondfield Road W Bronxville, NY 10708 | 914.346.8255

Distinguished Homes & Properties

Each Office Independently Owned and Operated.

Nelly Lopez REALTOR®

New Rochelle Co-Ops

917.859.1414

NellyLopez@remax.net www.NellyLopezHomes.com www.NewRochelleLiving.com Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018

Visit www.NewRochelleLiving.com for current market activity, community information, and more.

HOME SALE PRICES WERE UP AN AVERAGE OF NEARLY

$10,450 FOR 2017!

New Rochelle Co-Ops 2017 Year-End Review

$

Average Sold Price

2017 AVERAGE: $141,370

2017 AVERAGE: $174

Low: $41,500 • High: $260,000

Low: $104 • High: $244

2016 AVERAGE: $130,920 Low: $40,000 • High: $278,000

Average Price per Square Foot

2016 AVERAGE: $166 Low: $84 • High: $240

2017

www.NewRochelleLiving.com Number of Homes Sold

Average Days on Market

Avg. Sold Price /List Price Ratio

Available Monthly Inventory

35

93

96.1%

2.1

10 MORE HOMES SOLD THAN 2016

LOW: 10 / HIGH: 271 5 DAYS FASTER THAN 2016

LOW: 84.1% / HIGH: 102.5% 0.6% HIGHER THAN 2016

HOMES LISTED IN 2017: 33 HOMES STILL AVAILABLE: 6

Friends and Neighbors, New Rochelle Co-Ops saw beneficial changes in its housing market in 2017. If you’ve considered selling, call me today at 917.859.1414 to find out how I will help you maximize your home’s selling potential!

Reflects data from the HGAR MLS from January 1st through December 31st, 2016 and 2017. Deemed accurate but not guaranteed.

Presented by Nelly Lopez Your New Rochelle Co-Ops Real Estate Specialist

Prepared Especially for Friends and Neighbors

Distinguished Homes & Properties

New Rochelle Co-Ops | Market Report

Nelly Lopez REALTOR®

Distinguished Homes & Properties

917.859.1414

Friends and Neighbors, If you want to keep up with your home’s value,

NellyLopez@remax.net www.NellyLopexHomes.com www.NewRochelleLiving.com

Call me today at 917.859.1414 to receive your quarterly market snapshot.

Visit www.NewRochelleLiving.com for current market activity, community information, and more.

New Rochelle Co-Ops Homes Currently Listed

A MESSAGE FROM NELLY

New rochelle co-op Homes Real Estate Specialist

I understand your home is one of the largest

for taking the time to read my real estate market

investments that you will ever make, I believe

report. It is designed to assure that my clients are

keeping you informed about current market

kept current on all market trends. Your feedback

trends and values is one of the greatest services I

is greatly appreciated – please share with me any

can provide. I have chosen this market report as

topics you would like included. Should you know

my format to accomplish this objective. If you have

anyone outside your community who might enjoy

any questions regarding any of the information

receiving a copy, please forward their address to

contained here or would like to discuss the value of

me and I will add them to my mailing list.

- Nelly Lopez

your home, please don’t hesitate to call. Thank you

RECENT CO-OP SUCCESS | BY NELLY SOLD in Just 61 Days vs. the Community Average 95 Days!

SOLD for 104% of Client Asking Price!

Status Active Active Active Active

Address 2333 Palmer Avenue Unit 3H 2201 Palmer Avenue Unit 3G 2201 Palmer Avenue Unit 2N 2201 Palmer Avenue Unit 4P

Bedrooms 0 0 1 1

Bathrooms 1 1 1 1

Est. Square Feet 450 540 700 650

List Price $90,000 $118,000 $120,900 $130,000

List Date 01/19/18 08/03/16 10/03/17 01/29/18

New Rochelle Co-Ops Homes Currently Pending There are currently 14 homes pending in New Rochelle Co-Op Homes.

For more information on these homes, call Nelly today at 917.859.1414.

New Rochelle Co-Ops Homes Sold in the Last 6 Months Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address 2261 Palmer Avenue Unit 4F 2241 Palmer Avenue Unit 1F 2221 Palmer Avenue Unit 2A 2345 Palmer Avenue Unit 1C 2291 Palmer Avenue Unit 1Q 2221 Palmer Avenue Unit 2M 2345 Palmer Avenue Unit 2B 2241 Palmer Avenue Unit 2O 2241 Palmer Avenue Unit 3R 2201 Palmer Avenue Unit 2P

Bedrooms 0 0 1 1 1 2 1 2 0 1

Bathrooms 1 1 1 1 1 2 1 1 1 1

Est. Square Feet 495 450 780 600 750 1,100 600 1,050 450 750

List Price $83,000 $69,900 $159,000 $98,500 $165,000 $219,021 $99,500 $193,500 $70,000 $99,000

List Date 08/28/17 09/08/17 06/06/17 08/22/17 01/05/17 01/30/17 04/28/17 05/24/17 06/27/17 02/19/17

Sold Price $79,000 $61,000 $146,000 $89,000 $155,000 $220,021 $92,000 $195,000 $65,000 $98,000

Sold Date 03/09/18 03/02/18 02/07/18 12/27/17 10/20/17 10/19/17 10/18/17 10/17/17 10/16/17 10/02/17

Nelly Lopez and RE/MAX Distinguished Homes & Properties are not in any way affiliated with New Rochelle Co-Op Homes’ Owners Associations, nor is this in any way an official advertisement or publication of New Rochelle Co-Op Homes. ©2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the HGMLS for September 20th, 2017 through March 20th, 2018. Listings and sales may not be those of RE/MAX Distinguished Homes & Properties. The National Association of Realtors® and HGMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

2241 Palmer Avenue Unit 1F

220 Pelham Road Unit 6C

Friends and Neighbors, Let me achieve the same exceptional results for you as I did for these clients. Call me at 917.859.1414 to have your home professionally marketed and featured in my monthly publication.

Roberto S. Jimenez Mortgage Development Officer Cell: 718.877.3526 NMLS# 597955 200 Park Avenue Suite 100 Florham Park, NJ 07932