According to the office of the New Castle Assessor, the median price for a single-family home in the Chappaqua Central School District during the first quarter of 2022 was $957,000, down from $975,000 during the same time period last year.
In late May, 27 single-family homes in Chappaqua were listed for sale on the New York Suburban Homes website, from a four-bedroom, two-bath, 1,804-square-foot 1954 house on an acre, listed for $699,999 with taxes of $11,284, to a five-bedroom, nine-bath 1995 house on four acres, listed for $3.599 million with taxes of $87,587. Eight houses had listing prices with substantial reductions, from $50,000 to more than $100,000.
According to a mid-May market update from Houlihan Lawrence provided by Ms. Bohmrich, condominium inventory was down 43 percent from this time last year, while the median condominium sale price of $640,000 was up 28 percent. In early June, three condos in the Chappaqua Central School District were listed, including a $699,900 two-bedroom, two-bath, 1,549-square-foot unit with taxes of $8,354, and a $1.499 million two-bedroom, four-bath, 3,154-square-foot unit with taxes of $10,436.
Monthly rentals of single-family homes with two or three bedrooms can run from $2,500 to $5,500, while houses with four or more bedrooms can fetch $10,000 and above. But “inventory is tight” for house rentals, said Joanna Rizoulis, an associate broker with Julia B. Fee Sotheby’s International Realty. More likely to be available for rent are condominiums, which can run from $3,000 to more than $6,000 a month.
Source: | This article originally belongs to Nytimes.com
