Snapshot
Annual Sales Report
Ardsley, NY

(ALL Single Family Home Sales Within The Ardsley School District)

Calendar Year	# of Units Sold	Average Sale Price	Median Sale Price	Lowest Sale Price	Highest Sale Price	Average Time On Market
2001	79	$492,758	$459,000	$230,000	$890,000	138 days
2002	97	$578,562	$528,000	$315,000	$1,470,000	159 days
2003	69	$598,671	$540,000	$395,000	$1,100,000	143 days
2004	74	$738,213	$690,000	$413,000	$1,391,000	132 days
2005	87	$704,753	$667,500	$410,000	$1,950,000	131 days
2006	82	$792,248	$692,500	$390,000	$1,792,500	139 days

NOTES:

1. Average time on the market was approximately 4.5 months (139 days)
2. Six properties sold AT the list price while another six sold OVER list price. This means that more than only 14.6% of the homes sold either "at" or "over" their asking prices.
3. 82 transactions for the entire year is a pace of just under 7 sales per month.
4. The average sale price was up 12.4% from the previous year and the median sale price was up about 3.7%.
5. The sale price/list price ratio was 96.27% which means that homes selling within 3.7% of their list prices.

Special Note: When considering averages, it is important to keep in mind that, statistically speaking, a person standing with one foot in a roaring fire and the other foot in a bucket of ice water, is ("on the average") said to be quite comfortable.

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© Copyright 2007 Bill Boeckelman Publications