About White Plains' Downtown White Plains

The Residences of Jefferson Place is a condominium complex with a split personality. The complex spans on square block between Livingston Ave. and Rutherford Ave. in White Plains, NY with units on 300 Mamaroneck Ave. and 31 Greenridge Ave. Jefferson Place is located a scant half -mile from Trump Tower, the Ritz Carlton and the White Plains City Center. The city side – facing Mamaroneck Ave. is an eight-story urban mid-rise with a sophisticated brick façade. The façade reflects the growing urbanization of the city and is just steps away from all the shopping and dining that downtown White Plains has to offer. The suburban side of the complex on Greenridge Ave. gives a bow to the Highlands community where it resides. The units on Greenridge are three story walkup condos that have an outer façade resembling three story townhouses. The low-rise portion surrounds tree-lined streets, single family homes and other low-rise condo complexes.

Previously, I wrote a web page about Jefferson Place which included many of the amenities of the complex and of the immediate neighborhood. It also included a sales history about the complex and the walkability of the neighborhood. This post is a simple update on the sales history reflecting changes that have occurred during the first quarter of 2010. To access the original page complete with sales history, statistics and a video - go to the following link: Jefferson Place - White Plains NY.

Update on Sales Prices & Listing Prices for Q1 2010:

There was only 1 sale at 300 Mamaroneck Ave for Q1 and that was a 2 BR unit for $452,500. This one sale represents a stable market from the previous quarter. But the good news ends there for sellers. With only 1 sale and three contracts, the sales volume is low when compared to the 15 units that are available at #300. Add that to the two additional units active at 31 Greenridge and you have a strong buyer’s market. That pressure is showing in current asking prices. The Median asking price for a 1 BR at #300 Mamaroneck Ave is $350,000 – down signifcantly from asking prices of the previous year. The median asking price for a 2BR unit is $454,500. which is just $2k above the last recorded sale. It indicates that the market for 2 BR units has gone down another leg and that something similar is probably afoot with respect to 1 BR units.

This market represents a fine buying opportunity. Sellers should take heart because they can indeed sell their units. My own track record selling in this complex speaks to that ability. When the unit was marketed heavily and properly presented (staged so that buyers could “see” themselves in the unit) my median number of days to contract is at 59 days.

To Search for Homes and for further information go to my website/blog with free home search at The Westchester View.

I am always happy to answer your questions and you can speak to me directly on my moble phone: 914-374-5529.

Located in the heart of downtown White Plains NY – the Broadlawn is one of the most desirable cooperatives in White Plains. Located at 20 North Broadway – the Broadlawn is centrally located within a block of the White Plains City Center, and Trump Tower. You can easily leave the car behind and walk to shopping, fine dining, entertainment and the train.

Previously, I wrote a web page about the Broadlawn which included many of th amenities of the complex and of the immediate neighborhood. It also included a sales history about the complex and the walkability of the neighborhood. This post is a simple update on the sales history reflecting changes that have occurred during the first quarter of 2010. To access the original page complete with sales history, statistics and a video - go to the following link: The Broadlawn - White Plains NY

Update on sales prices and listing prices for Q1 2010:

Since there have been very few actual sales at the Broadlawn this past year, I have delayed updating the graphing until the end of June. However, the one recorded sale of a 2 BR unit since the beginning of the year was at $260,000 for a unit that was not renovated. Although this indicates a marked price decline from the previous year, it should be noted that there was always a major pricing difference between units that had undergone renovations and those which have not. Asking prices are certainly down from the previous year. The range in price for 2 BR units is from $195,000-$389,000. The median asking price (which does not reflect an actual sales price) is $329,000 – which also indicates the reality of the market by pricing in a significant decline. Further, given the fact that there have been relatively few sales at the Broadlawn, the presence of six 2 BR units on the market represents a significant inventory. This is an opportunity for buyers. But sellers need to price their units accordingly or they will linger on the market.

To Search for Homes and for further information go to my website/blog with free home search at The Westchester View.

I am always happy to answer your questions and you can speak to me directly on my moble phone: 914-374-5529.

Festival of French Song / 2/3/10

Anthony Stokes Pereira of Better Homes and Gardens Rand Realty

I can help you with every aspect of buying or selling your home because I'm experienced, because I am a Better Homes and Gardens Rand Realty Real Estate Professional . . .and because I care.

As your Better Homes and Gardens Rand Realty Sales Professional, I will provide you with the information you need to make an educated decision.

The relationship between a home buyer or seller and their agent is based on trust, shared goals and understanding. I strive to continually improve and to do this I listen and take the needs and wants into consideration.

For assistance with any of your real estate needs, please contact me, whether it's to get started on helping you realize your goals and dreams, or just to ask a question - no pressure, no hassle, no obligation - just a friendly conversation. I would welcome the opportunity to make a difference for you.

Anthony Stokes Pereira Office: (845) 770-2188 Cell: (845) 538-7021 Fax: (845) 624-7137 Email: anthony.stokespereira@randrealty.com www.anthonystokespereira.com