Larchmont homes typically evoke tree-lined streets and mature neighborhoods. This area does not disappoint on any of these. The area is strictly residential – yet for the most part it is walkable neighborhood – many of the homes being a mile or less from the train station and parts of the village. Some areas are somewhat further from town – so walkability depends upon you precise location. But leaving the car behind is indeed an option for a large portion of this neighborhood. Because this is a long established neighborhood, Larchmont homes generally have a distinctive Old -World charm about them. Tudors seem to dominate the area although Colonials are very much in evidence as well. But don’t let the age of these homes fool you. Most of them have aged gracefully and boast many upgrades that can give you the best of both worlds: old world charm – with modern amenities. The lot sizes run the gamut from roughly 0.12 acres to over an acre in larger homes. In general, the homes close in to the village sit on smaller lots.
It should be noted at the outset that this area is not truly part of the village of Larchmont, but is rather part of the incorporated portion of the town of Mamaroneck. The elementary school serving the are is the Murray Ave Elementary School. It received a rating of 10 out of 10 from GreatSchools.org and is a true “neighborhood” school.
For more photos – see my photo feed for Larchmont on Flickr.
Commute from Larchmont to Grand Central Station:
The commute from Larchmont to NYC couldn’t be easier with an express stop at the Larchmont Train Station. A mere 35 minutes to Grand Central by an express train on the New Haven Line and you are in midtown. Since walking to the train is walkable from many locations in this neighborhood - a NYC commute could not be easier. In fact, depending on where your destination in Manhattan is located, the commute from Westchester can be faster and easier than a commute from some popular residential locations in the city itself. Larchmont NY is pretty much a commuter paradise. Click here for more information about the New Haven Line commute.
Larchmont NY PO – Median Sales Prices:
This first chart shows the pricing before the crash and following. The red bars are the years prior to the crash of 2008 and the green bars are the years following the crash. In 2006 the median sales price was $998k and that peaked in 2008 to $1.125 million. in 2009 that number came crashing down to $905k and has risen steadily to nearly $1.1 million this year. This has been a strong come-back.
Although the market in the area has recovered quite briskly, the pace of recovery has varied somewhat between smaller and larger homes. This chart contrasts the differences between 3 and 4 BR homes. In general, with a few caveats, the homes under 2000 sf with fewer bedrooms have recouped less ground than their larger counterparts.
Larchmont NY PO – Home Sales Volume:
The sales volume before the crash went from 94 sales in 2007 to 72 in 2008. Once the crash of 2008 happened sales dropped to 51 for 2009 but recovered in 2010 when it went back to 95 sales. 2011, although slightly lower in volume, was noted for its competitive sales.
For more information about the commute to Grand Central Station go to the Metro-North site:
For more information about life in Larchmont and the Village of Larchmont go to Living in the village of Larchmont NY.
For the Latest Information On Sales and Listings in Larchmont NY:
For the latest on sales stats and current listings - feel free to contact me by phone – (914-374-5529) or email – ([email protected]) or you can simply fill out the form below – whichever method you prefer. Don’t worry – I do not sell, spam, or otherwise abuse your information!
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© 2012 Ruthmarie G. Hicks – http://thewestchesterview.com