Snapshot
Annual Sales Report
Sleepy Hollow, NY

(ALL Single Family Homes Within The School District of The Tarrytowns)

Calendar Year	# of Units Sold	Average Sale Price	Median Sale Price	Lowest Sale Price	Highest Sale Price	Average Time On Market	Sale Price/ List Price Percentage
2001	56	$479,996	$441,000	$85,400	$1,044,750	129 days	100.74%
2002	55	$559,663	$535,000	$215,000	$1,750,000	140 days	98.91%
2003	63	$635,026	$635,000	$242,000	$1,750,000	118 days	100.2%
2004	78	$674,468	$659,000	$232,000	$2,100,000	124 days	98.75%
2005	69	$745,075	$650,000	$295,000	$2,125,000	112 days	98.24%
2006	62	$719,871	$673,500	$340,000	$1,617,500	128 days	96.43%
2007	64	$816,144	$697,500	$310,000	$2,390,000	147 days	96.97%
2008	50	$714,978	$670,500	$325,000	$2,150,000	154 days	96.85%
2009	49	$633,194	$560,000	$155,000	$2,000,000	162 days	96.61%

NOTES:

1. Average time on the market was approximately 5.4 months (162 days)
2. 49 transactions in an entire year is an absorption rate of just over 4 homes per month.
3. The sale price/list price ratio of 96.61% means that homes are selling approximately 3% below their last asking price. In many instances however, the list price at the time of the sale was not the original (higher) list price.
4. The average sale price was down approximately 11.4% from the previous year while the median sale was down approximately 16.5%.

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