Thirty nine single family homes have sold in Rye in the past six months, compared to 73 during the same time period last year (and 92 homes in 2007 same time frame). Although June was a busy month for local real estate, and encouragingly, the 34 homes in contract represent a 100% increase from the 17 in our April 2009 Update, the sales posted so far are still off as may be expected in this recessionary environment. Nationally, pending homes increased for the fourth straight month and we are certainly in line with that. Of the thirty-nine Rye homes that sold over the past six months, 13 or roughly 33% were under $1,000,000 for an average price of $717,462, and 26 or approximately 67% were over $1,000,000 for an average price of $1,962,642.
*Information per WPMLS 7/6/09, zip 10580, RCSD & RNSD only.
Rye’s Annual Sidewalk Sale offers up to 75% off Savings
The Rye Merchant’s Association is sponsoring its annual Sidewalk Sale on PurchaseStreet Thursday, July 25th- Saturday July 27th. Like many others, I have been making cautious purchases this year, but I was able to pick up some great bargains on quality merchandise at two of my favorite area stores, Sportech and Dusty Rose, at the Rye Ridge Shopping Center Sidewalk Sale a couple of weeks ago and would expect the same on Purchase St. for the upcoming July sale.
It is encouraging to see some of the newer stores on Purchase Street doing well. I bought my new favorite pair of jeans – a very high end pair that I bought for only $50 – at the new consignment shop, Rhythm in Rye Too, at 85 Purchase St. and I’m a big fan of Andy’s Pure Food at 46 Purchase St. One stop at the “salad bar” at this vegan food establishment and you’ll have energy all afternoon. I think we were all happy to see Le Pain Quotidienopen up in the vacant space formerly occupied by the Gap (still can’t believe that is gone!). Business is steady, according to the servers, and the comfy atmosphere makes it a great place to meet a friend for coffee or lunch. Like at Ruby’s Oyster Bar down the street, the communal table is a hit. My only complaint – my latte was .65 more than the same size at Starbucks- and I thought that was expensive!
Don’t forget also that every Sunday from 8:30 a.m. to 2:00 p.m. until November 22nd, the Rye Farmer’s Market sets up in the parking lot behind the Purchase St stores rain or shine. Also sponsored by the Rye Merchant’s Association and the City of Rye, this is a great place to pick up not only fresh fruits and vegetables, but baked goods, hand made soaps, wine and more.
Please support our local merchants: every time I purchase a book from Patrick Corcoran at Arcade Books, a gift from Catherine Parker at Parker’s or gourmet take out food from Chris Colacucci at Rye Country Store, just to name a few, I am reminded of how special it is to live here and not sifting through a bunch of chain stores (or more banks!).
Tags: Rye Real Estate, Rye Real Estate Update, Rye Realtor, Rye Sidewalk Sale
[...] next morning after breakfast, we walked up Main St. in Westhampton checking out the sidewalk sales of the local shops. As I sometimes do when I’m away from home, I stopped into a local [...]