Real Estate Market Sees Steady Demand Amid a Brief Slowdown

Following the long Labor Day weekend, the Scarsdale and Edgemont real estate market experienced a brief breather, with just four homes sold over the past seven days. This lighter activity represents a natural pause after the beginning of the school year, contrasting with the busier pace of closings the week prior. Even with the slowdown, the market remains steady, signaling continued interest as buyers and sellers transition into the fall season.  

While weekly sales slowed, the August 2025 Market data reveals that underlying demand and market strength remain strong. 

Scarsdale Housing Market: August 2025 Review
“Inventory remains at record lows in 2025, with just 167 new listings year-to-date compared to 216 in 2024 and a pre-Covid average of 341,” said Greg Menell of Pendulum Property Group. “Despite this shortage, demand is still strong, especially for well-priced, move-in ready homes under $3 million, which continue to see bidding wars. Looking ahead, a potential Mamdani win could drive more families to the suburbs, while predicted rate cuts may boost buying power but also draw additional sellers into the market. Overall, median sales price and price per square foot are both up 7% year-over-year, reflecting the continued resilience of Scarsdale real estate.”

Check out these four homes that sold in Scarsdale and Edgemont in the past week along with the two featured listings. 

Sales:

105 Walworth Avenue  Located in the coveted Greenacres neighborhood of Scarsdale, this stately 1920's Center Hall Colonial perfectly blends classic architecture with modern comforts. Boasting four bedrooms and two-and-a-half bathrooms, this beautifully maintained home offers gracious living spaces, refined details, and a warm, welcoming ambiance throughout. As you enter, an elegant foyer greets you and sets the tone for the home’s charm and sophistication. From there you are ushered into the formal Living Room, where a wood-burning fireplace anchors the space and opens to a sun-filled Family Room—ideal for both relaxing and entertaining. The spacious, updated Eat-in Kitchen flows seamlessly into the formal Dining Room, providing an ideal layout for gatherings and entertainment with direct access to a charming screened in porch, perfect for unwinding on a cool evening. A dedicated Office space and Powder Room complete the 1st Floor. Upstairs, the expansive Primary Suite offers a peaceful retreat with a sitting area, private outdoor roof deck and en-suite bathroom along with three additional well-appointed bedrooms and a full Hall Bathroom. The third floor features a versatile bonus space—perfect for a home office, playroom, or potential fifth Bedroom suite and more. The finished lower level adds valuable space to the home with a large recreation room, exercise area and Laundry Room. A serene, level backyard framed by mature plantings offers exceptional privacy, while a detached two-car garage adds both functionality and convenience—completing this remarkable home. Offering period charm, thoughtful updates, and an unbeatable location, this rare Greenacres gem is a true opportunity not to be missed!
Sale Price: $2,450,000
Real Estate Taxes: $31,504
Assessment Value: $1,150,000

12 Club Way  Don't miss this stunning 1924 Colonial in an A+ location within the highly acclaimed Edgemont School District. Thoughtfully updated over the years, this home offers the perfect blend of classic character and modern living. The first level features a formal living room with wood-burning fireplace, an elegant dining room, a sunroom with French doors to a side patio, and a richly paneled office or den with a second fireplace. At the heart of the home, a spectacular open-concept kitchen and family room spans the back of the house, featuring high-end appliances, two sinks, a large island with verde marble countertop, spacious dining area, and custom built-ins including a desk—plus multiple French doors leading to an expansive deck with fabulous view and a firepit, dining area, and lounge seating. Upstairs, the serene primary suite includes a private roof deck, a luxurious bath with soaking tub, oversized shower and double vanity, and two custom walk-in closets, one with built-in vanity and sink. Three additional bedrooms (one with its own roof deck) have access to updated baths—two with ensuite baths, and a fourth bedroom with a hall bath completes this level. The finished lower level offers a large recreation room, gym, laundry room, and mudroom area, along with an attached two-car tandem garage featuring GarageTek-style storage, Tesla car charger and an epoxy floor. Set on lush, landscaped property, this home provides a perfect mix of indoor and outdoor living with a level yard ideal for a playset and easily viewed from the kitchen, and a wide-open view of the horizon over Scarsdale Golf Club—especially breathtaking as the leaves turn each autumn. Located on a quiet, tree-lined street just .9 miles from Edgemont Junior/Senior High School's back entrance, this exceptional home checks every box for comfort, convenience, and timeless appeal.
Sale Price: $2,270,000
Real Estate Taxes: $46,648
Assessment Value: $1,525,000

79 Penn Road  Sprawling six-bedroom, four-bathroom Ranch on .61 level acres in the heart of Quaker Ridge. Located near the elementary school, shops and transit, this home offers both convenience and potential. Formal living room, dining room, eat in kitchen, family room and sunroom, there's plenty of space to entertain and reimagine for modern living. The walk-up attic offers possible expansion, while the large backyard with stone patio invites outdoor enjoyment. Large basement for laundry and storage. Attached 2 car garage with additional carport, plus new AC system installed in 2023. Estate sale - sold as-is. A rare opportunity to create your dream home in an ideal location!
Sale Price: $1,860,000
Real Estate Taxes: $40,729
Assessment Value: $1,480,500

4 Highview Drive  Beautifully Renovated Split-Level Home in Edgemont School District - Welcome to this fully renovated split-style residence nestled on a quiet residential street in the sought-after Edgemont School District, zoned for Greenville Elementary School. The open-concept main level seamlessly combines the kitchen, dining area, and living room into one inviting space, ideal for modern living and entertaining. The stunning kitchen features white and grey cabinetry, quartzite countertops, and direct access to a large wood deck overlooking the flat, private yard with mature specimen trees, shrubs, and vibrant floral plantings. Hardwood floors are in excellent condition throughout. The home offers three spacious bedrooms, including a primary suite with a beautifully renovated en suite bath. The second-floor hall bathroom has also been fully renovated and features a sleek glass-enclosed shower. Two additional bedrooms include recessed ceiling lighting, ceiling fans, and ample closet space. The lower level provides a versatile bonus area, a fully renovated powder room, and a laundry room. A finished basement offers a large family recreation space perfect for casual living, play, or a home gym. Additional highlights include a long driveway with abundant parking and an attached one-car garage. This move-in ready home combines thoughtful updates with a prime location close to schools, shopping, and transportation.
Sale Price: $1,350,000
Real Estate Taxes: $23,949
Assessment Value: $868,900

Featured Lisitings:

18 Forest Lane  Welcome to this picture-perfect Center-Hall Colonial, where classic architectural beauty meets modern-day comfort. Nestled on a tree-lined street in the coveted Edgewood neighborhood, this gracious home has been lovingly maintained and thoughtfully updated, offering the perfect blend of tradition, warmth, and functionality. The main level welcomes you with a light-filled living room, complete with a cozy fireplace and built-ins—ideal for relaxing with a book or gathering with friends. Step onto a large, covered porch, perfect for enjoying warm summer evenings or morning coffee in the breeze. Host unforgettable dinners in the formal dining room, and enjoy everyday ease in the sunny, eat-in kitchen, featuring a picturesque window overlooking the lush backyard and direct access to a grilling-ready deck. A convenient powder room rounds out the main floor. The second floor offers a well-designed layout with a spacious primary bedroom and separate bath. Three additional bedrooms—each generously sized—share an updated hall bath, offering space and flexibility for family, guests, or a dedicated home office. A private third-floor suite with its own full bath provides the ultimate guest retreat, teenage hideaway, or work-from-home sanctuary. Ample storage space ensures everything has its place. The finished lower level offers even more living space, including a large family room with built-ins—perfect for a playroom, media room, or gym—plus an additional powder room, laundry area, and abundant storage. Direct access to both the backyard and the attached tandem garage adds everyday convenience. Professionally landscaped front and backyards set the stage for relaxation and entertaining. Enjoy dramatic uplighting that highlights the home’s charming facade. Located just a short walk to Edgewood Elementary and minutes from Scarsdale Village, Metro-North, and multiple shopping centers, this home offers the perfect balance of suburban tranquility and everyday convenience. The friendly, walkable neighborhood and true curb appeal make this a rare find. Don’t miss your opportunity to own this timeless Colonial in a prime Edgewood location!
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Listing Price: $1,865,000

14 Shady Lane  Exceptional new construction offering luxury, functionality, and an unbeatable location. This thoughtfully designed 4-bedroom, four-a-half-bath residence boasts approximately 2,400 square feet of elegant living space on a beautifully landscaped level lot. The main level features a bright open-concept kitchen with stunning marble countertops, top-tier Thermador appliances, custom soft-close cabinetry, and an oversized walk-in pantry — a dream for any home chef. The spacious layout flows effortlessly into the dining and living areas, ideal for both everyday living and entertaining. A dedicated office on the first floor offers flexibility and can easily serve as a guest room, thanks to the nearby full bathroom — perfect for visitors or multi-generational living. Upstairs, the luxurious primary suite includes a spa-like en-suite bath and generous closet space. All bathrooms are finished with imported Italian oversized porcelain tile, and natural light fills the home through premium Anderson casement windows throughout. Lower level square footage is not included in overall total. Located on a tranquil, tree-lined street just steps from schools, shops, restaurants, supermarkets, and banks, this home combines modern comfort with walkable convenience. A rare opportunity to own a turn-key new build in a most desirable neighborhood!
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Listing Price: $1,890,000