October 2025 Housing Market Review

According to Greg Menell of Pendulum Property Group the local real estate market remains dynamic and competitive. Here are a few observations:

-Inventory is still extremely limited, with only 24 homes currently for sale. This is well below last year’s 40 and far from the pre-COVID average of 130.

-Competition is especially fierce for homes under $2.5 million, where 78% have sold above asking price compared to just 25% in the higher-end segment.

-Prices continue to climb, with the year-to-date median sale price up 9% to $2.509 million and the median price per square foot rising 7% to $654.

-Homes are taking slightly longer to sell, with a median of 17 days on market versus 15 last year.

“Low inventory continues to drive strong demand and price growth, especially for well-priced homes in the mid-market range,” Menell said, adding that “even with slightly longer days on market, Scarsdale remains one of the most competitive and resilient markets in Westchester.”

Check out the four Scarsdale and Edgemont homes that sold in the past 7 days along with the 2 featured listings below. 

Sold: 

239 Rock Creek Lane  Exciting new construction in Scarsdale, showcasing seamless modern architecture w/an open, well-designed floor plan. This stunning 6012 SF residence includes 3 fabulous finished levels & offers 6 bedrooms, each w/a full bath, plus a powder rm. The home is situated on a lovely, quiet property, in a desirable location, close to local parks, playgrounds, recreational facilities & town pool. Shopping, restaurants & easy train commute to NYC are all readily accessible as well. Thoughtfully designed w/ith a contemporary flair, this new home is being built by one of Scarsdale's premiere custom home builders, known for his high-quality technique & detailed finishes. The 1st level features 10 ft ceilings, a grand entry hall & a dramatic staircase w/walls of windows which draw sunlight, infusing the home w/ warmth & luxury. Formal living rm, dining rm w/butler's pantry, spectacular custom kitchen w/state-of-the-art appliances & large island, adjoining family rm w/fireplace. 2nd level offers a sumptuous primary bedroom w/2 WICs & stunning primary bath w/radiant heat flooring. 3 add'l bedrooms all w/trey ceiling & private ensuite bath, plus a laundry room complete this level. The lower level has 1735 SF of beautifully finished space including a bedroom & full bath, large recreation area & storage. Walk up 3rd level has 649 SF of unfinished space, offering myriad possibilities for add'l living space. Add'l features include hardwood floors, modern black-trim windows, private setting, stone patio & idyllic grounds. This exceptionally rare opportunity will be move-in ready by Spring 2025.
Sale Price: $3,750,000
Real Estate Taxes: $24,875
Assessment Value: $900,000

31 Club Way   Step back in time to the Jazz Age with this exquisite vintage 1920’s Tudor, ideally situated on a sprawling, verdant lot. This 5 bedroom residence proudly preserves a wealth of original details, offering a glimpse into a bygone era of elegance. Entertain in the grand living room, where a magnificent wood-burning fireplace with a hand-carved mantle invites intimate gatherings and a charming book nook promises quiet contemplation. Leaded glass windows cast a soft glow, and French doors open onto a stone-covered patio, a masterpiece of arches and intricate brickwork, perfect for al fresco soirees. Adjacent, the sunroom, with its wide plank floors and sliding glass door, leads to a wooden deck overlooking an expansive yard, complete with a dance patio for lively evenings. The formal dining room, ideal for grand dinner parties, flows seamlessly into a butler's pantry. The kitchen is equipped for modern convenience with an electric range, dishwasher, and double wall ovens. A laundry room is conveniently located off the kitchen, alongside a charming breakfast room and a powder room. Ascend to the second level, with 4 bedrooms and 2 full bathrooms. The first large bathroom has two sinks, a tub/shower, and an additional shower. The second full bathroom has a bathtub/shower and linen closet. The king-size primary bedroom is a true sanctuary, featuring an en suite bathroom, ample closet space, and an en suite office + sleeping porch adorned with detailed brickwork – a private retreat for the discerning owner. A dedicated back staircase from the kitchen leads to a sitting room/lounge. The walk-up third floor offers a versatile space, perfect for a lively hang-out area, an additional private office, and abundant unfinished storage & cedar closet. The lower level provides a spacious recreation room, extensive storage solutions, a half bathroom, and an oversized two-car garage, completing this unparalleled offering of Gatsby-era charm and modern comfort. Come live the life!

Sale Price: $1,980,000
Real Estate Taxes: $53,316
Assessment Value: $1,795,700

1 Christie Place #403W  Prime Location in the Heart of Scarsdale! Welcome to one of the most sought-after residences at Christie Place—an exceptional top-floor, corner model unit offering sweeping views of the serene courtyard and lush garden terrace. This sun-drenched, meticulously maintained apartment exudes elegance and ease with a gracious open floor plan, oversized windows, high ceilings, and gleaming hardwood floors throughout. The gourmet kitchen is a chef’s dream, featuring granite countertops, premium appliances, and abundant cabinetry. A spacious living room flows seamlessly into the formal dining area and a versatile den—easily convertible into a third bedroom—complete with built-ins and its own closet. The luxurious primary suite is a true retreat, boasting generous walk-in closets and a spa-like marble bathroom with a whirlpool tub. A well-appointed second bedroom, additional full bath, and a powder room provide both comfort and convenience. In-unit washer and dryer add to the ease of everyday living. Residents enjoy a refined lifestyle with an elegant lobby, concierge service, 24-hour security monitoring, a fully equipped fitness center, and assigned garage parking. Christie Place is a premier Active Adult (55+) community, where at least one occupant must be 55 years of age. Just steps from the Metro North station, fine dining, shops, banks, and grocery stores, this residence offers the perfect blend of tranquility and accessibility—only 35 minutes to Manhattan. Maintenance includes a $400 parking fee plus storage. Experience carefree luxury living in the vibrant heart of Scarsdale!
Sale Price: $1,818,150
Real Estate Taxes: $23,725
Assessment Value: $862,000

246 Fort Hill Road   Located in the Greenville Section of the Town of Greenburgh with Edgemont Schools. Gorgeous half-acre manicured property with in-ground pool. First time ever listed for sale! Pass through the stone pillars and private driveway that leads to a serene and peaceful setting. The property is completely fenced in. This multi-level home provides comfortable living space for the entire family. The lower level has a large family room with a fireplace. There are sliders that provide access to the backyard. There is room on this level that can serve as either the 4th bedroom or an office. A full bathroom is located on the lower level. To top it all off there is a heated sunroom which is perfect as well for those who want their plants to flower all year long. The main living level has a kitchen, dining room and living room. From the kitchen you can access the backyard as well as the 2-car garage. The upper level is where the primary bedroom and bathroom is located. There is a steam shower in this bathroom. There are two additional bedrooms and a separate hall bathroom to round out the upper level. There is a finished playroom in the basement that adds another 500 square feet of usable space. The Scarsdale RR Station is a short ride away. Also close by is access to all major routes of transportation. If you are looking for a gorgeous property with a spacious home in a top-notch school district, 246 Fort Hill Road will check off all the boxes!
Sale Price: $1,430,000
Real Estate Taxes: $34,859
Assessment Value: $1,092,300

Featured Listings:

Listing Price: $1,295,000