Chappaqua Real Estate Market August 2010

J Philip Faranda September 13, 2010

New CastleChappaqua is a beautiful hamlet located in the town of New Castle in north central Westchester County. It is known, nominally, as the adopted home of the Clintons and Reader’s Digest, and for being a idyllic, bucolic setting. New Castle abuts the Town of Ossining, and it is time to give the place a little more ink. 

Vanessa Williams is a product of Chappaqua schools, and hails from nearby Millwood. (Ms. Williams, by the way, is THE most talented creature to ever wear the crown of Miss America, and is an extremely nice lady. She still lives in the area as far as I know, and when I was tending bar during my sabbatical way back when she was one of the patrons at Mediterraneo. I did not fix her a drink; she was nursing. If you ever see a re run of the 1984 Miss America pageant, Miss Williams promised to star on Broadway. She did. That is calling the shot on the level of Babe Ruth, another adopted New Yorker. But on to Chappaqua.)

Chappaqua Train Station

Chappaqua is served by the Chappaqua school district, and includes parts of the town of Mount Pleasant. It is located on the Harlem Line of the Metro North railroad and is about a 50-minute train ride to Grand Central Terminal. 

This market information is for single family homes in the Chappaqua school district. All data is from the Westchester-putnam Multiple Listing Service. 

Chappaqua Real Estate Market August 2010

Prices are up from 2009 and the transaction total is up a tick as well. 22 homes are under contract, another healthy total, and there are mega options for buyers with 124 active listings, or roughly 7 months of inventory on the books. The vastness of the price range of available homes opens the doors to a wide variety of budgets. 

 

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