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|Bronxville Real Estate Market in "The New Normal"|
By Cindy G. Landis, Brokerage Manager, Bronxville Office of Houlihan Lawrence
Apr. 1, 2020: Hello Neighbors,
I hope each of you is healthy and managing to cope with the extremely difficult circumstances that have become "the new normal" for the time being.
Fortunately for Village high-risk residents, Bronxville's "essential" merchants have teamed up with the Village Police Department to make life safer and easier. Mayor Marvin, Chief Satriale, and Superintendent Montesano deserve high praise for their well-planned approach to this situation. It does take a Village.
The first quarter of 2020, although not quite complete, shows a lack of supply, although demand from buyers is solid.
The many reasons that make Bronxville such a highly desirable place to live and raise a family still matter: a top-notch school system (ranked the best in Westchester), a short commute to New York City, a sense of community with beautiful period architecture and a bustling downtown - all within the confines of one square mile.
These factors, perhaps more than ever, are relevant as people living in more densely populated areas are re-thinking their lifestyle choices under the circumstances.
Understandably there have been a few hesitations as some buyers want a moment to assess, but two houses went into contract this week in the Village.
Other accepted offers are happening. There are hurdles, of course: building department files may be inaccessible, and inspections on new deals present issues to overcome. The situation is fluid and changing from day to day as restrictions are lifted or enforced. Overall, the situation feels more positive than not.
I look forward to things returning to "the old normal" and expect that Bronxville will most likely rebound as soon as restrictions are lifted and "things are safe."
In the meantime, maintain your social distance.
Photo courtesy Houlihan Lawrence
Editor's note: As a public service, MyhometownBronxville publishes articles from local institutions, officeholders, and individuals. MyhometownBronxville does not fact-check statements therein, and any opinions expressed do not necessarily reflect the thinking of its staff