Many residents moving to Scarsdale, NY have a general idea in which area of Scarsdale they want to live in. The Village of Scarsdale is broken down into five different areas by elementary schools. These areas are Heathcote, Quaker Ridge, Greenacres, Fox Meadow and Edgewood.
If you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Scarsdale: a neighborhood in which more "urban sophisticates" live than 99.9% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives and families with school-aged children.
In the 3rd Quarter of 2013, 105 homes sold in Scarsdale. These sales represent over $168 Million in transactions. The average sales price was $1,606,962. The median sales price was $1,310,000 with an average of 151 days on market.
Heathcote is the most centrally located area of in the Village of Scarsdale. Homes are primarily of large with four, five or more bedrooms. Most of the residential real estate is owner occupied. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement. There are nearly no other types of residential real estate in the neighborhood.
The current vacancy rate is 3.8%. This means that the housing supply in Heathcote area is very tight compared to the demand for property here. As of Q3-2013, the average sales price of a home in the Heathcote area was $2,850,037. The median price was $2,280,000.
In the Heathcote area of Scarsdale, the children all attend the Heathcote Elementary School on Palmer Road. Heathcote School was a model of the modern campus style that was just coming into vogue when McCall's magazine gave it national coverage in 1955. It was built as a translation of educational theory into architecture, based on a humanist approach. Constructed on a rolling hilltop of twenty-two acres, Heathcote dramatizes an indoor/ outdoor relationship. Heathcote's unique features begin with a one level structure that provides grade specific classroom clusters with a little-schoolhouse atmosphere.
The Heathcote neighborhood in Scarsdale is wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.9% of the neighborhoods in America.
The Quaker Ridge area of Scarsdale is in the most south part of the Village of Scarsdale. Quaker Ridge borders New Rochelle to the east, and the Town of Mamaroneck to the southwest. The Quaker Ridge neighborhood is made up of single family homes that are almost exclusively owner-occupied. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood.
In the Quaker Ridge area of Scarsdale, the children all attend the Quaker Ridge Elementary School on Weaver Street. Quaker Ridge homes are primarily made up of large homes with four, five or more bedrooms. When you walk or drive around Quaker Ridge, you'll instantly notice the size of the homes here which definitely makes a strong visual statement. There are no other types of residential real estate in the neighborhood.
The current average home is listed at $2,004,522. In Q3-2013, the average home sold for $1,573,455. The median sales price was $1,400,000.
The Greenacres area of Scarsdale is in the most northern part of the Village of Scarsdale. Greenacres borders Hartsdale and White Plains, and is very close to the Hartsdale Train Station with Metro-North service into Grand Central. Homes in Greenarces are sought for by commuters who want to be able to walk to the Hartsdale Train Station.
Greenacres homes are primarily made up of large single-family homes with an average of four or five bedrooms. Most of the residential real estate is owner occupied. The Greenacres neighborhood is relatively historic, and most homes were built between 1900-1930's and in some cases, quite a bit earlier.
The current average home is listed at $2,240,286. In Q3-2013, the average home sold for $1,336,214. The median sales price was $1,284,009 with an average of 136 days on market.
Fox Meadow is on the eastern side of the Village of Scarsdale. It borders Central Avenue and Hartsdale. Children who live in the Fox Meadow neighborhood attend the Fox Meadow Elementary School on Brewster Road.
Homes in Fox Meadow are highly sought after by commuters who want to be able to walk to the Scarsdale or Hartsdale train stations. Executives, managers and professionals make up 78.1% of the workforce in the Fox Meadow neighborhood. For this reason, this Fox Meadow stands out as unique. Fox Meadow is that it is the only area in Scarsdale that Condos and Co-Ops are available.
If you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. A good majority of the single-family homes in Fox Meadow were built before the 1930's, some built considerably earlier. An additional majority of single family homes were built in the 1950's.
The current average home is listed at $2,439,118. In Q3-2013, the average home sold for $1,443,335. The median sales price was $1,310,000 with an average of 154 days on market.
Edgewood is located in the most eastern area of Scarsdale. It borders the Bronx River Parkway, Eastchester, and the northern section of New Rochelle. Children who live in the Edgewood neighborhood attend the Edgewood Elementary School located at One Roosevelt Place.
Edgewood is often referred to as the "Gateway into Scarsdale" because the homes are not quite as expensive as the rest of Scarsdale. The current average home is listed at $1,230,555. In Q3-2013, the average home sold for $901,437. The median sales price was $866,250 with an average of 119 days on market.