Rye Real Estate Update July 2009 - Rye Sidewalk Sale on Purchase Street

On the Market: 116

In Contract: 34 (15 awaiting mortgage commitment, 14 Pending)

Thirty nine single family homes have sold in Rye in the past six months, compared to 73 during the same time period last year (and 92 homes in 2007 same time frame). Although June was a busy month for local real estate, and encouragingly, the 34 homes in contract represent a 100% increase from the 17 in our April 2009 Update, the sales posted so far are still off as may be expected in this recessionary environment. Nationally, pending homes increased for the fourth straight month and we are certainly in line with that. Of the thirty-nine Rye homes that sold over the past six months, 13 or roughly 33% were under $1,000,000 for an average price of $717,462, and 26 or approximately 67% were over $1,000,000 for an average price of $1,962,642.

*Information per WPMLS 7/6/09, zip 10580, RCSD & RNSD only.

Rye's Annual Sidewalk Sale offers up to 75% off Savings

The Rye Merchant's Association is sponsoring its annual Sidewalk Sale on Purchase Street Thursday, July 25th- Saturday July 27th. Like many others, I have been making cautious purchases this year, but I was able to pick up some great bargains on quality merchandise at two of my favorite area stores, Sportech and Dusty Rose, at the Rye Ridge Shopping Center Sidewalk Sale a couple of weeks ago and would expect the same on Purchase St. for the upcoming July sale.

It is encouraging to see some of the newer stores on Purchase Street doing well. I bought my new favorite pair of jeans - a very high end pair that I bought for only $50 - at the new consignment shop, Rhythm in Rye Too, at 85 Purchase St. and I'm a big fan of Andy's Pure Food at 46 Purchase St. One stop at the "salad bar" at this vegan food establishment and you'll have energy all afternoon. I think we were all happy to see Le Pain Quotidien open up in the vacant space formerly occupied by the Gap (still can't believe that is gone!). Business is steady, according to the servers, and the comfy atmosphere makes it a great place to meet a friend for coffee or lunch.  Like at Ruby's Oyster Bar down the street, the communal table is a hit. My only complaint - my latte was .65 more than the same size at Starbucks- and I thought that was expensive!

Don't forget also that every Sunday from 8:30 a.m. to 2:00 p.m. until November 22nd, the Rye Farmer's Market sets up in the parking lot behind the Purchase St stores rain or shine. Also sponsored by the Rye Merchant's Association and the City of Rye, this is a great place to pick up not only fresh fruits and vegetables, but baked goods, hand made soaps, wine and more.

Please support our local merchants: every time I purchase a book from Patrick Corcoran at Arcade Books, a gift from Catherine Parker at Parker's or gourmet take out food from Chris Colacucci at Rye Country Store, just to name a few, I am reminded of how special it is to live here and not sifting through a bunch of chain stores (or more banks!).

July 2009 Market Update and Article written by Judy Croughan, Licensed Realtor, Coldwell Banker Rye.

Comments

[OtisMustGo]

The Wickham family should of held the services @ the Wainwright House.
Then for sure a mention would of made it to the front page.

[R.I.P.]

Pretty sad that things like this are not posted as an article on the main page!!! Mr.Wickham as I know him was a great guy, a great husband, a great father, an honest & dedicated public servant.
I guess articles on the Farmers Market, SideWalk Sales, Hen Island,Elections, etc. ARE FAR MORE IMPORTANT THAN LIFE AND DEATH!!!

[Just a Regular Joe]

Off the latest "hot topic", but how about a mention on the passing of Rye Fire Chief John Wickham, who passed away after a battle with cancer.

Chief Wickham dedicated this entire life to public safety beginning as a White Plains Police Officer, moving over to the Rye Fire Department and serving 25+ years as a member of the professional staff. After his retirement John served as a chief of the Rye Volunteer Fire Department. You would think his untimely passing and his duty and dedication to all the citizen's of Rye would of been mentioned by the blog masters.
Well, all I can say is R.I.P. John, and thank you for all your years of dedicated service to the public. My prayers go to your family.

[CryMe A River]

First of all ladies our sidewalks are not wide enough. Second of all we will see who's "crye-ng" when one of the many maniac drivers in Rye wipe out a row of diners!
Purchase Street is a far CRYE from the sidewalks/streets of Mam. & W.P.
Could hardly wait to see how our fearless leaders Connors/Falk & their employees handle this mess!!!

[*Diamond Girl*]

Do you people have any sense at all?
What's wrong with dining on the sidewalks?
It's done in mamaroneck and white plains to mention just 2. People love it and it will keep business in Rye.
I'm all for it.

[Gloom and Doom]

"Dining on sidewalks is just a welcome mat for disaster"

Typical Crye.

[C U in NOVEMBER]

WOW WHAT A GREAT NEIGHBOR!
GET AWAY WITH DOING SOMETHING ILLEGAL AND TELL YOUR NEIGHBOR "I HAVE RIGHTS"!!!
THE GATES SHOULD SIT RIGHT NEXT TO OTIS AND THE REST OF HIS $3 BILLS ON WEDNESDAY NIGHTS!!!

[Otis Must Go]

Dining on sidewalks is just a welcome mat for disaster.... and one day it will strike Rye once again! By all means let's dine on the narrow & dangerous sidewalks of Purchase Street for the sake of the ALL MIGHTY $$$$$!!!! Maybe if we put someone with both BALLS & BRAINS in charge we might have a shot!!!

[Crye Resident]

ANyone notice how uncomfortable Joe "Not on my sidewalk you don't" Sack can't delegate responsiblity to the Planning Commission to do the right thing? Does Joe have some control issues? Why doesn't he trust Christian Miller to do the right thing? Is Joe "Not on my sidewalk you don't" Sack want total control of Rye?

[Crye Resident]

I noticed Joe "Special" Sack has now abandoned his Special Investigation cause and is now leaning towards bringing in the Special Forces to do a Dye test in the Gates drywell. I also got a kick out of his convienient forgetfullness that there is no legal way to obtain access to the Gates property. Does Joe have Alzhiemers? He seemed to forget everything that was discussed at the last meeting only a month ago.