Market Trends: 5/21/2013
North Castle
Market Snapshot
Total Properties Listed:
173
Month-Over-Month Change: -.57%
Average List Price:
$1,916,088
Month-Over-Month Change: +6.98%
Median List Price:
$1,392,000
Month-Over-Month Change: +11.63%
Typical Property
Single-Family Home
4.2 Bedrooms
4.19 Baths
$1,916,088 Average List Price
$386/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$499,000
2 Bedrooms:
$470,483
3 Bedrooms:
$782,014
4 Bedrooms:
$1,594,857
5 Bedrooms:
$2,704,773
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North Castle Real Estate
About North Castle
North Castle, a town that has maintained its charming historic character while using the principle of smart growth to allow for controlled development. North Castle is a town of diverse landscapes including expansive parks and open spaces. Located thirty five miles from New York City, North Castle has a population of approximately 12,000 in 26 square miles.
Armonk has a business district with cafes, shops and professional offices. Banksville, bordering Bedford and Pound Ridge, is an area known for its bucolic settings. The Byram Hills Central School District serves North Castle, the district has one secondary school, Byram Hills High School (9-12), one middle school, H. C. Crittenden Middle School (6-8), and two primary schools, Wampus Elementary School (3-5) and Coman Hill Elementary School (K-2). Before 2002, grade 5 was in Crittenden, grades 3 and 4 were in Coman Hill, and grades K through 2 were in Wampus.
IBM has its world headquarters in Armonk and in Town of North Castle. Armonk plays host to several events that take place annually. Most notably is the Armonk Outdoor Art Show, a fine art and fine crafts juried show sponsored by Friends of the North Castle Public Library, where nearly two hundred artists working in various media gather in IBM Park to show and sell their work to patrons. The event draws a big crowd every year and involves many members of the local community as volunteers. The Friends also sponsors the Armonk Players, a community theater group that stages two full productions and several readings each year at Whippoorwill Hall to benefit the library.
Armonk experienced a surge in new housing construction and development beginning in the late 1990s. New condominiums, townhomes, and large stately mansions were constructed primarily north of the Armonk Business District and just to the west. The construction solidified Armonk's newly established reputation as an upper-crust town, with the residents profile moving away from the middle-working class and towards a much wealthier upper-class image. In the most recent construction project, Antares Real Estate of Greenwich, Connecticut purchased the long-standing Schultz's Cider Mill just south of Main Street, only to have it razed and in its place construct a premium gated townhouse and family home community (named "Cider Mill").
North Castle Neighborhoods