Drake Edgewood · Scarsdale, NY

Is Now a Good Time to Sell in Drake Edgewood, Scarsdale?

The median home in Drake Edgewood sells for $2,095,000 with prices up 27% year-over-year. Ridley's flat fee saves you $59,351.

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Drake Edgewood Real Estate Market Conditions

54out of 100

Ridley Sell Score

How it's scored →

Moderate

54/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Drake Edgewood market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. New York average is 2.7.

Price MomentumFavors sellers

Prices up 26.930771529999998% year-over-year — vs. +15% statewide.

Seller LeverageNeutral

Homes selling at 98.26% of asking — buyers are negotiating 1.7% below list. New York average is 99.7%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the New York average of 37.2%.

Sale SpeedFavors buyers

105 median days on market — 58 days slower than the New York average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 21% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. New York average is 15.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$2,095,000

+27%

Days on Market

105

Price per Sq Ft

$676

Sale-to-List Ratio

98.26%

Homes Sold

4

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Scarsdale — delivered monthly.

Your savings

How much can you save selling in Drake Edgewood?

$0Estimated savings

That could cover a year of college tuition — save 2.8% of your home value

$2,095,000

$50,000$10M

Traditional Agent (3%)

$62,850

Ridley Pro (flat fee)

$3,499

Ready to sell in Drake Edgewood?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Drake Edgewood

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$62,850$3,499$999
Buyer agent$58,6602.8% avg$41,900~2% avg$41,900~2% avg
Closing costs (~1.5%)$31,425$31,425$31,425
Total cost$152,935$76,824$74,324
You save$59,351$61,851

Based on the Drake Edgewood median home price of $2,095,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Drake Edgewood

A flat fee of $3,499 instead of the typical $62,850 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Drake Edgewood market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Drake Edgewood buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $59,351 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Drake Edgewood

Ready to sell in Drake Edgewood?

Save $59,351

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