Deer Park NY Housing Market - Median Sold Price for 3rd Quarter 2011
The Deer Park NY housing market has been up and down for the last four years. This means that Deer Park NY real estate market isn't stabilizing. But, let's see what happens by the end of the first quarter 2012.
The median sold price means that 50% of the homes sold for less and 50% sold for more. The chart below helps to determine if Deer Park NY is improving or declining. If the sold prices were hovering around the same prices then we can say the Deer Park NY real estate market is stabilizing. Right now, it is not. This doesn't mean your home won't sell. It means you may not be able to sell it for what you think it will.
Homes are selling in Deer Park NY. 34 homes sold between July 1st 2011 to September 30th 2011. 31 homes sold during this same period last year. So, there were more buyers in 2011 during this time period than last year. This also means that buyers are qualifying for mortgages.
Every quarter I post market reports for the Deer Park NY real estate market. Check back in the beginning of 2012 for the 4th quarter stats of 2011.
Want to know what your Deer Park NY home is worth in today's market? Call me today (631) 703-0201 for a competitive market analysis. There is never any obligation!
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