Lindenhurst NY Short Sale Market Report - May 2011
35 Lindenhurst NY short sale homes have been listed since January 2011 and 12 have sold.
There are 274 homes on the market in Lindenhurst NY. Out of the 274 homes, 64 of them are short sales. That is a tad over 24%. A few months ago, that percentage was at 27%. So, the ratio to regular resale homes versus short sale homes has dropped a little.
Short sale homes in Lindenhurst NY and across Long Island will be around for a while. I just want to see more of them close.
In 2010, 30 short sale homes sold in Lindenhurst NY. The median sales price: $278,000 with 166 days on the market. The list price to sold price ratio: 2.3%
So far for 2011, 12 short sale homes have sold. The median sales price: $242,500 with 146 days on the market. The list price to sold price ratio: 9.2% I like seeing the days on the market being 146 days. That is 4.5 months. Better than 5.5 months during 2010.
That is it until I report on Lindenhurst NY short sales for period ending June, 2011
Cell: (631) 703-0201
Office: (631) 226-5995 Ext. 242
Email: JackieC@century21aa.com
Website: www.longislandrealestatelady.com
Website: www.lindenhurstnyrealestate.com
Blog: http://jackieconnellyfornuff.com
Skype ID: LIRealEstateLady
