Lindenhurst NY Short Sale Real Estate Market Trends For 2010
Currently, there are 62 homes on the market in Lindenhurst NY that are short sales. There are 159 regular resale homes on the market as well.
There are 11 short sale homes in Lindenhurst NY that are under contract. The average days on the market for these homes is 182. Some buyers shy away from short sales but they do close. The Buyer's Agent needs to know the proper questions to ask the Listing Agent in order to know if their buyer should proceed with buying a short sale home. And, not all short sale homes are in bad condition. In fact, most are in great condition!
The chart below represents the trends of the Lindenhurst NY short sale real estate market:
As you can see, more short sales came onto the market since 2008. A little bit more than half of short sales closed in 2010. I am hoping more short sale homes close quicker in 2011.
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