Real Estate News You Can Use!: New York: Lindenhurst

Lindenhurst Average Sold Home Prices Market Report For 2009

Average closed price for January 2010:  $283,000

Average closed price for February 2010: $308,000

Remember, the home buyer tax credit expires on June 30th, 2010 Everyone has to be in contract by April 30th, 2010 We are in the beginning of March now and if you have been thinking of selling, call me today (631) 703-0201 and let's get your home on the market! If you wait too long, you will miss out on the buyers that are out there shopping early!

Lindenhurst Real Estate Market Report For February 2010

These figues do not include short sale and foreclosure homes. If they did, the average prices would be lower.

Foreclosed Homes In Suffolk County NY REO Properties
4th Quarter (Oct Nov Dec) 2009

281 Homes Foreclosed in Suffolk County

Average Listing Price: $213,440
Original Price: $222,221
Sold Price: $210,102
% Difference: -0.93
Taxes: $7,576
Days On The Market: 50

Low Listing Price: $44,300
Original Price: $45,000
Sold Price: $40,000
% Difference: -530
Taxes: Unknown
Days On The Market: 2

High Listing Price: $789,900
Original Price: $825,900
Sold Price: $786,000
% Difference: 41.1
Taxes: $20,237
Days On The Market: 203

The chart below represents the towns where the homes were foreclosed:

Lindenhurst Short Sale Market Report
4th Quarter (Oct, Nov, Dec) 2009

8 Short Sale homes were placed on the market during this period.

Average Listing Price: $324,249
Taxes: $8,999

Low Listing Price: $199,000
Taxes: $5,999

High Listing Price: $379,000
Taxes: $11,691

Lindenhurst Short Sale Homes Under Contract for the 4th Quarter (Oct, Nov, Dec) 2009

6 Homes went under contract during this period.

Average Listing Price: $298,663
Original Listing Price: $319,333
Taxes: $9,078

Low Listing Price: $230,000
Original Listing Price: $230,000
Taxes: $6,730

High Listing Price: $419,990
Original Listing Price: $489,000
Taxes: $11,505

See the difference between the listing price and the original listing price? When Realtors place a short sale home on the market, we have to search comparable listings in order to figure out how to price the home. Just like we do for any other home. Sometimes we can't find a comparable home because in Lindenhurst, most short sale homes you can eat off the floors. When you have a home that is not as nice, you just have to "pick" a number. Then if in 2 weeks if there are not a lot of showings and inquiries, you have to do a price reduction. When you hit that number, you will get more showings. This is an indication of what market value is. Some banks will not take less than 88% percent of what the bank appraisal is.

Lindenhurst Short Sale Homes That Sold for the 4th Quarter (Oct, Nov, Dec) 2009

6 Homes closed during this period.

Average Listing Price: $305,482
Original Listing Price: $330,898
Sold Price: $281,667
% Difference: 8.02
Taxes: $7,763

Low Listing Price: $235,000
Original Listing Price: $289,000
Sold Price: $212,000
Taxes: $4,552

High Listing Price: $354,900
Original Listing Price: $355,000
Sold Price: $355,000
% Difference: 12.3
Taxes: $9,840

Lindenhurst Real Estate Market Report Sold Homes For January 2010

Sold Homes in Lindenhurst, New York: 9
It was 19 and that included REO's and Short Sales. Can't include those because that will would make the prices lower than they really are and that would be inaccurate.

Average Listing Price: $299,041
Sold Price: $283,944
% Difference: 5.28
Days On The Market: 125
Average Taxes: $6,527

Low Listing Price: $189,900
Sold Price: $175,00
% Difference: 2.5
Days On The Market: 17
Property Taxes: $1,614

High Listing Price: $489,000
Sold Price: $455,000
% Difference: 10.9
Days On The Market: 238
Property Taxes: $8,831

The chart below represents the style of homes:

Make It A Great Day!

Lindenhurst Real Estate Market Report New Homes Listed For January 2010

Newly Listed Homes in Lindenhurst, New York: 26
Average Listing Price: $403,263
Average Taxes: $8,874.00

Please note that 39 homes were newly listed but 26 of them are regular listings. The other 13 are REO's (Bank Owned) and Short Sales. If I included those, the average listing price would have been lower and that wouldn't be accurate.

Low Listing Price: $210,000.00
Property Taxes: $2,097.00

High Listing Price: $1,175,000
Property Taxes: $15,796.00

The chart below represents the style of homes that are currently on the market:

Maxine - Gotta Love Her Wisdom

55 And Over Narragansett Villas Condos Lindenhurst New York

Closed Units For 2009

Number of Units Closed in 2009: 5

Average Listing Price: $367,798
Sold Price: $345,000
Average Days On Market: 107

Low Listing Price: $354,990
Sold Price: $330,000
Days On Market: 43

High Listing Price: $379,000
Sold Price: $365,000
Days On Market: 195

All were 2 bedrooms with 2 bathrooms.

This development was built in 2002. Still the newest condo development in the area. Has an outdoor pool and an active clubhouse.

Community Information

• Pets Allowed
• Smoking Allowed
• Adult Community
• Minimum Age: 55

Financial Information

• County Taxes: $5,768.20
• Village Taxes: $361.13
• Common Charges: $295

It's a great place to live and shopping is so close to this development.

Cool Tech Car Care Center in Lindenhurst New York

I started going there a few years ago when my Mom raved about Joe, owner of Cool Tech Car Care Center.

He will not tell you your car needs a repair or part that you do not need. When he tells you your car will be ready at a certain time, you can be sure it will be ready. Joe is honest and always calls to tell you ahead of time of what is needed to repair your car. He is very fair with his pricing.

I can't tell you how many times he has squeezed me in since I would call at last minute, lol. I am trying to not do this to him anymore.

He will explain to you what your car needs and why. That is what I like the best about him. He makes sure you understand what he is talking about. I know I'm getting the best service and I never have to worry about if the price he quoted is higher than the norm because he is very fair and will get you the best price on a part.

One day a few years ago I was waiting for an oil change and I heard a conversation he was having with a customer over the phone about a tune-up. He quoted her $450.00 for a Hyundai Elantra. After he was off the phone, I asked him why so much for a 4 cylinder car? He said the way Hyundai positioned the spark plugs, they have to go under the engine which means it's more labor intensive. I learned a lesson that day. Ask Joe how much a tune up will be when I buy a new car. I never knew this information before going to Joe at Cool Tech.

You can be 100% confident that Joe will take care of you and your car and that you will get the best service and above all, true honesty!