Melville Real Estate Market Report For Period: 11/1/09 To 11/30/09
Homes New On The Market
12 Single Family Homes
Average Listing Price: $813,150
Low Listing Price: $449,000
High Listing Price: $1,359,900
The High Listing Price reflects Luxury Homes
Homes Currently Under Contract
12 Single Family Homes
Average Listing Price: $716,408
Original Listing Price: $767,667
The difference between the Average and Original numbers are because the original listing price was lowered due to the fact the price wasn't at Market Value to begin with. When this happens, it keeps getting lowered to attract offers. You run into the danger of getting it below Market Value and that you do not want. When you price it right the first time, then you will get offers close to your asking price or at asking price.
Homes That Closed
8 Single Family Homes
Average Listing Price: $502,375
Average Sold Price: $474,813
Low Listing Price: $365,000
Low Sold Price: $350,000
High Listing Price: $749,000
High Sold Price: $660,000
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Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com
Blog: http://jackieconnellyfornuff.com
Skype ID: jackieconnellyfornuff
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