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Jackie Connelly-Fornuff's Blog

By Jackie Connelly-Fornuff | Agent in Lindenhurst, NY

Lindenhurst Village NY Housing Market - Median Sold Prices for 3rd Quarter 2011

Lindenhurst Village NY Housing Market - Median Sold Prices for 3rd Quarter 2011

The 3rd quarter numbers for the Lindenhurst Village NY housing market went up slightly compared to the end of the 2nd quarter.

69 Lindenhurst NY homes sold during the 3rd quarter. Sold prices range from $120,000 to $560,000 The home that sold for $560,000 was a 5 bedroom, 9 room Colonial and new construction. It is in the Shore Gables section of Lindenhurst NY and on the market for 32 days. Originally listed for $599,000

11 out of the 69 homes sold were short sales. The median sold price is $255,000 with an average of 245 days on the market.

Lindenhurst Village NY is not a stable market right now. Median sold prices are fluctuating too much and more homes are staying on the market than going off the market.

But, homes are selling if they are priced at market value. If you really and truly want to sell your home, price it right the first time or you will find yourself chasing the market and you will not catch up to it.


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