Inventory built up again - 12/28/10 06:19 PM
There were more inventory than last year, now the inventory level in all three counties reached over 12 months supply . Units closed were in double digits decline comparing to last year; Queens declined 18%, Nassau 33%, Suffolk 28%.
....................... Inventory ..............!....... Units in contract .........................! Months Supply(note 1)
.............. Nov 10 ....... Nov 09 .......!... Nov 10 ..... Oct 10 ..... Nov 09
Queens ... 10060 ......... 9352 ......!...... 682 .......... 662 ........ 640 .........!........ 14.8
Nassau ..... 9384 ......... 8707 ......!...... 732 .......... 763 ........ 782 .........!........ 12.8
Suffolk .... 12579 ....... 12067 ......!..... 756 .......... 842 ........ 802 .........!......... 16.6
......................... Units closed ..........................*......... Median Price on closed properties
................ Nov 10 ......... Nov 09 ..... Oct 10 ......*....... Nov 10 ........... Nov 09 ........... Oct … (1 comments)

For Sale - 2 bedrooms Southridge Co-op - 12/14/10 01:50 PM
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Sold - 1 bedroom Franconia Village Co-op - 12/08/10 11:03 AM
The 1 bedroom co-op apartment is 44-55 Kissena Blvd, #1F, Flushing (between Cherry Ave & 45 Ave).
It was sold in December 2010 for $135,000. Maintenance is $558.
The development has garage (have to wait for space), beautiful courtyard, playground, laundry rooms.
Shopping, transportation are within walking distance.
The development is managed by TKR Management.
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