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

By
Real Estate Agent with Douglas Elliman Real Estate in Babylon NY

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

230 Short Sale homes were placed on the market in Suffolk County, NY during this period.

Average Listing Price: $269,684
Taxes: $6,862

Low Listing Price: $45,000
Taxes: $280.34

High Listing Price: $1,900,000
Taxes: $26,727.25

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

208 Homes went under contract in Suffolk County, NY during this period.

Average Listing Price: $288,340
Original Listing Price: $349,237
Taxes: $7,314

Low Listing Price: $95,000
Original Listing Price: $28,990
Taxes: $2,901.42

High Listing Price: $2,500,000
Original Listing Price: $4,750,000
Taxes: $18,348.68

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

210 Homes Closed in Suffolk County, NY during this period.

Average Listing Price: $275,340
Original Listing Price: $309,490
Sold Price: $258,963
% Difference: 5.64
Taxes: $7,516

Low Listing Price: $69,000
Original Listing Price: $69,000
Sold Price: $57,000
% Difference: -19.3
Taxes: $2,977.79

High Listing Price: $675,000
Original Listing Price: $799,000
Sold Price: $600,000
% Difference: 41.4
Taxes: $16,629

The chart below represents the towns that had short sale homes sold:

Amityville 1
Babylon 1
Bay Shore 10
Bayport 2
Bellport 2
Brentwood 30
Brookhaven 2
Center Moriches 3
Centereach 4
Central Islip 12
Commack 1
Copiague 4
Coram 4
Cutchogue 1
Deer Park 4
Dix Hills 2
E. Northport 2
E. Patchogue 9
E. Quogue 1
East Hampton 1
East Islip 1
East Moriches 1
Farmingville 1
Flanders 1
Greenlawn 1
Hampton Bays 4
Holbrook 1
Holtsville 2
Huntington 3
Huntington Sta 3
Islandia 1
Islip 2
Islip Terrace 1
Kings Park 2
Lake Grove 3
Lake Ronkonkoma 1
Lindenhurst 6
Manorville 1
Mastic 6
Mastic Beach 4
Mattituck 1
Medford 7
Miller Place 1
Mt. Sinai 3
N. Babylon 5
Patchogue 4
Port Jefferson 1
Pt.Jefferson Sta 4
Ridge 1
Riverhead 1
Rocky Point 2
Ronkonkoma 3
Sayville 2
Selden 7
Setauket 2
Shirley 7
Shoreham 1
Smithtown 1
Sound Beach 3
St. James 1
W. Babylon 4
Wading River 1
West Islip 1
Westhampton Bch 1
Wheatley Heights 1
Wyandanch 2
Yaphank 2

Comments(2)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

HI Jackie,  I was just curious where listing prices in general (not necessarily short sales) are higher...in Nassau or Suffolk County?  If you have the information, maybe you could post a blog for me to give to a friend that asked me.  Thanks!!

Feb 16, 2010 11:48 AM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Carole, I'm going to do Nassau tonight. Probably before or by 9:30 :)

Feb 16, 2010 12:01 PM