Freeport, New York Real Estate Trends-August 30, 2010
Freeport, New York 11520
The Freeport, New York Real Estate Trends-August 30, 2010 report, prepared by Home Driven Realty Inc, covers Freeport New York homes for sale and Freeport New York real estate that has closed over the 12 month period ended August 30, 2010. The report includes analysis of Freeport New York Short Sales, Freeport New York Foreclosures, Freeport New York Cooperatives and Freeport New York Condominiums. A free search Freeport, NY Homes for Sale and search Freeport, NY Real Estate option is also available.
The Incorporated Village of Freeport is located in The Town of Hempstead on the south shore of Nassau County, Long Island. Settled in the 1640s as an oystering community, Freeport maintains a commercial waterfront. Freeport also has its own municipal electric utility, police department, fire, and water departments.
Freeport, NewYork Homes for Sale
As of August 30, 2010, there were 327 Freeport, New York homes for sale. Of the 327 Freeport, NY homes for sale there are 16 foreclosures and 90 homes marketed as short sales. The median list price is $339,000.
Colonials make up more than a third of the homes for sale (113), followed by Capes (39), Splits (38), High Ranches (31) as the other top styles.
The largest group of Freeport, New York Homes for Sale by price range is between $350,001 and $400,000. The number of Freeport, New York Homes for Sale is 67.
There is also an active cooperative and condominium market. 92 cooperative apartments and 12 condominiums are currently available. The median list price for cooperatives is $139,000. The median list price for condominiums is $274,495.
Freeport, New York Homes Sold
There were 217 homes sold for the year ended August 30, 2010. Of this number 23 were short sales and 65 were foreclosures.
The three month period May 31, 2010 to August 30, 2010, accounted for 60 of the 217 home sales. The median sales price for this three month period was $295,000.
There were 48 cooperative and 13 condominium sales for the year ended August 30, 2010.
Data Source: Multiple Listing Service of Long Island
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