Elmont, New York Real Estate Trends-October 18, 2010
Elmont, New York 11411
The following is the Elmont Real Estate Trends-October 18, 2010 report. The report covers Elmont, New York homes for sale and homes that have closed over the 12 month period ended October 18, 2010. The report includes analysis of Elmont New York Short Sales, Elmont New York Foreclosures, Elmont New York cooperatives and Elmont New York Condominiums. A free search Elmont, NY Homes for Sale and search Elmont, NY Real Estate option is also available.
The hamlet of Elmont is located in the Town of Hempstead in Nassau County, New York. Elmont, New York is the home of the Belmont Stakes, the third jewel of the Triple Crown, and was also where Heisman Trophy Winner and NFL Quarterback Vinny Testaverde grew up.
Elmont, New York Homes for Sale
As of October 18, 2010, there were 221 Elmont, NY homes for sale. Of the 221 Elmont, NY homes for sale, there are 9 foreclosure and 58 homes marketed as short sales. The median list price is $349,000.
Capes make up 97 of the listed properties followed by Colonials (55), Ranch (21), Expanded Cape (8), Two Story (13)
The largest groups of Elmont NY Homes for Sale by price range were in the $300,001 to $350,000 and $350,001 to $400,000 bands. There were 56 homes available in each band.
There was also an active cooperative and condominium market. There were 17 cooperatives available with a median list price of $150, 000 and 3 condominium with a sales price of $320,000.
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There were 233 Elmont, NY Real Estate homes sold for the year ended October 18, 2010. Of this number 17 were Elmont, NY Real Estate short sales and 55 were foreclosures.
The three month period July 19, 2010 to October 18, 2010, accounted for 51 of the 233 home sales. The median sales price for this three month period was $315, 000.
There were no cooperative or condominium sales.
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Website: www.HomeDrivenRealty.com
Data Source: Multiple Listing Service of Long Island
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