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Real Estate Market Conditions, What's Selling in Bellmore - November, 2010

By
Real Estate Agent with Douglas Elliman Real Estate 516-457-7103

 waterfront home Bellmore

 

Whether you're considering buying a home in Bellmore or selling your current Bellmore real estate, knowing what the statistics are telling us about market conditions can be helpful in making your decision.  For the month of November, 2010, 25 homes sold in Bellmore, 11 of them in North Bellmore, 10 in Bellmore and 4 in South Bellmore.  Of those, 6 were capes, 8 colonials, 1 cottage, 3 expanded capes, 2 expanded ranches, 1 hi ranch, 2 ranches and 2 splits.

  • Selling prices, on the low end - $189,900
  • On the high end - $1,575,000
  • Average days on the market  - 73 

How does this compare with sales of residential real estate in Bellmore one year ago?  Let's take a look at the numbers.  From November 1 - 30, 2009, 21 homes sold, 9 in Bellmore, 10 in North Bellmore and 2 in South Bellmore. 

  • Selling prices, on the low end - $185,000
  • On the high end - $820,000
  • Average days on the market - 124

I would caution that you use the numbers only as a broad reference point when checking into housing possibilities in Bellmore, either on the buying side or selling.  Always consult with a Realtor® for the best current information. 

The only way we can put this in any kind of historical perspective is to look at the data over a period of time, so check back.  I'll be giving you the sold homes information about Bellmore every month.  If you're thinking of buying or selling a home anytime soon, feel free to give me a call or send me an email.  I'll be more than happy to help you reach your real estate goals.  Check here for last month.

The following are current market statistics for the last week in November, 2010 in Bellmore.

*Data as reported by Multiple Listing Service of Long Island. 

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About the author:  Geri Sonkin is a Licensed Broker Associate/Stager/Decorator serving Long Island sellers and buyers for over 24 years. Areas of expertise include Nassau County, Suffolk County, Queens and Brooklyn. Specializing in resales, new construction, co-ops/condos, waterfront homes, estates, short sales, rentals and staging your home to sell for the most money the market will bear. For more information: www.LongIslandsBestHomes.com For new construction: http://2274Woodbine.GreatCustomHome.com516-425-6098 Search all MLS listings and access up to date market statistics at AtHomeOnLongIsland.comAll text and graphics contained herein Copyright © 2010 Geri Sonkin & its licensors. All rights reserved.

If you're considering buying, selling or staging a home on Long Island, I'm here to help.  Just give me a call or send me an email.

 

 

Geri Sonkin

Long Island Real Estate Expert


Home Stager,   Decorator

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Comments (4)

Brian Rugg
Rugg Realty LLC Sun City Texas 512-818-6700 - Georgetown, TX
Sun City TX Real Estate - Georgetown, TX Real Est

Happy Holidays Geri:

 

Great photo and great message. You are dealing with quite a range of low end at 185K to over 1.5 million. Sounds like something for everyone.

Dec 04, 2010 03:10 PM
Geri Sonkin
Douglas Elliman Real Estate 516-457-7103 - Merrick, NY
Long Island Real Estate & Staging Expert

Brian, Happy holidays to you too.  Actually the low end home in November is an aberration here.  It's been many years since you could expect to get real estate anywhere near that price in Bellmore or any of the neighboring towns.

Dec 04, 2010 03:27 PM
Olympus Executive Realty Inc.
Olympus Executive Realty INC. - Orlando, FL
Home Of The Top Producers

Thank you for the great wealth of information and update on your area, Great work! Wishing you the best!

Dec 04, 2010 03:49 PM
Steve, Joel & Steve A. Chain
Chain Real Estate Investments & Mortgage, Steve & Joel Chain - Cottonwood, CA

Geri,

Great stats; looks like an improving market in Bellmore.

Steve

Dec 04, 2010 04:59 PM