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Hempstead, New York Real Estate Trends-December 13, 2010

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Real Estate Broker/Owner with Home Driven Realty, Inc

Hempstead, New York Real Estate Trends-December 13, 2010

Hempstead, New York 11550

The Hempstead, New York Real Estate Trends-December 13, 2010 report covers Hempstead, New York Real Estate homes for sale and homes that have closed over the 12 month period ended December 13, 2010. The report includes analysis of Hempstead New York Short Sales, Hempstead New York Foreclosures, Hempstead New York cooperatives and Hempstead New York Condominiums. A free search Hempstead, New York Homes for Sale and search Hempstead, New York Real Estate option is also available.

The Village of Hempstead is located in the Town of Hempstead. It is referred to as Hempstead Village to distinguish it from the Town of Hempstead.  In addition to being the seat of government for the Town of Hempstead, the Village of Hempstead is also the most populous in the state of New York.

 

Hempstead Founders

The Village of Hempstead was settled in the Spring of 1644 by thirty to forty Puritan families that had crossed the Long Island Sound from Stamford, Connecticut to Hempstead Harbor. Thw settlers made their way to the current site of Hempstead Village. The site of the settlement was part of land purchased by Robert Fordham and James Carman on behalf of the Puritans in the fall of 1643. The parties to the real estate negotiation in addition to Messiers Fordham and Carman were representatives of the Marsapeague (Massapequa), Mericock (Merrick), Matinecock and Rekowake (Rockaway). Tackapousha, who was Sachem (Chief) of the Marsapeague served as the spokesman for the Indian tribes. 64, 000 acres of land were sold for items worth less than $100.

Hempstead Town Hall

Hempstead New York Homes Available for Sale

As of December 13, 2010, there were 349  Hempstead, NY homes for sale in Hempstead. Of the 349 homes there are 23 foreclosure and 141 homes marketed as short sales. The median list price is $260,000.

 hempstead graphs

 

Colonials made up over a third of the homes for sale (151), followed by Capes (87), Hi-Ranch (29), Ranches (35), Two Story (11) and Tudors (11) as the other top styles

  hempstead graphs

 

Property Search

The price range with the largest amount of Hempstead NY Homes for Sale is below $200,000. There are 102 homes available in this price range.

  hempstead graphs

 

There is also an active cooperative and condominium market. There are 16 co-ops and 6 condos available.

 

Hempstead Founders

 

Hempstead, New York Homes Sold

There were 202 homes sold for the year ended December 13, 2010. Of this number 30 were short sales and 86 were foreclosures.

  hempstead graphs

 

The three month period September 14, 2010 to December 13, 2010, accounted for 43 of the 202 home sales. The median sales price for this three month period was $200,000.

 

 hempstead graphs

 

 

 

Hempstead Town Hall New

 

Mobile phone: 917 533-8475
mailto://Pat@HomeDrivenRealty.com
Website: www.HomeDrivenRealty.com

Data Source: Multiple Listing Service of Long Island


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Data Source: Multiple Listing Service of Long Island

Information deemed Relable but not Guaranteed.

All photos and written content were produced by Patrick White. All Rights Reserved. This content may not be reproduced or reprinted, except for Active Rain Re-blogging, without express written  permission of Patrick White, REALTOR®, Home Driven Realty, Inc., Baldwin, New York.

Patrick White, IMSD, e-Pro, RSPS, SFR, SRES, Realtor
Licensed Real Estate Broker

Certified HUD Foreclosure Broker

Home Driven Realty Inc
www.HomeDrivenRealty.com

mailto://Pat@HomeDrivenRealty.com

www.Facebook.com/HomeDrivenRealtyInc


Twitter http://twitter.com/#!/BaldwinLI

Mobile Telephone: 917 533-8475
Fax: 516 867-6476

  


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