Roosevelt, New York Real Estate Trends-Second Quarter Report-June 30, 2012

Roosevelt, New York Real Estate Trends-Second Quarter Report-June 30, 2012

Roosevelt, New York Real Estate

Roosevelt, New York

The Roosevelt, New York Real Estate Trends-Second Quarter Report-June 30, 2012 covers Roosevelt, New York Real Estate market activity, year to year, for the 4 year period ended June 30 2012.

The report focuses on the number of Roosevelt, New York Real Estate homes sold, the median sales price and median days on market with particular attention to foreclosure and short sale data. For the years 2009-2012, the periods covered are as indicated in the following table. 

Roosevelt, New York Real Estate Number of Homes Sold

The total number of Roosevelt, New York Real Estate homes sold for the four year period ended June 30 2012 decreased from 90 in 2009 to 77 in 2012. The volume of Roosevelt , New York Real Estate sales realized its biggest decrease from 103 in 2010 to 75 in 2011. Roosevelt NY Home slaes in 2010 were sprred by the 2010 First Time Home Buyer Credit deadline The home sales volume increased slightly from 75 in 2011 to 77 in 2012.

A closer look at Roosevelt NY Homes Sold by Listing Type indicates a decrease in the number of  distressed properties (foreclosures and short sales) over the four year period. The number of Roosevelt NY foreclosures decreased from 46 in 2009 to 13 in 2012. The number of Roosevelt NY short sales increased from 8 in 2009 to 18 in 2012.

With total Roosevelt, New York Real Estate sales of 77 for 2012, the 13 Roosevelt, New York Real Estate foreclosure sale represents 16.9 % of total sales and the 18 Roosevelt, New York Real Estate short sales represents 23.4 % of total sales. 

Roosevelt, New York Real Estate Median Sales Price Overview

The median sales price of Roosevelt, New York Homes over the 4 year period ended June 30, 2012 increased from $178,500 in 2009 to $188,600 in 2012 for an increase of 5.7 %. The median sales price has  increased year to year from 2011 to 2012

The decrease in volume of Roosevelt, New York Real Estate forclosures, slight increae in short sales and signs of housing market stabilization have been elements in increasing median sales prices. The median sales price of Roosevelt, New York Real Estate foreclosures decreased from $150,000 in 2009 to $109,900 in 2012. The Roosevelt, New York Real Estate short sale median sales price decreased from $260,000 in 2009 to $132,500 in 2012.

 Roosevelt, New York Real Estate Days on Market Overview

The Roosevelt, New York Real Estate days on market inreased from 61 days in 2009 to 110 days in 2012  

Roosevelt NY Days on Market by Listing Type indicates Roosevelt NY Real Estate Foreclosures days on market increased from 45 in 2009 to 71 in 2012. Roosevelt NY Real Estate Foreclosures days on market increased from 170 in 2009 to 201.5 in 2012.