Real estate trends vary from market-to-market, so the use of broad statistics doesn't usually give you an accurate assessment of what is going on in your particular market.  In this Nassau County report, you will find a sampling of six markets broken down by school district, rather than town. 

On Long Island, school districts are very important to determining what's going on in the housing market, and since school district lines are cut in a unique way here, this is the most accurate way of reporting market trends.

When reading these reports, please understand that this is purely based on averages, and that the value of an individual's home cannot be determined strictly by using averages.  The purpose of these reports is to give Long Islanders a sampling of where the market was last time at this year, and where it is now.  For more specific data about your individual home, please feel free to contact me directly.  My contact information is listed at the bottom of the page.

The sample school districts chosen for this market report are as follows: Syosset, Jericho, Plainview-Old Bethpage, Hicksville, Levittown and Bethpage.   If you would like a trends report for your particular school district, you may contact me directly as well.

PLEASE NOTE:  Due to the fact that there are multimillion dollar homes located within the school districts of Syosset and Jericho, the market trends show greater fluctuations than other markets.

As was noted earlier, the market trends for the Syosset School District are skewed heavily due to the sales of multimillion dollar homes.  Should this report be run without those homes, the numbers would change, however the trends are still the same.  The prices have trended downwards, inventory has increased slightly, the ratio of asking price to sales price has remained flat, as has the average days on market.  

As is the case with the Syosset School District, the Jericho School District also has drastic fluctuations due to the sale of multimillion dollar homes, but the trends would remain without these homes being included.  The prices have trended upwards, and inventory remained flat.  The ratio between asking price and sales price has deteriorated a bit, but the average days on market improved.  It is important to note that the amount of closings in Jericho was so small that these market trends are easily exaggerated.

Home prices in the Plainview Old Bethpage School District trended down, while inventory was slightly increased.  The ratio of asking price to sales price deteriorated slightly, and the average days on market rose slightly.  

Home prices in the Hicksville School District trended down, inventory rose, the ratio of asking price to sales price remained flat, and the days on market improved.

Home prices in the Levittown School District trended down, while the inventory increased.  The ratio of asking price to sales price improved slightly, and the average days on market remained flat.

Great news for home sellers in the Bethpage School District!  The prices trended higher as inventory stayed flat.  The ratio of asking price to sales price remained flat, and the average days on market increased slightly.  At a time when most areas have prices either trending down or staying flat, the Bethpage market is showing great strength.

If you have any questions about these reports or your particular home or school district, please feel free to contact me directly.