Baldwin Harbor, New York Real Estate Trends-Third Quarter Report September 30 2012
Baldwin Harbor, New York Real Estate
Baldwin Harbor, New York 11510
The Baldwin Harbor, New York Real Estate Trends-Third Quarter September 30, 2012 covers Baldwin Harbor, New York real estate market activity, year to year, for the 4 year period ended September 30, 2012.
The report focuses on the number of Baldwin Harbor, 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 indicated the periods covered are as indicated in the following table.
Year |
2009 |
2010 |
2011 |
2012 |
Period Covered |
10/1/2008-9/30/2009 |
10/1/2009-9/30/2010 |
10/1/2010-9/30/2011 |
10/1/2011-9/30/2012 |
The hamlets of Baldwin and Baldwin Harbor are located in The Town of Hempstead on the south shore of Nassau County, Long Island. The two hamlets share the same zip code and school district-the Baldwin Union Free School District. North Baldwin is part of the hamlet of Baldwin. For the purposes of this report, the North Baldwin section of Baldwin will be analyzed separately. Residents consider themselves part of the same community, Baldwin.
Baldwin Harbor, New York Real Estate Number of Homes Sold
The total number of Baldwin Harbor, New York Real Estate homes sold for the four year period ended September 30, 2012 decreased from 55 in 2009 to 34 in 2012. The volume of Baldwin Harbor, New York Real Estate sales decreased year to tear from 55 in 2009 to 34 in 2012.
A closer look at the type of sales over the four year period reveals a decrease in the number of Baldwin Harbor, New York Real Estate foreclosures and Baldwin Harbor, New York Real Estate short sales. The number of foreclosures decreased from 4 in 2009 to 0 in 2012. The number of short sales decreased from 3 in 2009 to 1 in 2012.
Baldwin Harbor, New York Real Estate Median Sales Price Overview
The median sales price of Baldwin Harbor, New York Homes over the 4 year period ended September 30, 2012 declined from $415,000 in 2009 to 385,000 in 2012 for a decrease of 7.2 %.
The decrease in median sales price of Baldwin Harbor, New York Real Estate conventional, foreclosure, short sales and the economic downturn have been elements in declining median sales prices. The median sales price of Baldwin Harbor, New York Real Estate foreclosures decreased from $327,500 in 2009 to 0 in 2012. The Baldwin Harbor, New York Real Estate short sale median sales price decreased from $392,200 in 2009 to $375,000 in 2012.
Baldwin Harbor, New York Real Estate Days on Market Overview
The Baldwin Harbor, New York Real Estate days on market increased from 95 days in 2008 to 121 days in 2012.
Data Source: Multiple Listing Service of Long Island
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