Rosedale, New York Real Estate Trends-Third Quarter Report September 30, 2012
Rosedale, New York Real Estate
Rosedale, New York 11422
The Rosedale, New York Real Estate Trends-Third Quarter Report September 30, 2012 covers Rosedale, 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 Rosedale, 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 residential community of Rosedale is located in the southeastern part of the Borough of Queens in New York City, NY. Rosedale is bordered to the north by Cambria Heights, to the east by Valley Stream and North Woodmere (both in Nassau County), the west by Laurelton and to the south by John F. Kennedy International Airport
Rosedale, New York Real Estate Number of Homes Sold
The total number of Rosedale, New York Real Estate homes sold for the four year period ended September 30, 2012 decreased from 116 in 2009 to 97 in 2012. This represents a 16.4 % decrease in sales volume. The volume of Rosedale , New York Real Estate sales realized its first increase in 4 years in 2012.
A closer look at the type of sales over the four year period reveals a decrease in the number of Rosedale, New York Real Estate foreclosures and an increase in Rosedale, New York Real Estate short sales. The number of foreclosures decreased from 34 in 2009 to 10 in 2012. The number of short sales increased from 5 in 2009 to 20 in 2012.
With total Rosedale, New York Real Estate sales of 97 for 2012, the 10 Rosedale, New York Real Estate foreclosure sale represents 10.3 % of total sales and the 20 Rosedale, New York Real Estate short sales represents 20.6 % of total sales.
Rosedale, New York Real Estate Median Sales Price Overview
The median sales price of Rosedale, New York Homes over the 4 year period ended September 30, 2012 declined from $378,144 in 2009 to $336,887 in 2012 for a decrease of 10.9 %.
The decline of Rosedale, New York Real Estate conventional, foreclosure and short sale median sales prices have been elements in declining median sales prices. The median sales price of Rosedale, New York Real Estate foreclosures decreased from $305,088 in 2009 to $288,450 in 2012. The Rosedale, New York Real Estate short sale median sales price decreased from $376,288 in 2009 to $300,000 in 2012.
Rosedale, New York Real Estate Days on Market Overview
The Rosedale, New York Real Estate days on market decreased from 84 days in 2009 to 76 days in 2012.
Data Source: Multiple Listing Service of Long Island
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