Massapequa Long Island NY Real Estate
Housing Market Report April 2014
For The Month of April 2014
View 250 Massapequa Homes For Sale Up From 220 In March
View 76 Massapequa Park Homes For Sale Up From 68 In March
To view 8 buying your home now tips Click Here.
In the month of March 28 Homes Sold in Massapequa 11758 & 11762 - Up from 22 Homes Sold in Massapequa in March
The Lowest Sold Price was $215,000 - Up from $201,100 in March
SD 23 - Sold As Is
The Highest Sold Price was $720,000 - Up from $627,000 In March
SD 23 - Waterfront - Taxes - $21,519.00 - 
The Median Sold Price Was $416,500 - Down from $418,750 in March
The Median Property Taxes were $10,739 - Down from $10,875 in March
The Average Days on the market were 70 - Down from 165 in March
Statistics
| Listing Price | 28 | $450,560 | $427,000 | $399,000 | $249,000 | $739,000 |
| Original Price | 28 | $463,953 | $427,000 | $329,000 | $249,000 | $849,000 |
| Sold Price | 28 | $435,893 | $415,500 | $280,000 | $215,000 | $720,000 |
| % Difference | 28 | 3.41 | 2.8 | 0 | -6.5 | 13.7 |
| Taxes | 27 | $11,166 | $10,739 | $7,298 | $7,298 | $21,519 |
| Bedrooms | 28 | 3.3 | 3 | 3 | 2 | 5 |
| Baths | 28 | 1.9 | 2 | 2 | 1 | 3 |
| Days On Market | 28 | 70 | 59 | 23 | 14 | 231 |
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The above sales report covers the entire Massapequa area (11758 and 11762) and all MLS participating brokers. If you're home is currently on the market this report makes it is apparent that the supply remains much greater than the demand which necessitates pricing your home competitively to compete with the vast number of other homes on the market. Sellers should note that pricing is stable, not rising but no longer falling. However rates are rising which certainly will have a negative effect on Long Island home values as we move forward. As property taxes rise property values must fall. Contact us for a free market evaluation to determine if your property is over accessed. Click here for a free on-line evaluation. Buyers should note that higher interest rates as well as rising property taxes will have a negative effect on their approved loan amount. Click here for a free pre-approval. If you are serious about buying a home on Long Island buy sooner rather than later. If you are thinking of putting your home on the market please contact us for a free no obligation consultation. To view 5 things sellers much require of a real estate agent Click Here. If you are in the market to buy a home on Long Island please contact us to assist you with your purchase as we have done for home-buyers since 1984. If you are interested in receiving an all cash offer for your house please contact us. View 25,727 Nassau & Suffolk County Homes for Sale Massapequa Housing Market Report December 2013 Massapequa Housing Market Report January 2014Massapequa Housing Market Report February 2014 Massapequa Housing Market Report March 2014 |
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