Hicksville School District Homes Market Trend Report - July 2008.    This report shows a statistical comparison between the month of July 2008 and the first and second quarter averages for the year, in addition to a year-over-year comparison.  This report provides information about homes sold in the Hicksville School District including:  location of homes, list price, sold price and days on market.

These monthly reports provide a relatively small sampling of homes, which often times results in extreme fluctuations that may or may not be indicative of the market trend for the Hicksville School District.

This report is designed to give factual information about sales in the Hicksville School District.  Please remember that the value of individual homes cannot be determined by evaluating broad market trends.  If you are interested in finding out the market value for your particular home, you should consider having an actual market analysis done. 

These reports are done by school district rather than town because school districts play a very important role in home prices on Long Island.   

Below the actual data you will find an analysis of the real estate trends for homes in the Hicksville School District.

JULY 2008 HOME SALES

JULY 2007 HOME SALES

YEAR-OVER-YEAR COMPARISONS 

MARKET TREND ANALYSIS: 

The July numbers for the Hicksville School District continued to show improvement.  Inventory grew at a slower pace, and the average list price and sales price rose.  Although the numbers are still lower than July of 2007, it is only by a very small margin.  The average days on market improved slightly as well, and the average continues to be lower than many surrounding areas.

CONCLUSION: 

The market in the Hicksville School District has held steady or showed improvement all year long.  The decline from 2007 is negligible.  The inventory numbers are higher this year, so homeowners should continue to price their homes to sell.  Homebuyers that are waiting for the media to declare a market "bottom" should keep in mind that homes that are properly priced in the area are selling fairly quickly.  Waiting to buy a home in the area may very well result in lost opportunities for homebuyers.

 CONTACT:  Adam Waldman, RE/MAX Best, 631-357-2036, adam@adamwaldman.com