There are currently 89 homes for sale in the Port Jefferson/Belle Terre community consisting of 11777.  17 homes went under contract or sold in the last 90 day period.  In the same time last year, from May to August 2007, 28 homes were sold.

If we listen to the news, it is doomsday all around......the important thing to remember is that if you did not purchase your home in the height of the market, you still have plenty of appreciation for your home! 

If you have to sell now, there are a few things to keep in mind:

1) Pricing is key.  Price is determined by condition of your home, are there updates?  Is it in good condition or in disrepair?

2) Location,location,location.....  With so many homes on the market, location can make one home sell faster than another....while we can't physically move our homes, we can price accordingly.

3) Condition.  The condition of your home is important.  Do you need painting and carpet?  Have you updated your kitchens and bathrooms?  How is your heat and air conditioning.  If these items are not updated, then once again, price is going to be important.

When listening to the news, please remember that all real estate is local.  What is happening in one town, may not be happening to the same extent or even at all in another town!

Feel free to contact me with any questions that you may have.

www.cyndimckenna.com

Information courtesy of Long Island MLS as of 8/21/2008