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November 2008 Home Sales in Port Washington

By
Real Estate Agent with Laffey Fine Homes

To help get an idea of trends in single-family home sales in Port, I will be looking at sales, days the houses were on the market, price reductions of houses on the market, as well as original asking price compared to sold price, and other relevant information. According to the Listingbook database, 5 homes sold in Port during November at an average price of $719,500. (Overall, in Nassau County, the average sale price of a home in November was just under $500,000.) Port sellers received an average of 93% of their original asking price. The average days on the market for these 5 homes was 184 days.

88 Summit Road sold for $932,500

8 Revere Road sold for $570,000

There are currently 25 homes pending sale and there are another 140 properties for sale in Port.