Syosset NY Real Estate

Real Estate Agent - Century 21 American Homes
Local real estate around Syosset NY - Nassau County Real Estate Market
Even though the number of listings taken in Nassau County since January 1 2018 has outpaced last year’s rate by 19% the absorption rate continues to shrink to 3.9 months’ worth of inventory on May 1st.Syosset follows the general county pattern with listings up 7% and absorption rate at 3.3 months...
With the first quarter of 2018 in the books here is the relevant market data for Syosset NYCurrently on the Market – 92 homes 2 condosMedian Asking Price $904,00056 homes and 2 condos are under contract110 homes and 4 condos were put on the market since Jan 1 201844 homes and 4 condos closed sinc...
While the number of listings taken in Nassau County jumped 37% in 2017 over the number of listing taken in 2016, the number of contracts went up a meager 1.5%.   The number of listings still on the market on Jan 1 2018 is at least a 10 year low of 3733.  Where did all the listings go? Expired lis...
We are at the beginning of the fall real estate market in Syosset and the question is – Are buyers giving up on this market or is there just nothing for them to buy?  The number of homes put under contract has fallen to the lowest level since January. While there is a natural falloff in activity ...
Halfway through the year here is the relevant market data for Syosset NYCurrently on the Market – 85 homes 9 condosMedian Asking Price $799,00084 homes and 6 condos are under contract205 homes and 16 condos were put on the market since Jan 2017median asking price $739,000106 homes and 2 condos cl...
At the beginning of the traditionally strong home buying season there is no good news for buyers.  With the economy continuing to improve, unemployment low and interest rates surprisingly low  the demand for houses is crushing the supply. All markets in Long Island reflect this reality.  Nassau C...
There is a severe drought of real estate inventory on Long Island.  There are 18% less homes available in Nassau County for sale at the end of the first quarter of 2016 than the same time last year.  Similarly, Suffolk County shows a 20% decline. Our home town of Syosset follows the trend with 18...
The real estate story in Syosset continues last year’s theme of tight inventory.  We ended the year with 4.4 months’ of inventory and we now stand at 4.5 months.  73 homes are presently on the market and 16 homes were put under contract in the last 30 days.  Prices look like they will be affected...
2016 was a good year for real estate sales on Long Island and in Syosset.  395 homes were placed on the market this past year. That was 47% higher than the previous year.  268 homes sold(closed) during the year.  That is almost 22% more sales than 2015.  The average selling price was up 6% to $73...
This has been a year of scarce inventory on Long Island along with most of the United States. In Nassau County inventory peaked in May with 6366 homes on the market. As of September 1st that number was down to 5750 homes 19% lower than last year on September 1st.  Syosset inventory peaked in Apri...

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