nassau county new york real estate: Could the Real Estate Market Be Turning?
- 08/07/18 11:23 AM
This past months’ market statistics point to a possible turning point in the market. Both inventory and absorption rate are climbing. July should be a month where both fall. In Nassau County inventory rose to 5732 homes on August 1st against 5589 homes last month and 5281 homes last August 1st. The year to year rise is 8%. In our local market in Syosset the change is more dramatic. 121 homes were on the market on August 1st. Last year that number was only 78 homes. That’s a 55% increase. Absorption rate in Nassau county has climbed to 4.7 months of … (1 comments)
Extended 3 Bedroom, 2 Full Bath Ranch! Entry hall, living room, dining room plus extra extension, oversized den, 24X20 with fireplace. Full finished basement, 200 Amp, gas service, updated Andersons, new front entrance & bay window, sandstone & shingle, in-ground sprinklers. New hot water heater, new washer/dryer, professionally landscaped on a Cul-de-sac, new roof. Property Lovers Delight!
This past months’ market statistics point to a possible turning point in the market. Both inventory and absorption rate are climbing. July should be a month where both fall. In Nassau County inventory rose to 5732 homes on August 1st against 5589 homes last month and 5281 homes last August 1st. The year to year rise is 8%. In our local market in Syosset the change is more dramatic. 121 homes were on the market on August 1st. Last year that number was only 78 homes. That’s a 55% increase. Absorption rate in Nassau county has climbed to 4.7 months of … (1 comments)
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