November 2009 Market Statistics for East Rockaway, NY 11518

By
Real Estate Agent with Allen Tate Company

East Rockaway, NY (11518)
Market Statistics
November 2009

Homes Currently on the market 2009....34
Average Price....$ 499,705
Homes Expired in November 2009.... 2
Newly Listed in November 2009....11

Homes That Went into Contract in November 2009... 6
Homes Closed in November 2009.... 11
Average Days on Market....128
Average Sales Price (Closed Homes)...$ 370,272
Average Listing Price (Closed Homes)...$  399,909

East Rockaway, a small boating community in the southwest corner of Nassau County, is composed of a village and the unincorporated area of Bay Park.

East Rockaway also has shops, restaurants, houses of worship, a museum, recreation center, senior center, a recently expanded library and two railroad stations.

In the past half decade, the village has been working on a variety of projects, including waterfront revitalization. "We are big into making improvements to the infrastructure," said Dennis McCabe, village clerk-treasurer.

The downtown area by the Centre Avenue Long Island Rail Road station has new curbs, brick pathways, antique-style lighting and benches. Storefronts have new facades, and the parking fields at both train stations have been renovated. "It's been a long process, but we're coming to the homestretch," McCabe said.

The community's eclectic housing stock includes cottages (near the water), various ranch styles, capes, Colonials, split-levels and a smattering of contemporaries, Victorians and Tudors. New homes replacing razed ones are usually priced between $600,000 and $750,000.

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