Commack Real Estate Market Report For Period: 11/1/09 To 11/30/09
Homes New On The Market
11 Single Family Homes
Average Listing Price: $494,717
Low Listing Price: $349,990
High Listing Price: $719,000
The High Listing Price reflects Luxury Homes
Homes Currently Under Contract
11 Single Family Homes
Average Listing Price: $449,926
Original Listing Price: $485,291
The difference between the Average and Original numbers are because the original listing price was lowered due to the fact the price wasn't at Market Value to begin with. When this happens, it keeps getting lowered to attract offers. You run into the danger of getting it below Market Value and that you do not want. When you price it right the first time, then you will get offers close to your asking price or at asking price.
Homes That Closed
24 Single Family Homes
Average Listing Price: $456,783
Average Sold Price: $434,792
Low Listing Price: $340,000
Low Sold Price: $320,000
High Listing Price: $695,000
High Sold Price: $645,000
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