Hewlett, Hewlett Bay Park & Hewlett Harbor NY 11557 Real Estate Market Update – January 2010

By
Real Estate Agent with Allen Tate Company

findyourhomeli.com

Hewlett, Hewlett Bay Park & Hewlett Harbor NY 11557
Real Estate Market Update - January 2010

New Listings

Total New to the Market

11

Average List Price

$845,090

 

 

Sold Listings

Days on Market (DOM)

390

Total

2

Average List Price

$387,000

Average Sold Price

$370,000

   

% Selling Price/Listing Price

96%

  

Current Active 11518 Listings as of January 31, 2010

Average List Price

$ 1,015,863

Total Homes Currently Active

79

The Hewletts encompass 2 School Districts - Hewlett-Woodmere School District 14 and Lynbrook School District 20. This report includes homes in both school districts.

Tip:  Price your home where comparables have sold versus where comparables have been sitting on the market, this will greatly reduce the amount time on the market.  Today's market is ALL ABOUT PRICE.

Tip: If you own more than your home is worth and you need to Sell.  Short Sale your Home (i.e. Price it to Sell).  I recommend working with an agent, who has systems in place to do short sales. We have successfully completed a number of short sales, on both buyer and seller sides.

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