Cedarhurst NY 11516 Real Estate Market Update – January 2010

By
Real Estate Agent with Allen Tate Company

findyourhomeli.com

Cedarhurst NY 11516 Real Estate Market Update - January 2010

New Listings

Total New to the Market

2

Average List Price

$649,450

 

 

Sold Listings

Days on Market (DOM)

428

Total

7

Average List Price

$818,000

Average Sold Price

$750,000

   

% Selling Price/Listing Price

92%

  

Current Active 11516 Listings as of January 31, 2010

Average List Price

$ 613,509

Total Homes Currently Active

31

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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