Hempstead, New York Real Estate Trends-June 8, 2010
Hempstead, New York 11550
The Hempstead, New York Real Estate Trends-June 8, 2010 report covers Hempstead, New York Real Estate that is available for sale and homes that have closed over the 12 month period ended June 8, 2010.
The Village of Hempstead is located in the Town of Hempstead. It is referred to as Hempstead Village to distinguish it from the Town of Hempstead. In addition to being the seat of government for the Town of Hempstead, the Village of Hempstead is also the most populous in the state of New York.
The Village of Hempstead was settled in the Spring of 1644 by thirty to forty Puritan families that had crossed the Long Island Sound from Stamford, Connecticut to Hempstead Harbor and made their way to the current site of Hempstead Village. The site of the settlement was part of land purchased by Robert Fordham and James Carman on behalf of the Puritans in the fall of 1643. The parties to the real estate negotiation in addition to Messiers Fordham and Carman were representatives of the Marsapeague (Massapequa), Mericock (Merrick), Matinecock and Rekowake (Rockaway). Tackapousha, who was Sachem (Chief) of the Marsapeague served as the spokesman for the Indian tribes. 64, 000 acres of land were sold for items worth less than $100.
Hempstead New York Homes Available for Sale
As of June 8, 2010, there were 324 homes available in Hempstead Of the 324 homes there are 17 foreclosure and 119 homes marketed as short sales. The median list price is $294,500..
Colonials made up over a third of the homes for sale (138), followed by Capes (76), Hi-Ranch (37), Ranches (26), Two Story (15) as the other top styles.
There is also an active cooperative and condominium market. There are 24 co-ops and 7 condos available.
Hempstead, New York Homes Sold
There were 202 homes sold for the year ended June 8, 2010. Of this number 28 were short sales and 101 were foreclosures. The three month period March 9, 2010 to June 8, 2010, accounted for 53 of the 202 home sales. The median sales price for this three month period was $220, 000.
There were 14 cooperative sold, with a median sales price of $123, 000 and 1 condominim sold, with a sales price of $199, 000
For a customized Neighborhood Report and information on purchasing or marketing your home, please contact Pat White
Mobile phone: 917 533-8475
mailto://Pat@HomeDrivenRealty.com
Website: www.HomeDrivenRealty.com
Data Source: Multiple Listing Service of Long Island
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