Freeport, New York Real Estate Trends-December 13, 2010

Freeport, New York Real Estate Trends-December 13, 2010

Freeport, New York 11520

The Freeport, New York Real Estate Trends-December 13, 2010 report, prepared by Home Driven Realty Inc, covers Freeport New York homes for sale and Freeport New York real estate that has closed over the 12 month period ended November 13, 2010. The report includes analysis of Freeport New York Short Sales, Freeport New York Foreclosures, Freeport New York Cooperatives and Freeport New York Condominiums. A free search Freeport, NY Homes for Sale and search Freeport, NY Real Estate option is also available.

The Incorporated Village of Freeport is located in The Town of Hempstead on the south shore of Nassau County, Long Island. Settled in the 1640s as an oystering community, Freeport maintains a commercial waterfront. Freeport also has its own municipal electric utility, police department, fire, and water departments.

Freeport, NewYork Homes for Sale

As of December 13, 2010, there were 302 Freeport, New York homes for sale. Of the 302 Freeport, NY  homes for sale there are 9 foreclosures and 89 homes marketed as short sales. The median list price is $319,990.

Colonials make up more than a third of the homes for sale (107), followed by Capes (38), Splits (29), Ranches (45) as the other top style

The largest group of Freeport, New York Homes for Sale by price range is between $250,001 and $300,000. The number of Freeport, New York Homes for Sale is 65.

There is also an active cooperative and condominium market. 77 cooperative apartments and 4 condominiums are currently available. The median list price for cooperatives is $129,500. The median list price for condominiums is $274,495.

Freeport, New York Homes Sold

There were 198 homes sold for the year ended December 13, 2010. Of this number 22 were short sales and 53 were foreclosures.

The three month period September 14, 2010 to December 13, 2010, accounted for 39 of the 198 home sales. The median sales price for this three month period was $270,000.

There were 45 cooperative and 12 condominium sales for the year ended December 6, 2010.

 Data Source: Multiple Listing Service of Long Island