Elmont, New York Real Estate Trends-March 25, 2011
Elmont, New York 11003
The following is the Elmont Real Estate Trends-March 25, 2011 report. The report covers Elmont, New York homes for sale and homes that have closed over the 12 month period ended March 25, 2011. The report includes analysis of Elmont New York Short Sales, Elmont New York Foreclosures, Elmont New York cooperatives and Elmont New York Condominiums. A free search Elmont, NY Homes for Sale and search Elmont, NY Real Estate option is also available.
The hamlet of Elmont is located in the Town of Hempstead in Nassau County, New York. Elmont, New York is the home of the Belmont Stakes, the third jewel of the Triple Crown, and was also where Heisman Trophy Winner and NFL Quarterback Vinny Testaverde grew up.
As of March 25, 2011, there were 230 Elmont, NY homes for sale. Of the 230 Elmont, NY homes for sale, there are 2 foreclosures and 69 homes marketed as short sales. The median list price is $339,000.
Capes make up 98 of the listed properties followed by Colonials (73), Ranch (19), Expanded Cape (11), Two Story (14)
The largest group of Elmont NY Homes for Sale by price range were in the $300,001-$350,000 band. There were 71 homes available.
There was also an active cooperative and condominium market. There were 14 cooperatives available with a median list price of $150, 000 and 4 condominium with a sales price of $292,450.
There were 187 Elmont, NY Real Estate homes sold for the year ended March 25, 2011. Of this number 20 were Elmont, NY short sales and 30 Elmont NY foreclosures.
The three month period December 26 2010 to March 25 2011, accounted for 30 of the 187 home sales. The median sales price for this three month period was $290,600.
There were 8 Elmont NY Cooperatives sold for year ended March 25 2011. The Median Sales Price was $150,000.
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