Baldwin New York Real Estate Trends-Third Quarter Report, September 30 2011

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Real Estate Broker/Owner with Home Driven Realty, Inc

Baldwin New York Real Estate Trends-Third Quarter Report, September 30 2011

Baldwin, New York Real Estate

Baldwin, New York 11510

The Baldwin, New York Real Estate Trends-Third Quarter Report, September 30, 2011 covers Baldwin, New York real estate market activity, year to year, for the 4 year period ended September, 2011.

The report focuses on the number of Baldwin, New York Real Estate homes sold, the median sales price and median days on market with particular attention to foreclosure and short sale data. For the years indicated the periods covered appear in the following table. 

 

Year

2008

2009

2010

2011

Period Covered

10/1/2007-9/30/2008

10/1/2008-9/30/2009

10/1/2009-9/30/2010

10/1/2010-9/30/2011

  

The hamlets of Baldwin and Baldwin Harbor are located in The Town of Hempstead on the south shore of Nassau County, Long Island. The two hamlets share the same zip code and school district-the Baldwin Union Free School District. North Baldwin is part of the hamlet of Baldwin. For the purposes of this report, the North Baldwin section of Baldwin will be analyzed separately. Residents consider themselves part of the same community, Baldwin.

 

Baldwin Public Library

 

 

 

 

Baldwin, New York Real Estate Number of Homes Sold

The total number of Baldwin, New York Real Estate homes sold for the four year period ended September 30, 2011 declined  from 126 in 2008 to 131 in 2011.

 

 

Baldwin, NY Homes For Sale Graph 

 

A closer look at the type of sales over the four year period reveals an increase in the number of Baldwin, New York Real Estate foreclosures and Baldwin, New York Real Estate short sales. The number of foreclosures increased from 6 in 2008 to 13 in 2011. The number of short sales increased from 1 in 2008 to 12 in 2011.

  Baldwin, NY Homes Sold Graph

 

With total Baldwin, New York Real Estate sales of 131 for 2011, the 13 Baldwin, New York foreclosure sales represents 9.0 % of total sales and the 12 Baldwin, New York short sales represents 8.9% of total sales

 

Baldwin Park

 

Baldwin, New York Real Estate Median Sales Price Overview

The median sales price of Baldwin, New York Homes over the 4 year period ended September 30, 2011 declined from $390,000 in 2008 to $320,000 in 2011 for a decrease of 17.9%. The median sales price decreased from 2010 to 2011.

 Baldwin, NY Homes For Sale Graph

The growth in volume of Baldwin, New York Real Estate foreclosures, short sales and the economic downturn have been elements in declining median sales prices. The median sales price of Baldwin, New York Real Estate foreclosures declined from $342,480 in 2008 to $240,000 in 2011.  The Baldwin, New York Real Estate short sale median sales price declined from $432,ooo in 2008 to $280,000 in 2011.

  Baldwin, NY Homes Sold Graph 

 

Baldwin, New York Real Estate Days on Market Overview

 

The Baldwin, New York Real Estate days on market decreased from 106 days in 2008 to 98 days in 2011.

 

 

 

 

 Baldwin, NY Homes For Sale Graph

 


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Data Source: Multiple Listing Service of Long Island

Information deemed Relable but not Guaranteed.

All photos and written content were produced by Patrick White. All Rights Reserved. This content may not be reproduced or reprinted, except for Active Rain Re-blogging, without express written  permission of Patrick White, REALTOR®, Home Driven Realty, Inc., Baldwin, New York.

Patrick White, IMSD, e-Pro, RSPS, SFR, SRES, Realtor
Licensed Real Estate Broker

Certified HUD Foreclosure Broker

Home Driven Realty Inc
www.HomeDrivenRealty.com

mailto://Pat@HomeDrivenRealty.com

www.Facebook.com/HomeDrivenRealtyInc


Twitter http://twitter.com/#!/BaldwinLI

Mobile Telephone: 917 533-8475
Fax: 516 867-6476

  


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Comments (4)

Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Patrick ......nice market report as always!
Have a Great Night!


Go VOLS!

Oct 19, 2011 01:02 PM
Patrick White
Home Driven Realty, Inc - Baldwin, NY
Driven to bring New Yorkers home

Good evening Rob

Thanks for the post. Have a great say.

Oct 19, 2011 03:23 PM
Michele Cadogan 917-861-9166
Fillmore Real Estate 2990 Av U, Bklyn , NY 11229 - Brooklyn, NY
Licensed Real Estate Associate Broker -

 

Patrick as always your trend reports are well presented.  Hoping that you have entered Activerain market report challenge.  Have a great weekend

Oct 21, 2011 09:05 AM
Patrick White
Home Driven Realty, Inc - Baldwin, NY
Driven to bring New Yorkers home

Good Evening Michelle

Thanks for the post and heads up in reference to the Challenge. Have a great day

Oct 21, 2011 10:55 AM