Massapequa NY Sold Homes Statistics 5/19/13

By
Home Builder with Long Island Cash Home Buyer

Massapequa NY Sold Homes Statistics for the  week of  5/12/13 - 5/19/13

   There are currently 286 Homes available for sale in Massapequa. To view these Massapequa Homes For Sale Click Here.

 To view 8 buying your home now tips Click Here.

  This Week there were 7 Homes Sold in Massapequa 11758 & 11762

  The Lowest Sold Price was $235,000.00.

 

 

The Highest Sold Price was $760,000 - New Construction

 

 The Median Sales Price Was $425,500.00 Up from Last year

 The Median Property Taxes were $12,125 - Up from last year

 The Average Days on the Market were 54 - Down from last year

Statistics

FieldCountMean
(Average)MedianModeLowHigh
Listing Price 7 $500,424 $430,000 $249,990 $249,990 $850,000
Original Price 7 $516,710 $465,000 $249,990 $249,990 $879,000
Sold Price 7 $460,357 $425,000 $235,000 $235,000 $760,000
% Difference 7 7.43 3.9 1.2 1.2 20
Taxes 6 $13,111 $12,124 7850.34 7850.34 $22,239
Bedrooms 7 4 4 4 3 5
Baths 7 2.5 2.5 2 2 3
Days On Market 7 156 54 40 40 412
(Calculations are done excluding zero-values except for %Difference)


The above sales report covers the entire Massapequa area (11758 and 11762) and all MLS  participating brokers.

  If you're home is currently on the market this report makes it is apparent that the  supply is much greater than the demand which necessitates pricing your home competitively to compete with the vast number of other homes on the market. 

There is much talk about the Real Estate Market showing improvement. This report clearly shows that our local market has shown no improvement in the number of homes being sold. Our available inventory continues to grow.  We do see that Property taxes show continue to increase making it very important for homeowners to continue grieving their property taxes which are among the highest in the Nation. We look forward to joining those areas that are seeing improvements in their Real Estate Market but it is clear that we are not there yet.

  If you are thinking of putting your home on the market please contact us for a free no obligation consultation.

 To view 5 things sellers much require of a real estate agent Click Here.

 If you are in the market to buy a home on Long Island please contact us to assist you with your purchase as we have done for home-buyers since 1984.

 For more detailed information on Massapequa Sales Statistics please contact us. 

To view 24,727 Nassau & Suffolk County Homes for Sale Click Here.

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Beth and Richard Witt

Long Island Cash Home Buyer 516-330-6940
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