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Lindenhurst NY Home Values for March 2014

By
Real Estate Agent with Douglas Elliman Real Estate in Babylon NY

The Real State of the Lindenhurst NY Real Estate Market
Monthly Market Snapshot for Single Family Homes - March 2014

by Jackie Connelly-Fornuff with Century 21 AA Realty of Lindenhurst NY

In March 2014, the Lindenhurst NY real estate market median sales price was $268,000 up 9.38% from March 2013. The highest recent sale for 2014 is $469,000 for a 4 bedroom, 11 room new construction Colonial on Idaho Street. 16 homes went under contract during March 2014 which is down 15.8% from this time last year. This is due to decreasing available homes on the market and buyers are experiencing tight negotiating and a colder than normal winter has also played a factor in the decrease of inventory. The Lindenhurst NY housing market has been in a seller’s market for over six months so expect to pay close to or at asking price for a move-in condition home.


Single Family Homes Data
                 

                                                March 2014              March 2013                %Change
Median Sold Price                 $268,000                   $245,000                 9.38%
Average Days on Market          108                            171                   -36.8%
List Price/Sold Price Ratio          4%                            3%                       1%
# of Contracts Signed              16                            19                     -15.8%
# of Homes Available              155                          216                      -28.2%

lindenhurst ny housing market march 2014
All information contained herein is provided by the Multiple Listing Serice of Long Island.

Comments(7)

Bruce Swedal
Denver, CO
Denver Real Estate

I always love hearing about new markets and the way you present this community is fantastic. Any buyers or sellers in the area should call you first.

Mar 31, 2014 10:57 PM
Beth and Richard Witt
New York, NY
The best Retired Brokers !!!!

Looks like folks thinking of buying in Lindenhurst better hurry up and do so and for sure they should contact you... Happy Day Jackie

Mar 31, 2014 11:15 PM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Bruce, so do I and thank you.

Hi Beth, Thank you and a happy day to you!

Apr 01, 2014 12:59 AM
Randy Shamburger
Movement Mortgage - Greenville, SC
FHA, VA, USDA and Conventional Mortgage Expert

Great report, thanks for sharing.

Have a Big day,

Randy

Apr 01, 2014 01:44 AM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Randy, thank you and you too.

Apr 01, 2014 07:20 AM
Karen Johnson, Realtor, ABR
Addison Wolfe Real Estate - Doylestown, PA
"Bucks County PA Homes"
Hi Jackie, these are great numbers and an easy to read market report. I hope you receive lots of clicks and leads from it!
Apr 01, 2014 11:08 AM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Karen, thank you and I hope you have a great week.

Apr 01, 2014 12:29 PM