The Real State of the Deer Park NY Real Estate Market October 2014
Monthly Market Snapshot for Single Family Homes
by Jackie Connelly-Fornuff with Douglas Elliman of Babylon (631) 703-0201
In October 2014, the Deer Park NY median sales price was $290,000 down 7.64% from October 2013.
But, year over year, the median sales price is up 5.71% for 2014 compared to 2013 overall.
The highest home sale for Deer Park NY in 2014 thus far is $475,000 for a six bedroom, 10 room Colonial with four full baths, one half bath, a full unfinished basement all on 10,000 square feet of property on Elmira Street. This Deer Park NY house was like new construction and was built in 1975. The former homeowners kept this house immaculate.
20 Deer Park NY homes went under contract during October 2014 which is up 33.3% from this time last year. This is due to decreasing available homes on the market and buyers are experiencing tight negotiating. The Deer Park NY housing market is in a seller’s market as long as the house is priced right so buyers should expect to pay close to or at asking price.