Market Statistics - What's Selling In Bellmore - December, 2010

Whether you're considering buying a home in Bellmore or selling your current Bellmore real estate, knowing what the statistics are telling us about market conditions can be helpful in making your decision.  For the month of December, 2010, 18 homes sold in Bellmore, 6 of them in North Bellmore, 8 in Bellmore and 4 in South Bellmore.  Of those, 2 were condos, 4 were capes, 3 colonials, 1 expanded capes, 1 hi ranch, 1 splanch and 6 splits.

• Selling prices, on the low end - $215,000
• On the high end - $665,000
• Average days on the market  - 116 

How does this compare with sales of residential real estate in Bellmore one year ago?  Let's take a look at the numbers.  From December 1 - 31, 2009, 21 homes sold, 7 in Bellmore, 11 in North Bellmore and 3 in South Bellmore. 

• Selling prices, on the low end -$194,000
• On the high end - $700,000
• Average days on the market - 99

I would caution that you use the numbers only as a broad reference point when checking into housing possibilities in Bellmore, either on the buying side or selling.  Always consult with a Realtor® for the best current information. 

The only way we can put this in any kind of historical perspective is to look at the data over a period of time, so check back.  I'll be giving you the sold homes information about Bellmore every month.  If you're thinking of buying or selling a home anytime soon, feel free to give me a call or send me an email.  I'll be more than happy to help you reach your real estate goals.  Check here for last month.

The following are current market statistics for the last week ending January 14, 2011 in Bellmore.

*Data as reported by Multiple Listing Service of Long Island. 

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About the author:  Geri Sonkin is a Licensed Broker Associate/Stager/Decorator serving Long Island sellers and buyers for over 24 years. Areas of expertise include Nassau County, Suffolk County, Queens and Brooklyn. Specializing in resales, new construction, co-ops/condos, waterfront homes, estates, short sales, rentals and staging your home to sell for the most money the market will bear. For more information: www.LongIslandsBestHomes.com For new construction: http://2274Woodbine.GreatCustomHome.com516-425-6098 Search all MLS listings and access up to date market statistics at AtHomeOnLongIsland.comAll text and graphics contained herein Copyright © 2010 Geri Sonkin & its licensors. All rights reserved.

If you're considering buying, selling or staging a home on Long Island, I'm here to help.  Just give me a call or send me an email.

 

Geri Sonkin Long Island Real Estate Expert Home Stager,   Decorator