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Adam Waldman - Long Island REALTOR®

Levittown School District Homes ~ Market Trends Report ~ May 2008

Levittown School District Homes Market Trend Report - May 2008.  This report shows a statisical comparison between the first quarter averages and the months of April and May for 2008, in addition to a year-over-year comparison.  This report provides information about homes sold in the Levittown School District including:  location of homes, list price, sold price and days on market.

 

It is important to note that monthly reports provide a relatively small sampling of homes which often times results in extreme fluctuations that may or may not be indicative of the market trend for the Levittown School District.  The quarterly market trend has more data, and as such, gives a more accurate look at the current market trend.  However, it should be noted that the market data is still relatively small and subject to extreme fluctuations based on sales that are atypical of the rest of the sales in the Levittown School District. 

 

This report is designed to give factual information about sales in the Levittown School District.  If you are interested in finding out the market value for your particular home, you should consider having an actual market analysis done. 

 

These reports are done by school district rather than town because school districts play a very important role in home prices on Long Island.   

 

Below the actual data you will find an analysis of the real estate trends for homes in the Levittown School District.

 

MAY 2008 HOME SALES

Levittown Home Sales - May 2008

 

MAY 2007 HOME SALES

Levittown Home Sales - May 2007

 

YEAR-OVER-YEAR COMPARISONS 

Levittown Home Trends

 

MARKET TREND ANALYSIS: 

The inventory numbers showed improvement over the first quarter averages and the month of April, and were comparable to May of 2007.  The home prices were down slightly, but the ratio between sold price and list price showed improvement. 

 

CONCLUSION:

There were a few closings that helped bring the average price down.  One of the closings was only for $200,000, which is far below the average.  These low price closings have a big impact on a sample size this small. 

Overall, there is still plenty of inventory, and home sellers will need to be competitively priced if they are truly motivated to sell their home.  Homebuyers, particularly first-time homebuyers, are likely to find opportunities in the Levittown School District that haven't been there in the past few years.

 

About The Author

Adam Waldman is a Long Island Residential Real Estate Professional that can assist you with the purchase and/or sale of real estate on Long Island, from bank owned homes to new construction to waterfront property, and everything in between. Adam is also a Relocation Specialist that has created a network of real estate professionals throughout the country in an effort to assist relocating Long Islanders in their transition to new areas. These professionals are experts in the field of relocation and can serve many purposes beyond a simple home search.

Please visit www.TheLIReloGuy.com for your relocation needs and www.AdamWaldman.com for your local needs.

Adam Waldman - RE/MAX Best - 631-357-2036 - adam@AdamWaldman.com

Kings Park School District Homes ~ Market Trend Report ~ May 2008

Kings Park School District Homes Market Trend Report - May 2008.  This report shows a statisical comparison between the first quarter averages and the months of April and May for 2008, in addition to a year-over-year comparison.  This report provides information about homes sold in the Kings Park School District including:  location of homes, list price, sold price and days on market.

 

It is important to note that monthly reports provide a relatively small sampling of homes which often times results in extreme fluctuations that may or may not be indicative of the market trend for the Kings Park School District.  The quarterly market trend has more data, and as such, gives a more accurate look at the current market trend.  However, it should be noted that the market data is still relatively small and subject to extreme fluctuations based on sales that are atypical of the rest of the sales in the Kings Park School District. 

 

This report is designed to give factual information about sales in the Kings Park School District.  As is the case with many school districts on Long Island, the Kings Park School District has a very broad spectrum of home prices (starter, mid-level, luxury), and the value of individual homes cannot be determined by evaluating broad market trends.  If you are interested in finding out the market value for your particular home, you should consider having an actual market analysis done. 

 

These reports are done by school district rather than town because school districts play a very important role in home prices on Long Island.   

 

Below the actual data you will find an analysis of the real estate trends for homes in the Kings Park School District.

 

MAY 2008 HOME SALES

Kings Park Home Sales - May 2008

 

MAY 2007 HOME SALES

Kings Park Home Sales - May 2007

 

YEAR-OVER-YEAR COMPARISONS 

Kings Park Home Trends

 

MARKET TREND ANALYSIS: 

The May numbers showed a drop from April as well as the first quarter averages and the year-over-year comparison.

 

CONCLUSION:

This was a very unusual month for home sales in the Kings Park School District, as three of the home sales were below $400,000 and there was one home sale for less than $300,000.  With relatively few home sales for the month, these unusual sales heavily skewed the statistics.  There is no denying that home prices have depreciated overall from 2007, but this month may have beeen an anomoly in comparison to the 2008 trend.

Home sellers must realize that prices are definitely lower this year, and will need to price accordingly if they are truly motivated to sell.  Homebuyers, on the other hand, should look at this as a great opportunity to purchase a home in the Kings Park School District.

 

About The Author

Adam Waldman is a Long Island Residential Real Estate Professional that can assist you with the purchase and/or sale of real estate on Long Island, from bank owned homes to new construction to waterfront property, and everything in between. Adam is also a Relocation Specialist that has created a network of real estate professionals throughout the country in an effort to assist relocating Long Islanders in their transition to new areas. These professionals are experts in the field of relocation and can serve many purposes beyond a simple home search.

Please visit www.TheLIReloGuy.com for your relocation needs and www.AdamWaldman.com for your local needs.

Adam Waldman - RE/MAX Best - 631-357-2036 - adam@AdamWaldman.com

Jericho School District Homes ~ Market Trends Report ~ May 2008

Jericho School District Homes Market Trend Report - May 2008.  This report shows a statisical comparison between the first quarter averages and the months of April and May for 2008, in addition to a year-over-year comparison.  This report provides information about homes sold in the Jericho School District including:  location of homes, list price, sold price and days on market.

 

It is important to note that monthly reports provide a relatively small sampling of homes which often times results in extreme fluctuations that may or may not be indicative of the market trend for the Jericho School District.  The quarterly market trend has more data, and as such, gives a more accurate look at the current market trend.  However, it should be noted that the market data is still relatively small and subject to extreme fluctuations based on sales that are atypical of the rest of the sales in the Jericho School District. 

 

This report is designed to give factual information about sales in the Jericho School District.  As is the case with many school districts on Long Island, the Jericho School District has a very broad spectrum of home prices (starter, mid-level, luxury), and the value of individual homes cannot be determined by evaluating broad market trends.  If you are interested in finding out the market value for your particular home, you should consider having an actual market analysis done. 

 

These reports are done by school district rather than town because school districts play a very important role in home prices on Long Island.   

 

Below the actual data you will find an analysis of the real estate trends for homes in the Jericho School District.

 

MAY 2008 HOME SALES

Jericho School District Home Sales - May 2008

 

MAY 2007 HOME SALES

Jericho School District Home Sales - May 2007

 

YEAR-OVER-YEAR COMPARISONS 

Jericho Home Trends

 

MARKET TREND ANALYSIS: 

There were so few closings during the month of May in the Jericho School District, that discussing the trends is a challenge.  The one statistic of note is that the average days on market for these sales was well below the typical Jericho averages (both 2008 and 2007).  

 

CONCLUSION:

Aside from the drop in average days on market, there is too little data to do a thorough analysis of the market.  The broad price range, and limited amount of transactions heavily skews the statistics.  Any homeowner that is interested in selling their home should have a market analysis done specific to their home.

 

About The Author

Adam Waldman is a Long Island Residential Real Estate Professional that can assist you with the purchase and/or sale of real estate on Long Island, from bank owned homes to new construction to waterfront property, and everything in between. Adam is also a Relocation Specialist that has created a network of real estate professionals throughout the country in an effort to assist relocating Long Islanders in their transition to new areas. These professionals are experts in the field of relocation and can serve many purposes beyond a simple home search.

Please visit www.TheLIReloGuy.com for your relocation needs and www.AdamWaldman.com for your local needs.

Adam Waldman - RE/MAX Best - 631-357-2036 - adam@AdamWaldman.com

Hicksville School District Homes ~ Market Trends Report ~ May 2008

Hicksville School District Homes Market Trend Report - May 2008.  This report shows a statisical comparison between the first quarter averages and the months of April and May for 2008, in addition to a year-over-year comparison.  This report provides information about homes sold in the Hicksville School District including:  location of homes, list price, sold price and days on market.

 

It is important to note that monthly reports provide a relatively small sampling of homes which often times results in extreme fluctuations that may or may not be indicative of the market trend for the Hicksville School District.  The quarterly market trend has more data, and as such, gives a more accurate look at the current market trend.  However, it should be noted that the market data is still relatively small and subject to extreme fluctuations based on sales that are atypical of the rest of the sales in the Hicksville School District. 

 

This report is designed to give factual information about sales in the Hicksville School District.  If you are interested in finding out the market value for your particular home, you should consider having an actual market analysis done. 

 

These reports are done by school district rather than town because school districts play a very important role in home prices on Long Island.   

 

Below the actual data you will find an analysis of the real estate trends for homes in the Hicksville School District.

 

MAY 2008 HOME SALES

Hicksville School District Home Sales - May 2008

 

MAY 2007 HOME SALES

Hicksville School District Home Sales - May 2007

 

YEAR-OVER-YEAR COMPARISONS 

Hicksville Home Trends

 

MARKET TREND ANALYSIS: 

The numbers for May were actually very similar to the numbers for April, although they were a bit lower than the first quarter averages and also May of 2007.  The most positive trend is that the days on market were greatly reduced, and even lower than 2007.

 

CONCLUSION:

The home prices seem to have stabilized, and are not down very far from the previous year.  The fact that the average days on market has dropped with flat prices indicates that more homeowners are pricing to sell, and that homebuyers that are interested in the area need to be mindful of the fact that homes are selling at a more rapid rate than many other areas.  This means that homebuyers that have become accustomed to waiting for price drops run the risk of missing out on the home that they really want.  There is an ample inventory of homes available in the Hicksville School District, so the homeowners that price to sell have a much better chance of a fast closing than those that are just testing the market with higher prices.

 

About The Author

Adam Waldman is a Long Island Residential Real Estate Professional that can assist you with the purchase and/or sale of real estate on Long Island, from bank owned homes to new construction to waterfront property, and everything in between. Adam is also a Relocation Specialist that has created a network of real estate professionals throughout the country in an effort to assist relocating Long Islanders in their transition to new areas. These professionals are experts in the field of relocation and can serve many purposes beyond a simple home search.

Please visit www.TheLIReloGuy.com for your relocation needs and www.AdamWaldman.com for your local needs.

Adam Waldman - RE/MAX Best - 631-357-2036 - adam@AdamWaldman.com

Hauppauge School District Homes ~ Market Trend Report ~ May 2008

 

Hauppauge School District Homes Market Trend Report - May 2008.  This report shows a statisical comparison between the first quarter averages and the months of April and May for 2008, in addition to a year-over-year comparison.  This report provides information about homes sold in the Hauppauge School District including:  location of homes, list price, sold price and days on market.

 

It is important to note that monthly reports provide a relatively small sampling of homes which often times results in extreme fluctuations that may or may not be indicative of the market trend for the Hauppauge School District.  The quarterly market trend has more data, and as such, gives a more accurate look at the current market trend.  However, it should be noted that the market data is still relatively small and subject to extreme fluctuations based on sales that are atypical of the rest of the sales in the Hauppauge School District. 

 

This report is designed to give factual information about sales in the Hauppauge School District.  As is the case with many school districts on Long Island, the Hauppauge School District has a very broad spectrum of home prices (starter, mid-level, luxury), and the value of individual homes cannot be determined by evaluating broad market trends.  If you are interested in finding out the market value for your particular home, you should consider having an actual market analysis done. 

 

These reports are done by school district rather than town because school districts play a very important role in home prices on Long Island.   

 

Below the actual data you will find an analysis of the real estate trends for homes in the Hauppauge School District.

 

MAY 2008 HOME SALES

Hauppauge School District Home Sales - May 2008

 

MAY 2007 HOME SALES

Hauppauge School District Home Sales - May 2007

 

 

YEAR-OVER-YEAR COMPARISONS 

Hauppauge School District Home Trends

 

MARKET TREND ANALYSIS: 

The numbers for May showed improvement over the first quarter averages, but were slightly lower than the numbers for April.  This is due to the fact that there were very few closings in April, which allows for the numbers to be easily skewed by a sale above the market averages.  The numbers are down in comparison to May of 2007.

 

CONCLUSION:

While there has been an inventory increase of homes on the market in the Hauppauge School District, the inventory number is still relatively low.  Home prices are holding stronger than many markets, which is likely due to the fact that taxes in Hauppauge are lower than most areas, which allows homebuyers to buy more home for the money.  Homebuyers will find a decent selection of homes for sale, but it is not likely that they will find homes selling for well below the market average.  Home sellers should take note of the fact that homes are staying on the market longer than in 2007, and should price their homes competitively if they are truly motivated to sell.

 

About The Author

Adam Waldman is a Long Island Residential Real Estate Professional that can assist you with the purchase and/or sale of real estate on Long Island, from bank owned homes to new construction to waterfront property, and everything in between. Adam is also a Relocation Specialist that has created a network of real estate professionals throughout the country in an effort to assist relocating Long Islanders in their transition to new areas. These professionals are experts in the field of relocation and can serve many purposes beyond a simple home search.

Please visit www.TheLIReloGuy.com for your relocation needs and www.AdamWaldman.com for your local needs.

Adam Waldman - RE/MAX Best - 631-357-2036 - adam@AdamWaldman.com