The following is the March 2008 Home Trends Market Report for the Half Hollow Hills School District. This report shows month-by-month comparisons, in addition to year-over-year market trends. Since this report comes at the end of the first quarter of the year, there is also a comparison of the year-over-year quarterly market trends. This report provides statistical information about homes sold in the Half Hollow Hills 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 Half Hollow Hills 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 Half Hollow Hills School District.
This report is designed to give factual information about sales in the Half Hollow Hills School District. As is the case with many school districts on Long Island, the Half Hollow Hills 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 Half Hollow Hills School District.
MARCH 2008 HOME SALES
MARCH 2007 HOME SALES
MONTH-BY-MONTH & FIRST QUARTER YEAR-OVER-YEAR COMPARISONS
MARKET TREND ANALYSIS:
The Half Hollow Hills School District is an area that is prone to extreme fluctuations from month-to-month and year-over-year due to the fact that starter homes and luxury homes can be found in close proximity. That being said, there are other factors that point towards a softer market in the area. Inventory is rising, which is putting pressure on home prices. This has caused the ratio of sales price to list price to deteriorate. Where March of 2007 was a very strong month for home sales in the area, there has been noticeable weakening this year. The average days on market is over five months now, compared to less than three months in March of 2007. The overall local market has trended down for the first quarter of 2008 vs. the first quarter of 2007 as well.
CONCLUSION:
Many homebuyers think of the Half Hollow Hills School District as an area that is beyond their budget. For the most part, this was true for a lot of them, but it might not be the case any longer. If a buyer is looking to get into this area, there are some very good opportunities at prices that are comparable to other areas that are perceived to be less expensive. Just this month, three homes sold for less than $400,000. While these are obviously starter homes, it still shows that opportunities exist for buyers of various price ranges to buy a home in the area.
Sellers that are motivated should make sure to price their home for the competitive market conditions that currently exist in the Half Hollow Hills School District. Buyers that are interested in getting into the area should be actively looking to do so in the near future. Interest rates are near historical lows, the economic stimulus package has raised the loan limits for both FHA and Jumbo loans, there is a good amount of inventory and prices have come down. This is a window of opportunity that wasn't previously open, and may not be this way for very long.
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
The following is the March 2008 Home Trends Market Report for the Hauppauge School District. This report shows month-by-month comparisons, in addition to year-over-year market trends. Since this report comes at the end of the first quarter of the year, there is also a comparison of the year-over-year quarterly market trends. This report provides statistical 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.
MARCH 2008 HOME SALES
MARCH 2007 HOME SALES
MONTH-BY-MONTH & FIRST QUARTER YEAR-OVER-YEAR COMPARISONS
MARKET TREND ANALYSIS:
At first glance, it would appear that the market for homes in the Hauppauge School District really started to improve drastically in March. While there were some positive signs, the drastic improvement in the average list price and average sold price is directly attributable to one new construction luxury home that sold for nearly $2 million (far above what is average for the area).
Here are the positive signs for home sales in the Hauppauge School District:
The only real negative was that the average list price and sold price for the first quarter of 2008 declined from the first quarter of 2007.
CONCLUSION:
Based on the year-over-year statistics, the market trend indicates that this is still a buyer's market. However, it appears that home sellers have started pricing their homes to sell, resulting in tighter inventory, shorter time on the market, and sales prices much closer to listing prices. If this trend continues over the coming months, it is very likely that the local market will begin to rise again.
Homebuyers that are interested in looking for a home in the Hauppauge School District have a great opportunity right now. The fact that interest rates are still low, and that home prices have come down should appeal to motivated homebuyers. The low tax rate in Hauppauge is also very appealing, considering that taxes in surrounding areas are significantly higher. With the FHA and Jumbo loan limits raised until the end of 2008, homebuyers have a window of opportunity to take advantage of all of these factors.
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
The following is the February 2008 Home Trends Market Report for the Levittown School District. For the first time ever, this report will show month-by-month comparisons, in addition to year-over-year market trends. This report provides statistical 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.
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.
FEBRUARY 2008 HOME SALES
FEBRUARY 2007 HOME SALES
MONTH-BY-MONTH / YEAR-OVER-YEAR COMPARISON
MONTH-BY-MONTH MARKET TREND ANALYSIS:
The inventory trend improved, although it is still increasing. The average list price, sold price and ratio between list price and sold price improved. Most importantly, there was a noticeable decrease in average days on market.
YEAR-OVER-YEAR MARKET TREND ANALYSIS:
The inventory trend deteriorated slightly, however, the average list price, sold price and ratio between list price and sold price all improved. The average days on market showed a slight improvement as well.
CONCLUSION:
Overall, there were some positive signs for homes in the Levittown School District, although it is still early in the year to determine a true market trend. Should the inventory trend remain stable, and prices continue to improve, it may indicate a rebound in the local market. This will be determined in the coming months.
Adam Waldman is a Long Island Residential Real Estate and Relocation Specialist that can assist you with the purchase and/or sale of real estate on Long Island or any place else in the country by connecting you with a relocation professional in your destination of choice. Many Long Islanders have chosen to relocate to other parts of the country, but often times they don't have anyone to turn to for assistance. Realizing that this was an underserved market, Adam Waldman has created a team of professionals throughout the country to ensure that relocating Long Islanders enjoy a smooth transition to their new area. 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
The following is the February 2008 Home Trends Market Report for the Hicksville School District. For the first time ever, this report will show month-by-month comparisons, in addition to year-over-year market trends. This report provides statistical 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.
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.
FEBRUARY 2008 HOME SALES
FEBRUARY 2007 HOME SALES
MONTH-BY-MONTH / YEAR-OVER-YEAR COMPARISON
MONTH-BY-MONTH MARKET TREND ANALYSIS:
There was an increase in the monthly inventory, although average list price and average sold price increased as well. The ratio between list price and sold price deteriorated slightly, and the average days on market showed a marginal improvement.
YEAR-OVER-YEAR MARKET TREND ANALYSIS:
There was an increase in inventory over 2007. However, there was a noticeable improvement in list price and sold price. The ratio between list price and sold price deteriorated, but there was a vast improvement in average days on market.
CONCLUSION:
It's early in the year to determine a true market trend for homes in the Hicksville School District, but there are indicators that the trend is starting to point upwards. The inventory didn't grow by a large margin, but the prices have started to rise, indicating that the area may already be starting to rebound. In the coming months, the true market trend will be determined.
Adam Waldman is a Long Island Residential Real Estate and Relocation Specialist that can assist you with the purchase and/or sale of real estate on Long Island or any place else in the country by connecting you with a relocation professional in your destination of choice. Many Long Islanders have chosen to relocate to other parts of the country, but often times they don't have anyone to turn to for assistance. Realizing that this was an underserved market, Adam Waldman has created a team of professionals throughout the country to ensure that relocating Long Islanders enjoy a smooth transition to their new area. 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
The following is the February 2008 Home Trends Market Report for the Bethpage School District. For the first time ever, this report will show month-by-month comparisons, in addition to year-over-year market trends. This report provides statistical information about homes sold in the Bethpage 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 Bethpage School District.
This report is designed to give factual information about sales in the Bethpage 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 Bethpage School District.
FEBRUARY 2008 HOME SALES
FEBRUARY 2007 HOME SALES
MONTH-BY-MONTH / YEAR-OVER-YEAR COMPARISON
MONTH-BY-MONTH MARKET TREND ANALYSIS:
The amount of new inventory on the market remained relatively flat. Average list price and average sold price both increased, but this may be due to the very small sample size for February 2008 closings. The ratio between list price and sold price dropped slightly, but average days on market showed improvement.
YEAR-OVER-YEAR MARKET TREND ANALYSIS:
The amount of new inventory increased slightly, while average list price and average sold price decreased. Again, this can be attributed to the small sample size for the month. The ratio of list price to sold price dropped slightly, and days on market increased.
CONCLUSION:
Since the sample size of homes sold was so small in the Bethpage School District for February 2008, it is difficult to determine the absolute direction of the market. As the year progresses, the trend will be more easily determined.
Adam Waldman is a Long Island Residential Real Estate and Relocation Specialist that can assist you with the purchase and/or sale of real estate on Long Island or any place else in the country by connecting you with a relocation professional in your destination of choice. Many Long Islanders have chosen to relocate to other parts of the country, but often times they don't have anyone to turn to for assistance. Realizing that this was an underserved market, Adam Waldman has created a team of professionals throughout the country to ensure that relocating Long Islanders enjoy a smooth transition to their new area. 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
Long Islanders are relocating out of NY. The LI Relo Guy will help you sell your home with my special relocation program and refer you to a local expert in your destination of choice.
Relocating to North Carolina? Arizona? South Carolina? Virginia? Florida? Geogia? A different state? If you're from Long Island and you answered yes to any of these locations, then you've come to the right place.
Greetings from "The L.I. Relo Guy". "Relo" is the common term used for relocation, which is something that Long Islanders are currently doing with great frequency.
As a native Long Islander, I understand the appeal of living on Long Island. Living on Long Island affords you the opportunity to: benefit from the great beaches, enjoy outstanding restaurants, spend recreation time in amazing state parks, play golf on numerous courses, go fishing for a variety of fish, attend concerts and sporting events, participate in cultural activities, shop at an abundance of retail stores and outlets, and drive out to the East End where you can visit the wineries to sample local wines.
We have a very unique community with its own personality that binds us no matter what part of Long Island we are from, although there are sub-cultures within the fabric of our community based on geographical location. Nonetheless, whether you are from Suffolk County or Nassau County, the South Shore or the North Shore of Long Island, you are first and foremost a Long Islander.
However, all of the amenities mentioned above, combined with some of the best schools in the country, come at a price that has a number of Long Islanders searching for greener pastures. Rising home prices and taxes are beginning to take its toll on first time homebuyers, downsizing seniors, and to a degree, everyone in between. More often than not, home sellers are looking to relocate to places where their taxes will be lower, home prices will be more affordable, traffic and congestion will be minimal and the weather is warm all year round.
Research has shown that the most sought after areas for Long Islanders are: North Carolina, South Carolina, Arizona, Virginia, Florida and Georgia. While it's difficult to watch Long Islanders leaving the place that they have called home all of their lives, it is the reality that exists.
My goal is to help Long Islanders have as smooth a transition process as possible in relocating to other parts of the country. As a licensed New York REALTOR®, and Long Island relocation specialist, I offer all of the tools that are necessary to get you and your family established in another part of the country.
Before your home even goes in the market, it is important that you've researched various relocation destinations to make sure that the area that you've chosen has what you're looking for, as everyone's needs are different. For some, good schools may be most important. For others, it may be proximity to healthcare facilities. The one common theme will most likely be cost of housing and cost of living. To see a cost of living comparison between various areas, you can use this Cost Of Living Calculator, and to evaluate what your likely salary would be in various areas, you can use this Salary Comparison Calculator.
Once you have narrowed down your choices of relocation destinations by doing your research, you will want to visit each location to see if it is a good fit for you. As part of my relocation service, I will put you in touch with a local expert that can not only help you with your home search, but also educate you about life in their particular area. Often times, these are people that have relocated to the area themselves, so they know the exact issues that you are dealing with. This team of professionals has been carefully screened to make sure that they are in fact prepared to handle all of your relocation needs. This service is offered to you, at no charge, for locations virtually everywhere in the world!
After you've decided on your relocation destination, you will need to place your home on the market. Long Islanders that are moving out of the area will automatically qualify for my special relocation marketing plan which is designed to sell your home as quickly as possible, for the highest amount of money and the least amount of hassle. My goal is to have you start your new life in the best possible way.
All I ask in return, is that if you are happy with the service that you receive, that you recommend me to your friends and family that are in need of the same professional services that I provided.
Oh yeah...and a postcard from your new location letting me know how happy you are in your new home.
How to have a headache-free relocation experience - What your dollar can buy, career transition, temporary housing and other helpful tips.
Relocation Checklist - What you need to do to get ready for your relocation.
Mortgage Calculator - Use this calculator to determine your monthly payments.
School Information - Find out about test scores, student/teacher ratios, and educational level of residents in all areas.
About Long Island - The Long Island Convention & Visitors Bureau
Visit North Carolina - Where to go, what to do, where to stay, maps and travel information for North Carolina.
Visit South Carolina - What to see and do, where to stay, shopping and dining, activities and parks, and trip planning for South Carolina.
Visit Virginia - Travel guides, trip planners, where to stay, attractions, activities and events in Virginia.
Visit Florida - Where to go, what to do, what to see, destinations and attractions, travel deals for Florida.
Visit Georgia - Travel resources, things to do, destinations, history and culture, business, education and healthcare in Georgia.
Visit Arizona - Where to go, what to do, where to stay, happenings, and travel deals for Arizona.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
