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Deer Park NY Homes Under Contract/Pending Sales - 3rd Quarter 2011
This market report is for Deer Park NY in the Deer Park School District only.
37 homes went under contract in Deer Park NY for the 3rd quarter of 2011.
The lowest price home was listed for $73,000 and sold on 7/27/11 for $182,500. On the market for 25 days. It is a 3 bedroom, 7 room High Ranch and it was an REO property.
The highest price home was listed for $399,000 and sold on 8/25/11for $375,000. On the market for 89 days. It is a four bedroom, eight room Colonial.
50 homes went under contract in Deer Park NY for the 2nd Quarter which ended June 30th. Buyers who have school-aged children, like to be in their new home before school starts in the fall so that is why you see an upswing compared to the 3rd Quarter.
Deer Park NY Median Sold Price 2007 - 2011
As of 9/30/11, the median sold price for Deer Park NY is $267,500.
148 homes in Deer Park NY were listed in 2011 through 10/31/11.
47 sold.
17 are currently under contract.
21 expired off the market.
43 homeowners withdrew the listings off the market.
Just like other areas across Long Island, Deer Park NY is in a buyer's market and will most likely remain that way for a few years. But, the good news is, homes are selling. If you can sell and are happy with the market value you are told, then sell. If not, stick around until it becomes a seller's market.

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Strength for Life Psychic Night Sunday October 23, 2011 posted by Feng Shui LI

PSYCHIC NIGHT
Sunday, October 23, 2011
6-10 PM
POPEI'S DEER PARK
$65 per ticket
All proceeds to benefit Strength for Life
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Deer Park NY Housing Market - Median Sold Price for 3rd Quarter 2011
The Deer Park NY housing market has been up and down for the last four years. This means that Deer Park NY real estate market isn't stabilizing. But, let's see what happens by the end of the first quarter 2012.
The median sold price means that 50% of the homes sold for less and 50% sold for more. The chart below helps to determine if Deer Park NY is improving or declining. If the sold prices were hovering around the same prices then we can say the Deer Park NY real estate market is stabilizing. Right now, it is not. This doesn't mean your home won't sell. It means you may not be able to sell it for what you think it will.
Homes are selling in Deer Park NY. 34 homes sold between July 1st 2011 to September 30th 2011. 31 homes sold during this same period last year. So, there were more buyers in 2011 during this time period than last year. This also means that buyers are qualifying for mortgages.
Every quarter I post market reports for the Deer Park NY real estate market. Check back in the beginning of 2012 for the 4th quarter stats of 2011.

Want to know what your Deer Park NY home is worth in today's market? Call me today (631) 703-0201 for a competitive market analysis. There is never any obligation!
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Short Sale homes in Deer Park, New York: and the Market Report
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Sold Property Median Price For Deer Park, New York
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Date Range
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Current Available Inventory - 187
Current Median List Price - $325,000 |
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Note: Bar graphs will only be displayed when data is available for each of the categories and time frame selected. These graphs represent data compiled by the Multiple Listing Service of Long Island, Inc. and provide a year to year comparison for a specific month, over a three year period. These reports are intended for marketing purposes only.
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Note: Information displayed in the data table is compiled by the Multiple Listing Service of Long Island, Inc. and represents a combined total of all residential, condo, and coop sales for the selected time frame. Please note that small data samples will skew the % of change year to year. This information is intended for marketing purposes only.
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