Hicksville, NY

Homes For Sale In Hicksville - October 2006-2009 YTD Market Statistics

The Average Days On Market of the Homes For Sale In Hicksville - October 2006-2009 YTD has been increasing for several years.

The Average Days On Market of Homes For Sale In Hicksville - October 2006-2009 YTD have increased by 33 market days.

This represents a 47% increase in the Average Days On Market of Homes For Sale In Hicksville - October 2006-2009 YTD.

The number of Closed Sales of Homes For Sale In Hicksville - October 2006-2009 YTD has been steadily decreasing over the past several years.

The decrease in the number of Closed Sales of Homes For Sale In Hicksville - October 2006-2009 YTD is 63 closed sales.

This represents a 23.1% drop in the number of Closed Sales of Homes For Sale In Hicksville - October 2006-2009 YTD

 

The Average Sales Price of Homes For Sale In Hicksville - October 2006-2009 YTD has been declining for many years.

The decline in the Average Sales Price of Homes For Sale In Hicksville - October 2006-2009 YTD is $87,652.00.

This represents a 19.1% decline in the Average Sales Price of Homes For Sale In Hicksville - October 2006-2009 YTD.

View Larger Map

Homes For Sale In Hicksville - Market Statistics - 10/26/09

 

The above Hicksville real estate market graph shows a 7 month supply of inventory with 19 properties being sold in the month of September. There are currently 95 houses Under Contract in Hicksville and 125 properties available on October 26, 2009.

 

The above graph shows the Average Days On Market Trend for the last 4 years for the following towns: Bellmore, East Meadow, Elmont, Farmingdale, Wantagh, Levittown, Massapequa, Merrick, Planview, Seaford and includes Homes For Sale In Hicksville as of September 30, 2009.

 

 

The above graph shows the Closed Sales Market Trend of closed transactions for the last 4 years for the following towns: Bellmore, East Meadow, Elmont, Farmingdale, Wantagh, Levittown, Massapequa, Merrick, Planview, Seaford and includes Homes For Sale In Hicksville as of September 30, 2009.

 

 

The above graph shows the Average Sales Price Market Trend of closed transactions for the last 4 years for the following towns: Bellmore, East Meadow, Elmont, Farmingdale, Wantagh, Levittown, Massapequa, Merrick, Planview, Seaford and includes Homes For Sale In Hicksville as of September 30, 2009.

 

 

I have had a lot of questions lately about the Hicksville Schools. So, based on my own knowledge as a realtor, plus a bit of research, I will begin to post some info on our school system that might be helpful to folks thinking of moving into the community and possibly buying real estate in Hicksville! Some of the info I researched, came from the Hicksville Public Schools site (www.Hicksvillepublicschools.org).

There are 7 Elementary Schools: Burns Avenue, Lee Avenue, Woodland Avenue, Old Country Rd., Dutch Lane, East Street and Fork Lane. Each elementary school has between 300 - 400 students so that makes them nice neighborhood schools. They are sincerely committed to higher academic standards for all students and the dedicated teaching staff is constantly adding new programs & curriculum to benefit their students. They want to ensure that learning is both challenging and fun.

I will provide more statistics in later blog posts, but statistics show that 91.5% of Hicksville High School graduates, graduate with a Regents Diploma.

We have been seeing an increased demand for housing in the Hicksville market. Demand by prospective purchasers moving out from Queens & surrounding areas has been strong, since Hicksville is only 20 miles outside of New York City with excellent transit and easy commute distance. The shopping is excellent with Broadway Mall centrally located plus a number of popular local shops. In addition, there are many well kept neighborhoods with nice homes, reasonably priced with lower taxes. We also have many long time residents of the community whose children, now are purchasing homes in Hicksville.

See a sample of a new listing we have in Hicksville (below)!!

Compliments of Donovan Brothers Realty of Hicksville. 211 Newbridge Rd., Hicksville 516-822-1442 (for further details please give us a call!

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

 

MAY 2007 HOME SALES

 

YEAR-OVER-YEAR COMPARISONS 

 

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