Islip Terrace, NY

Homes For Sale In Islip Terrace, New York - 2005-2009 Year End Market Statistics

The Average Days On Market of the Homes For Sale In Islip Terrace - 2005-2009 Year End has been increasing for several years.

The Average Days On Market of Homes For Sale In Islip Terrace - 2005-2009 Year End have increased by 68 market days.

This represents a 92% increase in the Average Days On Market of Homes For Sale In Islip Terrace - 2005-2009 Year End.

The number of Closed Sales of Homes For Sale In Islip Terrace - 2005-2009 Year End has been steadily decreasing over the past several years.

The decrease in the number of Closed Sales of Homes For Sale In Islip Terrace - 2005-2009 Year End is 38 closed sales.

This represents a 41.7% drop in the number of Closed Sales of Homes For Sale In Islip Terrace - 2005-2009 Year End.

The Average Sales Price of Homes For Sale In Islip Terrace - 2005-2009 Year End has been declining for many years.

The decline in the Average Sales Price of Homes For Sale In Islip Terrace - 2005-2009 Year End is $108,708.00.

This represents a 24.9% decline in the Average Sales Price of Homes For Sale In Islip Terrace - 2005-2009 Year End.

Islip Terrace Real Estate Market Report For Period: 11/1/09 To 11/30/09

Homes New On The Market
1 Single Family Homes

Average Listing Price: $349,900
Low Listing Price: $349,900
High Listing Price: $349,900

Obviously these numbers will be the same since only 1 home is new to the market.

Homes Currently Under Contract
4 Single Family Homes

Average Listing Price: $319,717
Original Listing Price: $319,717

When homes are priced at Market Value, there is not a lot of room for a buyer to negotiate because they know that home is priced right and Islip Terrace is a sought-after place to live.

Homes That Closed
11 Single Family Homes

Average Listing Price: $359,807
Average Sold Price: $347,982

Low Listing Price: $289,000
Low Sold Price: $285,000

High Listing Price: $470,000
High Sold Price: $460,000

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