Massapequa, NY

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

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

The Average Days On Market of Homes For Sale In Massapequa - October 2006-2009 YTD have increased by 15 market days.

This represents a 19% increase in the Average Days On Market of Homes For Sale In Massapequa - October 2006-2009 YTD.

The number of Closed Sales of Homes For Sale In Massapequa - 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 Massapequa - October 2006-2009 YTD is 49 closed sales.

This represents a 9.6% drop in the number of Closed Sales of Homes For Sale In Massapequa - October 2006-2009 YTD.

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

The decline in the Average Sales Price of Homes For Sale In Massapequa - October 2006-2009 YTD is $92,275.00.

This represents a 17.4% decline in the Average Sales Price of Homes For Sale In Massapequa - October 2006-2009 YTD.

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

The above Massapequa real estate market graph shows a 11 month supply of inventory with 38 properties being sold in the month of September. There are currently 172 houses Under Contract in Massapequa and 333 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, Hicksville, Levittown, Wantagh, Merrick, Planview, Seaford and includes Homes For Sale In Massapequa 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, Hicksville, Levittown, Wantagh, Merrick, Planview, Seaford and includes Homes For Sale In Massapequa 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, Hicksville, Levittown, Wantagh, Merrick, Planview, Seaford and includes Homes For Sale In Massapequa as of September 30, 2009.

View Larger Map

Check out SNAPS Fitness in Massapequa Long Island NY

As a New York Feng Shui Consultant AND a Roving Reporter, I was thrilled to catch the Grand Opening of SNAPS Fitness located in Massapequa Long Island NY. Recently we went back to find out what makes SNAPS so special...

A New York Feng Shui Consultant AND a Roving Reporter!

What makes SNAPS so different from other fitness centers? They have the most up to date equipment I've seen, personal trainers are available, and best of all....it never closes. With your SNAPS membership you get an access card so the time YOU decide to workout is the time you can do.

When they say 24/7, they mean it! I think that's a unique idea. Too often local gyms are closed when you'd like to go....late at night and holidays you can't work out if you'd like. At SNAPS Fitness, you can choose the days and hours most convenient for you.

Official Grand Opening of SNAPS in Massapequa Long Island New York by Feng Shui Consultant Laura Cerrano.

SNAPS has something for everyone. You can even watch movies while working out :)

This particular SNAPS in Massapequa was the very first one to open on Long Island, NY. In rap8d succession, there are now several SNAPS Fitness Centers open and more to come. Visit their website to find a SNAPS near you....and meet their friendly staff :: )

For more information, call: )516) 765-3150

North Massapequa Snap Fitness Center - Health Club and Gym located ...

http://www.FengShuiLI.com

**Carole Provenzale has been a New York Feng Shui Consultant since 1997 and is the Founder of Feng Shui Long Island & New York. On Site Feng Shui Consultations provided for New York City (Manhattan), Queens and all of Long Island for Homes, Apartments, Businesses, Corporations, Renovations and New Construction. http://www.TheFengShuiVoice.com

Although the Real Estate picture throughout the country seems to be all gloom and doom, our local Long Island Market, and our Massapequa market in particular are still seeing homes sell for close to asking price. As buyers are searching for homes everybody seems to be looking for "deals", the problem with this deal hunting is that many buyers feel that they can steal someone's house from them! This is not the case. While there are still bargains to be had in the pre- foreclosure motivated seller market who has positive equity in their home, the majority of homes are being sold at market value. It is also still possible to see homes that go for over ask. With that said as a buyer if you can afford to buy a home for $400000 do not waste time seeing houses that are listed at $475,000. The seller will usually not take an offer that is 75k off asking price. Even if the house is over priced it pays to wait until the seller drops his price to a striking distance number! I would define striking distance at a number that is under 10% of ask price meaning if you want to pay $400,000 you should look at homes no higher than $430,000. That would put you at 93% of asking price if you can get your $400000 offer accepted and is within the market limits for a seller to consider. With this said if a home is priced well, or priced to sell, or if the home is in mint condition and it is at $430,000 you will probably have to pay $425,000 or maybe even ask price. To put it simple if a house is mint and you want it don't mess around by low balling the home owner, if the home is worth it don't be afraid to pay for it because of the "tough" market chances are the homeowner could have received alot more for his home 3 years ago so the deal is already in the price!

I keep getting calls from buyers who want foreclosures, and my answer is always the same. NO YOU DONT! Don't get me wrong there are some deals to be had in the foreclosure market, but they are not for everybody. First off the prices aren't much lower than other homes, and usually they are in serious disrpepair. Lets take a recent foreclosure in Massapequa that was sold for a decent price in Nassau Shores. The home had extensive water damage, mold issues, no copper wire left in the house, broken cabinets, and a broken heating system. The sales price on its own was a good deal, but when you factor in all the work that was needed to move into the house the home sale price and the improvements needed puts its total price at over comparable market price. Now I have seen some decent deals as well, but the people getting these deals are paying cash, and they have money to do work on the house. For instance if the buyer comes in all cash the banks are willing to take 85-90% of ask price, however if they are paying with a conventional mortgage they will be forced to pay pretty much asking price. In addition the banks who are now mortgaging the property do not want to close on an as is sale, which makes it even tougher to sell these foreclosures! So the moral of the story is if you are a first time buyer- stay away from the foreclosures and look for houses being sold by traditional sellers!