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Syosset, the most convenient place to live because of its proximity to the best LIRR line has plenty of homes for sale in all price ranges. There are all kinds of architectural styles in the housing inventory in Syosset that buyers have lots of choices. Prices ranges also come in different levels from under $400K for a cape to over $2 million for an estate.
Syosset is located east of Muttontown and Jericho, south of Oyster Bay Cove and Laurel Hollow, west of Woodbury, north of Plainview and Hicksville. Syosset shares its post office with Laurel Hollow. As of October 18, 2008, according to the Multiple Listing Service of Long Island, there are 62 homes for sale in Syosset for under $600K. There are 15 capes, 16 ranches, 2 expanded ranches, 18 splits, 1 expanded cape, 3 colonials, 6 Hi Ranches, 1 2-story. So for first time buyers or those buyers who want to downsize, there are plenty of choices.
| SYOSSET HOMES FOR SALE - 10/18/08 | ||||||||
| Address | Price | Style | BRs | Bath | ||||
| 26 Fieldstone Dr, Syosset, NY | 369000 | Cape | 4 | 1 | ||||
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32 Fieldstone Dr, Syosset, NY |
397800 | Cape | 4 | 2 | ||||
| 22 Willis Ave, Syosset, NY | 399000 | Ranch | 3 | 1 | ||||
| 90 Cold Spring Rd, Syosset, NY | 399900 | Cape | 3 | 1 | ||||
| 134 Southwood Cir, Syosset, NY | 409000 | Ranch | 3 | 1 | ||||
| 14 Queens St, Syosset, NY | 419000 | Cape | 3 | 1 | ||||
| 30 Willis Ave, Syosset, NY | 425000 | Ranch | 3 | 1 | ||||
| 37 Beatrice Ave, Syosset, NY | 429000 | Exp. Ranch | 3 | 1.5 | ||||
| 4 Willets Dr, Syosset, NY | 429000 | Cape | 4 | 2 | ||||
| 33 Willets Dr, Syosset, NY | 429000 | Ranch | 3 | 2 | ||||
| 42 Fieldstone Dr, Syosset, NY | 439000 | Cape | 4 | 2 | ||||
| 40 Willets Dr, Syosset, NY | 439999 | Split | 3 | 1.5 | ||||
| 10 Nelson Ln, Syosset, NY | 449000 | Ranch | 3 | 2 | ||||
| 229 Miller Pl, Syosset, NY | 459000 | Exp. Cape | 4 | 2 | ||||
| 41 Underhill Ave, Syosset, NY | 469000 | Cape | 4 | 1.5 | ||||
| 23 Southwood Cir, Syosset, NY | 469000 | 2 Story | 4 | 2 | ||||
| 38 Donna Ln, Syosset, NY | 469000 | Ranch | 3 | 1 | ||||
| 2 Russell Park Rd, Syosset, NY | 479000 | Hi Ranch | 4 | 2.5 | ||||
| 14 Dorcas Ave, Syosset, NY | 479000 | Cape | 4 | 2 | ||||
| 16 Dorothy Dr, Syosset, NY | 485000 | Cape | 4 | 1 | ||||
| 12 Fieldstone Dr, Syosset, NY | 485000 | Cape | 4 | 2 | ||||
| 35 Humphrey Dr, Syosset, NY | 485000 | Split | 5 | 2 | ||||
| 39 Virginia Rd, Syosset, NY | 490000 | Ranch | 3 | 2 | ||||
| 54 Whitney Ave, Syosset, NY | 495000 | Cape | 4 | 1 | ||||
| 43 Lewis Ln, Syosset, NY | 499000 | Ranch | 3 | 1 | ||||
| 59 Florence Dr, Syosset, NY | 499000 | Ranch | 3 | 1 | ||||
| 3 Circle Dr, Syosset, NY | 509000 | Split | 3 | 2 | ||||
| 50 Southwood Cir, Syosset, NY | 519000 | Ranch | 3 | 1 | ||||
| 306 Jackson Ave, Syosset, NY | 519900 | Hi Ranch | 4 | 2 | ||||
| 4 Ellis Dr, Syosset, NY | 529000 | Split | 4 | 2.5 | ||||
| 51 Morris Dr, Syosset, NY | 529900 | Ranch | 3 | 2 | ||||
| 15 Raynham Dr, Syosset, NY | 539000 | Ranch | 4 | 2 | ||||
| 1 Dorcas Ave, Syosset, NY | 539000 | Cape | 3 | 2.5 | ||||
| 30 Colony Ave, Syosset, NY | 549000 | Split | 3 | 1.5 | ||||
| 660 Woodbury Rd, Syosset, NY | 549000 | Colonial | 3 | 2.5 | ||||
| 211 Miller Pl, Syosset, NY | 549000 | Cape | 5 | 2 | ||||
| 2 Alderwood Ln, Syosset, NY | 549000 | Split | 4 | 2 | ||||
| 40 Whitney Ave, Syosset, NY | 549999 | Colonial | 3 | 2.5 | ||||
| 23 W. Pickwick Dr, Syosset, NY | 550000 | Split | 3 | 2 | ||||
| 17 Warren Dr, Syosset, NY | 559000 | Split | 4 | 2 | ||||
| 4 Maryetta Ct, Syosset, NY | 559000 | Hi Ranch | 4 | 2 | ||||
| 103 Ketchams Rd, Syosset, NY | 565000 | Split | 4 | 2.5 | ||||
| 140 Ira Rd, Syosset, NY | 568800 | Cape | 4 | 2 | ||||
| 6 1st St, Syosset, NY | 570000 | Colonial | 3 | 1.5 | ||||
| 42 Hillside Ln, Syosset, NY | 575000 | Cape | 4 | 2 | ||||
| 22 Kathleen Dr, Syosset, NY | 578888 | Ranch | 5 | 2.5 | ||||
| 16 Cheshire Ave, Syosset, NY | 575000 | Ranch | 3 | 2 | ||||
| 36 Dawes Ave, Syosset, NY | 579000 | Hi Ranch | 4 | 2.5 | ||||
| 80 Church St, Syosset, NY | 579000 | Ranch | 3 | 1.5 | ||||
| 18 Stuart Dr, Syosset, NY | 588000 | Split | 3 | 2.5 | ||||
| 25 Tacoma Ln, Syosset, NY | 589000 | Split | 4 | 3 | ||||
| 135 Cold Spring Rd, Syosset, NY | 589000 | Split | 3 | 2 | ||||
| 207 Southwood Cir, Syosset, NY | 589000 | Exp Ranch | 4 | 3 | ||||
| 21 Jean Pl, Syosset, NY | 589000 | Split | 4 | 2.5 | ||||
| 34 Miller Blvd, Syosset, NY | 589000 | Hi Ranch | 4 | 3 | ||||
| 5 Ellis Dr, Syosset, NY | 599000 | Split | 4 | 2.5 | ||||
| 6 Honey Dr, Syosset, NY | 599000 | Hi Ranch | 4 | 2.5 | ||||
| 48 Kathleen Dr, Syosset, NY | 599000 | Split | 3 | 2.5 | ||||
| 122 S. Greenway Dr, Syosset, NY | 599000 | Ranch | 3 | 2 | ||||
| 274 Southwood Cir, Syosset, NY | 599000 | Split | 3 | 1.5 | ||||
| 210 Split Rock Rd, Syosset, NY | 599000 | Split | 3 | 2.5 | ||||
| 33 London Rd, Syosset, NY | 599900 | Split | 4 | 2.5 | ||||
Copyright © 2008. By Rosalinda Morgan, "The Rose Lady". All rights reserved.. *HOMES FOR SALE IN SYOSSET - OCTOBER 18, 2008*
Contact Rosalinda Morgan "The Rose Lady" if you are looking to buy or thinking of selling your house in Syosset, East Norwich, Oyster Bay, Oyster Bay Cove, Laurel Hollow, the Brookvilles, and Muttontown.
Ph - 516-385-0584
Email - linda@rosalindamorgan.com
Website - www.rosalindamorgan.com
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For the first three quarters of 2008, there are 121 homes sold in Syosset compared to 185 homes sold in Syosset for the same period in 2007. That's a 35% drop in sales. Inventory is very robust with 139 homes for sale as of 10/12/08.
Since June 1, 2008 there are 72 homes sold in Syosset, 16 homes were sold in June, followed by 17 homes sold in July. Home sales peaked in August with a sale of 26 homes. Then the trend shifted. Sales in September were a mere 9 homes. So far, only 4 homes were sold in October.
Regarding the style of homes, Split ranked #1 with sales of 26 homes, followed by colonials with a sales of 20 homes . Splanch was the most unpopular style. Here is the breakdown:
| Splanch | 1 | ||||||||
| Expanded Cape | 2 | ||||||||
| Contemporary | 2 | ||||||||
| Farm Ranch | 3 | ||||||||
| Cape | 5 | ||||||||
| Ranch | 15 | ||||||||
| Colonial | 19 | ||||||||
| Split | 25 | ||||||||
| 72 | |||||||||
| ADDRESS | SALE PRICE | STYLE | BRs | Baths | Title Date | ||||
| 54 Whitney Ave, Syosset, NY | 450000 | Cape | 4 | 1 | 8/4/2008 | ||||
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54 Gary Rd, Syosset, NY |
435000 | Ranch | 3 | 2 | 8/21/2008 | ||||
| 46 Georgia Dr, Syosset, NY | 467000 | Ranch | 3 | 1 | 6/11/2008 | ||||
| 16 Chadwick Rd, Syosset, NY | 453000 | Ranch | 3 | 1.5 | 8/29/2008 | ||||
| 29 Leonard Rd, Syosset, NY | 430000 | Ranch | 3 | 1.5 | 7/11/2008 | ||||
| 12 Evelyn Ln, Syosset, NY | 450000 | Split | 3 | 1 | 8/5/2008 | ||||
| 17 Humphrey Dr, Syosset, Ny | 465500 | Colonial | 4 | 2 | 7/1/2008 | ||||
| 48 Gary Rd, Syosset, NY | 489000 | Ranch | 3 | 2 | 9/22/2008 | ||||
| 32 Montana Ct, Syosset, NY | 475000 | Cape | 4 | 2 | 9/9/2008 | ||||
| 29 Elderberry Rd, Syosset, NY | 485000 | Split | 3 | 2.5 | 7/24/2008 | ||||
| 58 E. Hillside Ln, Syosset, NY | 455000 | Cape | 4 | 2 | 8/25/2008 | ||||
| 29 Miller Blvd, Syosset, NY | 487500 | Ranch | 3 | 2 | 7/3/2008 | ||||
| 8 Dorcas Ave, Syosset, NY | 455000 | Exp. Cape | 4 | 2 | 6/4/2008 | ||||
| 96 Birchwood Pa Dr, Syosset, NY | 495500 | Split | 3 | 2 | 9/18/2008 | ||||
| 24 Elderberry Rd, Syosset, NY | 510000 | Ranch | 3 | 1 | 9/17/2008 | ||||
| 16 Lucille Dr, Syosset, NY | 470000 | Ranch | 3 | 2 | 8/21/2008 | ||||
| 8 Whitman Ave, Syosset, NY | 528000 | Ranch | 3 | 2 | 10/2/2008 | ||||
| 90 Hillside Ln, Syosset, NY | 522000 | Cape | 4 | 2 | 9/3/2008 | ||||
| 1 Sunbeam Rd, Syosset, NY | 485000 | Split | 3 | 2.5 | 6/11/2008 | ||||
| 2 Convent Ct, Syosset, NY | 460000 | Split | 3 | 1.5 | 8/1/2008 | ||||
| 24 Dorothy Dr, Syosset, NY | 520000 | Exp. Cape | 5 | 3 | 8/14/2008 | ||||
| 34 Sherman Dr, Syosset, NY | 520000 | Ranch | 4 | 2 | 7/7/2008 | ||||
| 2 Marsak Ln, Syosset, NY | 535000 | Split | 5 | 2 | 8/18/2008 | ||||
| 30 Sherman Dr, Syosset, NY | 540000 | Split | 3 | 1.5 | 6/30/2008 | ||||
| 9 Birchwood Ct, Syosset, NY | 537000 | Split | 3 | 2.5 | 8/21/2008 | ||||
| 33 Eaton Rd, Syosset, NY | 525000 | Split | 3 | 2.5 | 7/24/2008 | ||||
| 20 Sexton Rd, Syosset, NY | 540000 | Split | 3 | 2 | 7/15/2008 | ||||
| 69 Hillside Ln, Syosset, NY | 515000 | Split | 4 | 1.5 | 9/25/2008 | ||||
| 5 Tacoma Ln, Syosset, NY | 525000 | Split | 4 | 2.5 | 6/13/2008 | ||||
| 52 Southwoods Rd, Syosset, NY | 550000 | Ranch | 3 | 1.5 | 8/25/2008 | ||||
| 28 Center Dr, Syosset, NY | 525000 | Split | 3 | 2.5 | 6/25/2008 | ||||
| 19 Greenway Cir, Syosset, NY | 560000 | Colonial | 5 | 3 | 8/18/2008 | ||||
| 78 Circle Dr, Syosset, NY | 555000 | Split | 3 | 2.5 | 7/14/2008 | ||||
| 93 Miller Blvd, Syosset, NY | 535000 | Split | 3 | 3 | 7/21/2008 | ||||
| 21 Ellis Dr, Syosset, NY | 550000 | Split | 4 | 2.5 | 9/15/2008 | ||||
| 9 Sherman Dr, Syosset, NY | 570000 | Cape | 4 | 2 | 8/14/2008 | ||||
| 16 Birchwood Pa Dr, Syosset, NY | 578500 | Split | 3 | 2 | 7/31/2008 | ||||
| 45 Whitman Ave, Syosset, NY | 607500 | Split | 3 | 2 | 7/15/2008 | ||||
| 8 Dorothy St, Syosset, NY | 619250 | Split | 4 | 2.5 | 7/31/2008 | ||||
| 91 Ashford Dr, Syosset, NY | 585000 | Colonial | 3 | 2.5 | 8/15/2008 | ||||
| 10 Church St, Syosset, NY | 649500 | Colonial | 3 | 1.5 | 6/26/2008 | ||||
| 7 Harriet Dr, Syosset, NY | 632000 | Split | 3 | 2.5 | 8/20/2008 | ||||
| 6 Perry Ct, Syosset, NY | 650000 | Ranch | 3 | 2.5 | 8/12/2008 | ||||
| 36 Lark Dr, Syosset, NY | 625000 | Split | 3 | 1.5 | 8/1/2008 | ||||
| 3 Old Oak Ct, Syosset, NY | 640000 | Split | 4 | 2 | 8/18/2008 | ||||
| 67 Hillside Ln, Syosset, NY | 680000 | Split | 4 | 2 | 8/14/2008 | ||||
| 28 Lilac Dr, Syosset, NY | 660000 | Ranch | 3 | 2 | 9/16/2008 | ||||
| 6 Nevada St, Syosset, NY | 690000 | Colonial | 4 | 3 | 7/24/2008 | ||||
| 75 Melanie Ln, Syosset, NY | 705000 | Split | 4 | 2.5 | 8/5/2008 | ||||
| 20 Azalea Dr, Syosset, NY | 718000 | Ranch | 4 | 2 | 7/29/2008 | ||||
| 14 Harriet Dr, Syosset, NY | 690000 | Ranch | 3 | 3 | 8/1/2008 | ||||
| 1 Westminster Rd, Syosset, NY | 715000 | Split | 5 | 3 | 8/19/2008 | ||||
| 84 Calvin Ave, Syosset, NY | 720000 | Colonial | 3 | 1.5 | 6/6/2008 | ||||
| 2 Maple St, Syosset, NY | 737625 | Colonial | 3 | 2 | 7/10/2008 | ||||
| 196 Syosset Wood Rd, Syosset, NY | 771000 | Colonial | 5 | 4.5 | 6/17/2008 | ||||
| 3 Ryan Ct, Syosset, NY | 810000 | Contemporary | 3 | 4 | 6/11/2008 | ||||
| 6 Henni Ct, Syosset, Ny | 916500 | Splanch | 4 | 2.5 | 6/16/2008 | ||||
| Lot 10 Corin Ct, Syosset, NY | 1015000 | Colonial | 4 | 2.5 | 7/2/2008 | ||||
| 331 Southwood Cir, Syosset, NY | 990000 | Colonial | 4 | 3 | 8/26/2008 | ||||
| 74 Syosset Cir, Syosset, NY | 975000 | Colonial | 4 | 2.5 | 7/18/2008 | ||||
| 34 Renee Rd, Syosset, NY | 980000 | Colonial | 4 | 3.5 | 6/13/2008 | ||||
| 19 Princeton Dr, Syosset, NY | 960000 | Colonial | 5 | 3.55 | 10/3/2008 | ||||
| 67 Townsend Dr, Syosset, NY | 1125000 | Colonial | 5 | 3.5 | 8/19/2008 | ||||
| 6 Wilshire Dr, Syosset, NY | 1200000 | Farm Ranch | 5 | 3.5 | 6/27/2008 | ||||
| 1 Stratford Pl, Syosset, NY | 1225000 | Colonial | 5 | 3.5 | 6/24/2008 | ||||
| 35 Sagamore St, Syosset, NY | 1330000 | Colonial | 4 | 2.5 | 10/7/2008 | ||||
| 175 Split Rock Rd, Syosset, NY | 1450000 | Farm Ranch | 5 | 5 | 8/7/2008 | ||||
| 12 Rodeo Cir, Syosset, NY | 1700000 | Contemporary | 6 | 7.5 | 9/18/2008 | ||||
| 22 Stratford Pl, Syosset, NY | 1800000 | Farm Ranch | 6 | 5 | 6/25/2008 | ||||
| 278 Berry Hill Rd, Syosset, Ny | 1975000 | Colonial | 5 | 4.5 | 8/1/2008 | ||||
| 280 Berry Hill Rd, Syosset, NY | 1950000 | Colonial | 5 | 4.5 | 6/30/2008 | ||||
| 55 Belvedere Dr, Syosset, NY | 2150000 | Colonial | 5 | 4.5 | 10/6/2008 | ||||
If you are looking to buy a home in Syosset or the surrounding areas, or thinking of selling, contact "The Rose Lady", your local neighborhood real estate specialist.
Ph - 516-385-0584
Email - info@rosalindamorgan.com
Website - www.rosalindamorgan.com
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Syosset 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 Syosset School District including: location of homes, list price, sold price and days on market. This report provides statistical information about homes sold in the Syosset 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 Syosset 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 Syosset School District.
This report is designed to give factual information about sales in the Syosset School District. As is the case with many school districts on Long Island, the Syosset 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 Syosset School District.
MAY 2008 HOME SALES

MAY 2007 HOME SALES

YEAR-OVER-YEAR COMPARISONS

MARKET TREND ANALYSIS:
Overall, the home prices declined a bit from April, but were still higher than the first quarter average and also May of 2007. The average days on market showed a significant increase in comparison to this year and last year. The ratio of sales price to list price continued to be below that of 2007.
CONCLUSION:
The Syosset School District has an unusual market because the homes range from starter to trade-up to luxury. Each of these markets act as their own sub-markets. Overall, there are positive trends in the market. However, homeowners should expect that it will take some time to sell their home, and that the sales price ratios are lower in Syosset than other parts of Long Island. Homebuyers have an opportunity to find the home that best fits their needs in the district due to the rising inventory levels.
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
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Syosset School District Homes Market Trend Report - April 2008. This report shows a statisical comparison between the first quarter averages and the month of April for 2008, in addition to a year-over-year comparison. This report provides information about homes sold in the Syosset School District including: location of homes, list price, sold price and days on market.
The following is the March 2008 Home Trends Market Report for the Syosset 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 Syosset 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 Syosset 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 Syosset School District.
This report is designed to give factual information about sales in the Syosset School District. As is the case with many school districts on Long Island, the Syosset 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 Syosset School District.
APRIL 2008 HOME SALES

APRIL 2007 HOME SALES

YEAR-OVER-YEAR COMPARISONS


MARKET TREND ANALYSIS:
The inventory rose in the Syosset School District higher than the first quarter average, and also higher than April of 2007. The averge home prices rose on the strength of two multi-million dollar luxury homes.
CONCLUSION:
If you were to look strictly at the average list price and average sales price, it would appear that homes in the Syosset School District have appreciated dramatically. However, the numbers are skewed by the homes that sold for over $3 million in Muttontown and Oyster Bay Cove. While these two sales boosted the sales figures, they also contributed to the ratio of sold price to list price deteriorating. All things considered, the days on market remained relatively flat, and the inventory increased somewhat. Sellers still need to be mindful of pricing their home properly in this market.
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
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The following is the March 2008 Home Trends Market Report for the Syosset 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 Syosset 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 Syosset 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 Syosset School District.
This report is designed to give factual information about sales in the Syosset School District. As is the case with many school districts on Long Island, the Syosset 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 Syosset School District.
MARCH 2008 HOME SALES
MARCH 2007 HOME SALES

MONTH-BY-MONTH & FIRST QUARTER YEAR-OVER-YEAR COMPARISONS


MARKET TREND ANALYSIS:
As is the case with many of the areas on Long Island, the home trends in the Syosset School District fluctuate from month-to-month. However, the quarterly numbers year-over-year, have shown a modest decline in home prices. The average days on market is slightly lower this year, and the ratio of sales price to list price remained relatively stable as well. Inventory is also on the rise, but only by a marginal amount, as compared to the first quarter of 2007.
CONCLUSION:
Homeowners are facing more competition with the rise in inventory. Like most areas, the homeowners that are motivated to sell their homes should price the home accordingly. Homebuyers looking to buy a home in the Syosset School District will benefit from relatively low interest rates, and prices that have come down a bit. In addition, the economic stimulus package has raised the FHA and Jumbo loan limits until the end of 2008. All of these factors make for an excellent buying opportunity for those looking to get into the area.
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