Massapequa Real Estate Statistics for the week of 7/20/12 - 7/27/12

By
Real Estate Broker/Owner with RE/MAX Wittney Estates 516-795-6900 www.longislandrealestatesearch.com

Massapequa Home Sold

Massapequa Real Estate Sales Statistics for the  week of  7/20/12 - 7/27/12

There were 7 Homes Sold in Massapequa 11758 and 11762 The Week of 7/20/12 - 7/27/12

The Median Sold Price was $472,500.00

The Lowest Sold Price was $289,000.00

The Highest Sold Price was $689,000.00

The Median Sales Price Difference was 3.3%

The Median Property Taxes were $10,843.00

There are currently 376 Homes available for sale in Massapequa

 

Statistics

FieldCountMean
(Average)MedianModeLowHigh
Listing Price 7 $487,427 $477,000 $289,000 $289,000 $689,000
Original Price 7 $490,284 $497,000 $289,000 $289,000 $689,000
Sold Price 7 $462,143 $472,500 $260,000 $260,000 $635,000
% Difference 7 5.14 3.3 0.9 0.9 10
Taxes 7 $11,188 $10,843 8186.16 8186.16 13915.21
Bedrooms 7 3.6 4 4 3 4
Baths 7 2.1 2 2 1.5 2.5
Days On Market 7 73 52 28 28 164
(Calculations are done excluding zero-values except for %Difference)

Counts

FieldValueCount
Town Massapequa 6
N. Massapequa 1
Zip 11758 7
Zone 5 7
County N 7
Last Status Change CL 7
Style Colonial 3
Exp Ranch 1
Ranch 2
Split 1

 

This week we are seeing 6 more homes sold than the previous week. This report covers the entire Massapequa and all the participating brokers.

The inventory is down by one avail property.

Prices remain steady.

If you're home is currently on the market this report makes it apparent that the  supply is much greater than the demand which necessitates pricing your home competitively to compete with the vaste number of other homes on the market. 

The average days on the market are 73. If your home has been on the market longer than 73 days it may be time to lower your price.

If you are thinking of putting your home on the market please contact us for a free no obligation consultation.

If you are in the market to buy a home in Massapequa please contact us to assist you with your purchase as we have done for home-buyers since 1984.

 

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Richard & Beth Witt

Broker/Owner RE/MAX Wittney Estates Long Island NY
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