Baldwin New York Real Estate Trends-Third Quarter Report, September 30 2012

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Real Estate Broker/Owner with Home Driven Realty, Inc

Baldwin New York Real Estate Trends-Third Quarter Report, September 30 2012

Baldwin, New York Real Estate

Baldwin, New York 11510

The Baldwin, New York Real Estate Trends-Third Quarter Report, September 30, 2012 covers Baldwin, New York real estate market activity, year to year, for the 4 year period ended September, 2012.

The report focuses on the number of Baldwin, New York Real Estate homes sold, the median sales price and median days on market with particular attention to foreclosure and short sale data. For the years indicated the periods covered appear in the following table.

 

Year

2009

2010

2011

2012

Period Covered

10/1/2008-9/30/2009

10/1/2009-9/30/2010

10/1/2010-9/30/2011

10/1/2011-9/30/2012

 

The hamlets of Baldwin and Baldwin Harbor are located in The Town of Hempstead on the south shore of Nassau County, Long Island. The two hamlets share the same zip code and school district-the Baldwin Union Free School District. North Baldwin is part of the hamlet of Baldwin. For the purposes of this report, the North Baldwin section of Baldwin will be analyzed separately. Residents consider themselves part of the same community, Baldwin.

 

Baldwin Graphs

 

Baldwin, New York Real Estate Number of Homes Sold

The total number of Baldwin, New York Real Estate homes sold for the four year period ended September 30, 2012 increased  from 145 in 2009 to 149 in 2012.

 

Baldwin Graphs

 

A closer look at the type of sales over the four year period reveals a decrease in the number of Baldwin, New York Real Estate foreclosures from 17 in 2009 to 6 to 2012 and an increase in Baldwin, New York Real Estate short sales from 7 in 2009 to 19 in 2012.

Baldwin Graphs

 

With total Baldwin, New York Real Estate sales of 149 for 2012, the 6 Baldwin, New York foreclosure sales represents 4.0 % of total sales and the 19 Baldwin, New York short sales represents 12.8 % of total sales.

 

Baldwin Park

 

Baldwin, New York Real Estate Median Sales Price Overview

The median sales price of Baldwin, New York Homes over the 4 year period ended September 30, 2012 declined from $363,000 in 2009 to $311,984 in 2012 for a decrease of 14 %. The median sales price decreased year to year from 2009 to 2012.

Baldwin Graphs

The decrease in Baldwin, New York Real Estate conventional, foreclosure, short sale median sales prices and the economic downturn have been elements in declining overall median sales prices. The median sales price of Baldwin, New York Real Estate foreclosures declined from $299,000 in 2009 to $205,500 in 2012. The Baldwin, New York Real Estate short sale median sales price declined from $400,000 in 2009 to $278,100 in 2012.

Baldwin Graphs

 

Baldwin, New York Real Estate Days on Market Overview

 

The Baldwin, New York Real Estate days on market increased from 96 days in 2009 to 111 days in 2012.

 

 Baldwin Graphs

 


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Data Source: Multiple Listing Service of Long Island

Information deemed Relable but not Guaranteed.

All photos and written content were produced by Patrick White. All Rights Reserved. This content may not be reproduced or reprinted, except for Active Rain Re-blogging, without express written  permission of Patrick White, REALTOR®, Home Driven Realty, Inc., Baldwin, New York.

Patrick White, IMSD, e-Pro, RSPS, SFR, SRES, Realtor
Licensed Real Estate Broker

Certified HUD Foreclosure Broker
Home Driven Realty Inc
www.HomeDrivenRealty.com

mailto://Pat@HomeDrivenRealty.com

www.Facebook.com/HomeDrivenRealtyInc


Twitterhttp://twitter.com/#!/BaldwinLI

Mobile Telephone: 917 533-8475
Fax: 516 867-6476

 

 

 

 

 

 

 

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