Median Prices still moving downward

By
Real Estate Agent with Kin Real Estate

Median Prices in Queens, Nassau & Sufflk on closed properties was dropped more than 12% in Feb comparing to last year:

................ Feb 2009 .... Feb 2008

Queens ... $372,000 ... $425,000 (-12.47%)

Nassau ... $400,000 ... $458,800 (-12.82%)

Suffolk ... $309,500 ... $359,500 (-13.91%)

Sales improved. There is more units in contract than Jan 09:

....................... Inventory ...................... Units in contract ............. Months Supply

.................. Feb 09 ..... Feb 08 ........ Feb 09 .... Jan 09 ...... Feb 08

Queens ..... 10408 ..... 10809 .......... 555 ........ 519 .......... 565 ............. 18.8

Nassau ....... 9471 ....... 9307 ........... 614 ........ 534 ......... 674 ............. 15.4

Suffolk ..... 12867 ..... 13739 ........... 656 ........ 562 ......... 870 .............. 19.6

Source: Long Island Board of Realtors

Posted by

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the camera to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
ActiveRain Community
Location:
New York Queens County
Tags:
queens
nassau
suffolk
ny
real estate
market condition

Comments 0 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the graph to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the eye to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
85,716

Kin Tsui

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the computer to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information