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Health & Fitness

The Real State of the Lindenhurst Real Estate Market

The Real State of the Lindenhurst Real Estate Market
Monthly Market Snapshot for Single Family Homes - March 2014

In March 2014, the Lindenhurst real estate market median sales price was $268,000 up 9.38% from March 2013. The highest recent sale for 2014 is $469,000 for a 4 bedroom, 11 room new construction Colonial on Idaho Street. 16 homes went under contract during March 2014 which is down 15.8% from this time last year. This is due to decreasing available homes on the market and buyers are experiencing tight negotiating and a colder than normal winter has also played a factor in the decrease of inventory. The Lindenhurst housing market has been in a seller’s market for over six months so expect to pay close to or at asking price for a move-in condition home.

Single Family Homes Data                 

                                              
March 2014              March 2013                
Median Sold Price                     $268,000                      $245,000                     
Average Days on Market           108                              171                                List Price/Sold Price Ratio           4%                               3%                                # of Contracts Signed              16                                 19                                 
# of Homes Available              155                                 216      

***All info in deemed reliable and not guaranteed. Information herein is from the Multiple Listing Service of Long Island***

Find out what's happening in Lindenhurstfor free with the latest updates from Patch.

Jackie Connelly-Fornuff (631) 703-0201
NYS Licensed Real Estate Salesperson
Century 21 AA Realty of Lindenhurst

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