How’s the Housing Market in Dix Hills and Melville?
The latest housing market reports from Altos Market Research reflect the positive data reported in the March Pending Home Sales from the National Association of Realtors. Pending sales (or homes entered into contract) are an important indicator of the market as they show what is happening in the market now.
The most current report for Dix Hills shows that housing prices have stabilized with a slight increase in home selling prices. The chart shows the median sales price of homes closed.
For Melville median sales prices of homes closed show a steady climb during the past year – with a moderate softening in the last couple of months.
For more information about these reports – or to request a Complimentary Market Value Report prepared for your home – please contact Cheryl Grossman at Cheryl@LIagent.com or at 631-223-8549.