I’m frequently asked, “How’s the Market?” The chart below gives the best answer to that question. Altos Research provides a unique market statistic, ‘Market Action Index” (MAI) which illustrates the balance between supply and demand – based on the current rate of sales versus inventory. Their market reports contain this statistic and you can Request a Free Market Report from Altos Research for any zipcode (and some areas) on Long Island. Just fill out the quick form for a free market report on the Left Sidebar. Altos Reports will email one to you. If you would like a personal consultation for a Market Value Report for your home, please call me at 631-223-8549 or email: email@example.com.
These charts are based on Quartile Statistics, Last 90 days. They are “Live” – so the stats will change each week.
In both Dix Hills and Melville, during the week of February 10, 2010, the Top Quarter and the Bottom Quarter of the Market are performing the best.