Long Island Multiple Listing Service December 2011 Housing Market Report compares 2011 sales with 2010.
The number of sales contracts in December 2011 were up 5.2% from December 2010. The total number of housing sales in 2011 showed an increase of 6.2% from 2010 with a price decrease of 2.8% from the year before. The median sales price seems to be stabilizing at around $350,000.
If you want to know the value of your home in Today’s Market, please contact me for a Complimentary Market Value Report – prepared specifically for your home and your neighborhood. Call 631-223-8549 or email: Cheryl@LIagent.com.