March, 2012 Long Island Housing Market Update from Multiple Listing Service
The March edition of the Long Island Real Estate Market Update from the Multiple Listing Service of Long Island discusses the upward trend for contracted or pending sales – a reliable indicator of future homes sales data. February, 2012 contracted sales show a 17.7% increase from February, 2011. These numbers are definitely encouraging and another sign that the housing market on Long Island is stabilizing and showing signs of recovery.
The March, 2012 Housing Market Report for Suffolk County shows a dramatic increase in the number of pending sales since January, 2012.
For more information about these reports or to request a complimentary Market Value Report for your home – please contact Cheryl at 516-901-0577 or Cheryl@LIagent.com.