Inventory as at 9/30/09:
33 units of 2 family - median asking price $879,000 (10 months supply)*
24 units of 1 family - median asking price $653,500 (8 months supply)*
50 units of condo - median asking price $461,000 (21 months supply)*
93 units of co-op - median asking price $249,000 (16 months supply)*
*Based on the closings in the first 8 months in 2009.
Units closed in the 8 months period from 1/1/09 to 8/31/09:
25 units of 2 family - median selling price $790,000 (volume decreased by 21% year over year)
23 units of 1 family - median selling price $582,000 (volume decreased by 53% year over year)
19 units of condo - median selling price $349,000 (volume decreased by 34% year over year)
44 units of co-op - median selling price $215,000 (volume decreased by 39% year over year)
Units closed in the 8 months period from 1/1/08 to 8/31/08:
32 units of 2 Family - median selling price $737,500
49 units of 1 Family - median selling price $590,000
29 units of condo - median selling price $420,000
73 units of co-op - median selling price $210,000
Source: MLS of Long Island
Disclaimer: Data represented transactions reported to MLS only, it didn't reflect all transactions in the area.
