Median Price on closed properties dropped comparing to July last year.
................... 2008 .......... 2007
Queens ... $399,900 ... $472,000
Nassau ... $458,500 ... $495,000
Suffolk ... $389,000 ... $405,000
................ Inventory ............... Units in contract ....................... Months Supply
................ 07/08 .... 07/07 ........ 07/08 .... 06/08 ...... 07/07
Queens .... 11510 .... 10774 ........ 765 ...... 752 .......... 772 ............. 15
Nassau .... 10877 .... 10415 ......... 963 ...... 889 ......... 1012 ............ 11.3
Suffolk .... 15186 .... 14996 ......... 964 ...... 1041 ....... 1167 ............ 15.8
Source: Long Island Board of Realtors
Kin, I just wanted to drop by to welcome you to Active Rain! Boy, Queens looks pretty affordable!