Suffolk County Short Sale Market Report 1st Quarter 2010

Suffolk County Short Sale Market Report 1st Quarter 2010

Short Sale Homes Available: Over 500
Please note that our local MLS returns no more than 500 results.
Average Listing Price: $244,211
Average Property Taxes: $11,050

Under Contract: 211
Average Listing Price: $256,811
Average Property Taxes: $7,338
Average Days On The Market: 188

Short Sale Homes That Closed: 207
Average Listing Price: $305,797
Average Sold Price: $286,300
% Difference: 6.05
Average Property Taxes: $7,765
Average Days On The Market: 174

With the new short sale federal program, it will take months until we know if banks are moving faster with approving short sales.

Jackie Connelly-Fornuff
Coldwell Banker ResidentialBabylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com