Freeport, New York Real Estate Trends-May 31, 2010
Freeport, New York 11520
The Freeport, New York Real Estate Trends report covers Freeport New York real estate that is available for and homes that have closed over the 12 month period ended May 31, 2010.
The Incorporated Village of Freeport is located in The Town of Hempstead on the south shore of Nassau County, Long Island. Settled in the 1640s as an oystering community, Freeport maintains a commercial waterfront. Freeport also has its own municipal electric utility, police department, fire, and water departments.
Freeport, NewYork Homes for Sale
As of May 31, 2010, there were 290 homes available in Freeport. Of the 290 homes there are 11 foreclosures and 70 homes marketed as short sales. The median list price is $349,000.
Colonials make up more than a third of the homes for sale (104), followed by Ranches (42), Capes (34), Splits (30), High Ranches (27), Victorians (10) as the other top styles.
There is also an active cooperative and condominium market. 89 cooperative apartments and 12 condominiums are currently available. The medium list price for cooperatives is $144, 000. The median list price for condominiums is $282,000.
Freeport, New York Homes Sold
There were 207 homes sold for the year ended May 31, 2010. Of this number 17 were short sales and 77 were foreclosures. The three month period February 28, 2010 to May 31, 2010, accounted for 47 of the 207 home sales. The median sales price for this three month period was $222, 500.
There were 37 cooperative and 12 condominium sales for the year ended May 31, 2010. The three month period February 28, 2010 to May 31, 2010 accounted for 10 of the 37 cooperative and 3 of the 10 condominium sales. The median sales price for this three month period was $103, 000 for the cooperatives and $245, 000 for the condominiums.
For a customized Neighborhood Report and information on purchasing or marketing your home, please contact Pat White
Mobile phone: 917 533-8475
mailto://Pat@HomeDrivenRealty.com
Website: www.HomeDrivenRealty.com
Data Source: Multiple Listing Service of Long Island
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Data Source: Multiple Listing Service of Long Island
Information deemed Relable but not Guaranteed.
All photos and written content were produced by Patrick White. All Rights Reserved. This content may not be reproduced or reprinted, except for Active Rain Re-blogging, without express written permission of Patrick White, REALTOR®, Home Driven Realty, Inc., Baldwin, New York.
Patrick White, IMSD, e-Pro, RSPS, SFR, SRES, Realtor
Licensed Real Estate Broker
Certified HUD Foreclosure Broker
Home Driven Realty Inc
www.HomeDrivenRealty.com
mailto://Pat@HomeDrivenRealty.com
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