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7/29/2019 East Patchogue New York February 2013
1/3
MARKET ACTION REPORT
February 201
City: E. patchoguePhillip KingSales AssociateOffice: (631)
588-9090 Ext. 108Cell: (516) [email protected]
Price Range: $0 to $999,999,000 | Properties: Single Family
Home, Townhome, Condo
Based on information from Multiple Listing Service of Long
Island for the period 3/1/2010 through 2/28/2013. Due to MLS
reporting methods and allowable reportingpolicy, this data is only
informational and may not be completely accurate. Therefore,
Coldwell Banker Residential Brokerage does not guarantee the data
accuracy.Data maintained by the MLS's may not reflect all real
estate activity in the market.
Trending Versus*: Trending Versus*:Market Profile & Trends
Overview Month LM L3M PYM LY YTD PriorYTD PriorY
Median List Price of all Current Listings $299,000 1% 5% Average
List Price of all Current Listings $352,335 4% 15% February Median
Sales Price $168,250 -36% -27% -26% -33% $252,750 -7%February
Average Sales Price $190,792 -24% -17% -16% -26% $228,827 -13%Total
Properties Currently for Sale (Inventory) 83 -5% -39% February
Number of Properties Sold 6 -40% 50% 16 167%February Average Days
on Market (Solds) 92 -57% -40% -43% -42% 168 13%February Month's
Supply of Inventory 13.8 59% 25% -59% -37% 11.3 -77% -February Sale
Price vs List Price Ratio 94.4% 1.3% 0% 6% -0.6% 94.6% 1.8% -0
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year
/ LY=Last Year / YTD = Year-to-date
Property Sales
February Property sales were 6, up 50.0% from 4 in February of
2012 and -40.0% lower than the 10 sales last month. February 2013
saleswere at their highest level compared to February of 2012 and
2011. February YTD sales of 16 are running 166.7% ahead of last
year's ye
ate sales of 6.
Prices
The Median Sales Price in February was $168,250, down -26.1%
from $227,600 in February of 2012 and down -36.4% from $264,500
lastmonth. The Average Sales Price in February was $190,792, down
-16.2% from $227,550 in February of 2012 and down -24.2% from
$25ast month. February 2013 ASP was at the lowest level compared to
February of 2012 and 2011.
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7/29/2019 East Patchogue New York February 2013
2/3
MARKET ACTION REPORT
February 201
City: E. patchoguePhillip KingSales AssociateOffice: (631)
588-9090 Ext. 108Cell: (516) [email protected]
Price Range: $0 to $999,999,000 | Properties: Single Family
Home, Townhome, Condo
Based on information from Multiple Listing Service of Long
Island for the period 3/1/2010 through 2/28/2013. Due to MLS
reporting methods and allowable reportingpolicy, this data is only
informational and may not be completely accurate. Therefore,
Coldwell Banker Residential Brokerage does not guarantee the data
accuracy.Data maintained by the MLS's may not reflect all real
estate activity in the market.
Inventory & MSI
The Total Inventory of Properties available for sale as of
February was 83, down -4.6% from 87 last month and down -38.5% from
135 inFebruary of last year. February 2013 Inventory was at the
lowest level compared to February of 2012 and 2011.
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The February 2013 MSI of 13.8
months t its lowest level compared with February of 2012 and
2011.
Market Time
The average Days On Market(DOM) shows how many days the average
Property is on the Market before it sells. An upward trend in
DOMends to indicate a move towards more of a Buyer's market, a
downward trend a move towards more of a Seller's market. The DOM
for
February was 92, down -57.0% from 214 days last month and down
-42.5% from 160 days in February of last year. The February 2013
DOwas at its lowest level compared with February of 2012 and
2011.
Selling Price vs Listing Price
The Selling Price vs Listing Price reveals the average amount
that Sellers are agreeing to come down from their list price. The
lower the ras below 100% the more of a Buyer's market exists, a
ratio at or above 100% indicates more of a Seller's market. The
February 2013 Sellin
Price vs List Price of 94.4% was up from 93.2% last month and up
from 89.4% in February of last year.
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7/29/2019 East Patchogue New York February 2013
3/3
MARKET ACTION REPORT
February 201
City: E. patchoguePhillip KingSales AssociateOffice: (631)
588-9090 Ext. 108Cell: (516) [email protected]
Price Range: $0 to $999,999,000 | Properties: Single Family
Home, Townhome, Condo
Based on information from Multiple Listing Service of Long
Island for the period 3/1/2010 through 2/28/2013. Due to MLS
reporting methods and allowable reportingpolicy, this data is only
informational and may not be completely accurate. Therefore,
Coldwell Banker Residential Brokerage does not guarantee the data
accuracy.Data maintained by the MLS's may not reflect all real
estate activity in the market.
Inventory / New Listings / Sales
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the bnnual seasonality of the market as well as the
relationship between these items. The number of New Listings in
February 2013 was 12, do
4.3% from 14 last month and down -55.6% from 27 in February of
last year.
