-
7/29/2019 Selden New York February 2013
1/3
MARKET ACTION REPORT
February 201
City: SeldenPhillip 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 $249,900 0% 6% Average
List Price of all Current Listings $233,966 1% 3% February Median
Sales Price $245,000 -1% 12% 18% 9% $248,000 31%February Average
Sales Price $241,286 14% 6% 12% 9% $224,012 10%Total Properties
Currently for Sale (Inventory) 121 -8% -15% February Number of
Properties Sold 7 -30% -53% 17 -15%February Average Days on Market
(Solds) 92 -23% -19% -31% -30% 108 -19%February Month's Supply of
Inventory 17.3 31% 30% 83% -4% 15.2 -19%February Sale Price vs List
Price Ratio 95.6% 0.1% 0% 2% 0.1% 96.1% 1.5% 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 7, down -53.3% from 15 in February
of 2012 and -30.0% lower than the 10 sales last month. February
2013were at their lowest level compared to February of 2012 and
2011. February YTD sales of 17 are running -15.0% behind last
year's year-toales of 20.
Prices
The Median Sales Price in February was $245,000, up 18.4% from
$207,000 in February of 2012 and down -1.2% from $248,000 last
monThe Average Sales Price in February was $241,286, up 11.8% from
$215,753 in February of 2012 and up 13.9% from $211,920 last
monthFebruary 2013 ASP was at highest level compared to February of
2012 and 2011.
-
7/29/2019 Selden New York February 2013
2/3
MARKET ACTION REPORT
February 201
City: SeldenPhillip 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 121, down -8.3% from 132 last month and down -14.8%
from 142 iFebruary 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 17.3
months t a mid range 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 -22.7% from 119 days last month and down
-30.8% from 133 days in February of last year. The February 2013
DOwas at a mid range 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 95.6% was up from 95.5% last month and up
from 93.5% in February of last year.
-
7/29/2019 Selden New York February 2013
3/3
MARKET ACTION REPORT
February 201
City: SeldenPhillip 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 13, do
9.4% from 32 last month and down -51.9% from 27 in February of
last year.
