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August 2011 Suffolk

August 2011 Suffolk

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Published by Chris Pappas
Market Report
Market Report

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Published by: Chris Pappas on Sep 22, 2011
Copyright:Attribution Non-commercial

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09/22/2011

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Data for this report was pulled on September 7, 2011
August 2011
 Average Sales Price of Closed Sales. . . . . . . . .3
Suffolk CountyMarket Update
Median Sales Price of Closed Sales. . . . . . . . .2 Average Contract Price of Contract SalesHousing Affordability Index. . . . . . . . .10. . . . . . . . .6. . . . . . . . .ean onrac rce o onrac aes
Data is refreshed regularly to capture changes in market activity so figures shown may be different than previously reported. Current as of September 7, 2011. All data from Multiple Listing Service of Long Island. Powered by 10K Research and Marketing. |
. . . . . . . . . 12Closed Sales. . . . . . . . .8Months Supply of InventoryPct. of Original List Price Received at Sale. . . . . . . . .5 Active Inventory of Homes for Sale. . . . . . . . .7Closed Sales by Price RangeContract Sales. . . . . . . . .11. . . . . . . . .9
 
Median Sales Price of Closed Sales
Suffolk County Only
9-2010
$331,750$335,000- 1.0%
10-2010
$325,000$325,000- 0.0%
11-2010
$320,000$330,000- 3.0%
12-2010
$325,000$325,000- 0.0%
1-2011
$313,000$317,000- 1.3%
2-2011
$300,000$325,000- 7.7%
3-2011
$300,000$305,000- 1.6%
4-2011
$290,000$318,000- 8.8%
5-2011
$314,500$316,500- 0.6%
6-2011
$310,000$335,000- 7.5%
Month + / Prior YearCurrent Year
Data for All Property Types
$355,000$259,000$145,000$336,000$260,000$123,750$330,000$251,250$115,250
Median Sales Price of Closed Sales by Property Type
8-2009 8-2010 8-2011
-----
 
7-2011
35,000340,000- 7.4%
8-2011
$324,000$325,000- 0.3%
12-Month Med $314,021 $324,708 - 3.3%
 All data from the Multiple Listing Service of Long Island. Powered by 10K Research and Marketing. | 2
$290,000$315,000$340,000$365,000$390,000$415,0001-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011
Historical Median Sales Price in Suffolk County
 All Property Types
$355,000$259,000$145,000$336,000$260,000$123,750$330,000$251,250$115,250Residential Condo-Townhouse Co-Op
Median Sales Price of Closed Sales by Property Type
8-2009 8-2010 8-2011
-5.4%-1.8%+ 0.4%-3.4%-14.7%-6.9%
 
Average Sales Price of Closed Sales
Suffolk County Only
9-2010
$396,538$377,924+ 4.9%
10-2010
$386,294$386,490- 0.1%
11-2010
$369,283$370,090- 0.2%
12-2010
$390,588$365,982+ 6.7%
1-2011
$361,914$369,272- 2.0%
2-2011
$348,499$382,321- 8.8%
3-2011
$355,111$349,267+ 1.7%
4-2011
$342,877$360,875- 5.0%
5-2011
$379,707$377,272+ 0.6%
6-2011
$383,816$376,796+ 1.9%
Data for All Property Types
MonthCurrent YearPrior Year+ / –
$405,873$295,114$154,568$394,124$298,906$161,952$383,866$310,416$141,657
Average Sales Price of Closed Sales by Property Type
 
8-2009 8-2010 8-2011
---
 
7-2011
$381,029$409,738- 7.0%
8-2011
$373,469$378,969- 1.5%
12-Month Avg $372,427 $375,416 - 0.8%
 All data from the Multiple Listing Service of Long Island. Powered by 10K Research and Marketing. | 3
$340,000$360,000$380,000$400,000$420,000$440,000$460,000$480,0001-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011 7-2011
Historical Average Sales Price in Suffolk County
 All Property Types
$405,873$295,114$154,568$394,124$298,906$161,952$383,866$310,416$141,657Residential Condo-Townhouse Co-Op
Average Sales Price of Closed Sales by Property Type
 
8-2009 8-2010 8-2011
-2.9%-2.6%+ 1.3%+ 3.9%+ 4.8%-12.5%

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