Syosset NY Real Estate

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Real Estate Agent - Century 21 American Homes
Local real estate around Syosset NY - Nassau County Real Estate Market
RECENT BLOG POSTS
Not all price ranges are created equal in the Syosset real estate market. As we put winter behind us and look forward to spring, I broke the Syosset market into 3 price ranges: under $1 million, from $1 Million to $1 ½ million and over $1 ½ Million.The total inventory in Syosset (on March 5 2019)...
03/05/2019
Somebody yelled fire in the Syosset real estate market last year. We had a record number of listings (417) and an average number of sales (253). That leaves a lot of unhappy sellers in Syosset. Unfortunately, the activity in the past 7 weeks (since Dec 1) compounded the issue. December was the wo...
01/24/2019
September statistics show signs of a changing market. As inventory rises (5597 homes on the market Oct vs 4976 last year Oct 1) along with absorption rates (now standing at 5 months’ worth of inventory), Nassau county did not hit the 1000 mark in houses sold. We haven’t had a September that didn’...
10/17/2018
This past months’ market statistics point to a possible turning point in the market. Both inventory and absorption rate are climbing. July should be a month where both fall. In Nassau County inventory rose to 5732 homes on August 1st against 5589 homes last month and 5281 homes last August 1st. T...
08/07/2018
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The word has gotten out. It’s a great time to sell your house. Many more homeowners have put their homes on the market in the first six months of 2018 compared to 2017. In Syosset 265 homes were listed in the first half of this year versus 188 homes last year same time. That’s a whopping 40% rise...
07/09/2018
Even though the number of listings taken in Nassau County since January 1 2018 has outpaced last year’s rate by 19% the absorption rate continues to shrink to 3.9 months’ worth of inventory on May 1st.Syosset follows the general county pattern with listings up 7% and absorption rate at 3.3 months...
05/14/2018
With the first quarter of 2018 in the books here is the relevant market data for Syosset NYCurrently on the Market – 92 homes 2 condosMedian Asking Price $904,00056 homes and 2 condos are under contract110 homes and 4 condos were put on the market since Jan 1 201844 homes and 4 condos closed sinc...
04/02/2018
While the number of listings taken in Nassau County jumped 37% in 2017 over the number of listing taken in 2016, the number of contracts went up a meager 1.5%.   The number of listings still on the market on Jan 1 2018 is at least a 10 year low of 3733.  Where did all the listings go? Expired lis...
01/16/2018
We are at the beginning of the fall real estate market in Syosset and the question is – Are buyers giving up on this market or is there just nothing for them to buy?  The number of homes put under contract has fallen to the lowest level since January. While there is a natural falloff in activity ...
10/17/2017
Halfway through the year here is the relevant market data for Syosset NYCurrently on the Market – 85 homes 9 condosMedian Asking Price $799,00084 homes and 6 condos are under contract205 homes and 16 condos were put on the market since Jan 2017median asking price $739,000106 homes and 2 condos cl...
07/06/2017
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Local real estate around Syosset NY - Nassau County Real Estate Market