Syosset, NY Real Estate News

By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
Here It Is...The Redone Split Level Home You've Been Waiting For!    Price: $775,000        This Renovated Plainview Long Island Home, In The Top-Rated Syosset School District, Offers The Following: New Open Concept New Redesigned Large Kitchen with Center Island New Stainless Steel Appliances New High-End Custom Quartz Counter-Tops New Refinished Sparkling Hardwood Floors  New Customized Baths New Moldings, New Doors, New Hardware & Trim New Custom Railing New Boiler Newly Painted Spacious Rooms w/Abundance of Natural Light Den with Wood-Burning Fireplace Attached 2 Car Garage  Central Air Conditioning New Paver Front Entry New Driveway New Siding Redone Finished Basement Prime Syosset School District Location Inviting Split Level Home in The Top-Rated Syosset School District #2.  Feat...
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By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
Syosset Long Island is a North Shore Hamlet in Nassau County New York within Zip Code 11791. If you are looking for homes in Syosset New York that are For Sale, click our link below: NASSAU AND SUFFOLK REAL ESTATE We are very familiar with The Syosset Long Island Real Estate market, and we List and Sell in this neighborhood! After searching for homes, and you find what you are looking for, call Lawrence & Sheila Agranoff to represent you in the sale. Cell: 631-805-4400Syosset is a suburban neighborhood positioned between Plainview and Woodbury, and to the West Jericho and Muttontown Long Island. Syosset’s architectural home designs include Split Levels, Ranches, Colonials, Capes, Post Modern, Contemporary and Hi-Ranches. There is also one all-age Condominium community in Syosset New Yor...
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By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
Here It Is...The Redone Split Level Home You've Been Waiting For!            This Renovated Syosset Long Island School District Home (with Plainview Address)  Offers The Following:  New Redesigned Kitchen with Center Island New Stainless Steel Appliances New High-End Custom Quartz Counter-Tops New Refinished Hardwood Floors  New Customized Baths New Moldings, New Doors, New Hardware & Trim New Custom Railing New Boiler Newly Painted Spacious Rooms w/Abundance of Natural Light Den with Wood-Burning Fireplace & New Mantle Attached 2 Car Garage  Central Air Conditioning New Paver Front Entry New Driveway New Siding Redone Finished Basement Prime Syosset School District Location  This Is The Larger Floor Plan Split Level Home in The Top-Rated Syosset School District #2.  This Inviting Home ...
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By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
Birchwood Park is a Residential Single Family home community in Syosset Long Island.You can reach this destination from The Long Island Expressway S. Oyster Bay Road South, and Right on Birchwood Park Drive.This neighborhood was constructed in the mid-1950's with mostly Split Level style homes. There are some Ranch, and a Cape style among them too. Most of the homes have 3 or 4 bedrooms, 2 or 2.5 baths, 1 and 2 car garages and a basement. There are various lot sizes, but they sit on approximately 60/70x100.  They have oil or gas heat.  Birchwood Park is served by The Syosset School District #2. Do you want to know what's available for sale at this popular neighborhood?You can call Lawrence "Larry" and Sheila Agranoff at our Cell: 631-805-4400, or you can check below here at: nassauandsu...
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By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
Clearview Village is a Residential Single Family home community in Syosset Long Island. You can reach this destination from The Long Island Expressway S. Oyster Bay Road South, and Left on Parkway Drive. This neighborhood was constructed in the mid-1950's with mostly Split Level style homes. There are some Ranch, and a few New Construction (or redesigned) among them too. Most of the homes have 3 or 4 bedrooms, 2 or 2.5 baths, 1 and 2 car garages and a basement. There are various lot sizes, but they sit on approximately 70x100.  They have oil or gas heat.  Clearview Village is served by The Top-Rated Syosset School District #2. Do you want to know what's available for sale at this popular neighborhood in Syosset New York? You can call Lawrence "Larry" and Sheila Agranoff at our Cell: 631...
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By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
Birchwood Park is a Residential Single Family home community in Syosset Long Island. You can reach this destination from The Long Island Expressway S. Oyster Bay Road South, and Right on Birchwood Park Drive. This neighborhood was constructed in the mid-1950's with mostly Split Level style homes. There are some Ranch, and a Cape style among them too. Most of the homes have 3 or 4 bedrooms, 2 or 2.5 baths, 1 and 2 car garages and a basement. There are various lot sizes, but they sit on approximately 60/70x100.  They have oil or gas heat.  Birchwood Park is served by The Syosset School District #2. Do you want to know what's available for sale at this popular neighborhood? You can call Lawrence "Larry" and Sheila Agranoff at our Cell: 631-805-4400, or you can check below here at: nassauan...
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By Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher
(Feng Shui Manhattan Long Island)
New York Feng Shui Consultant Laura Cerrano, host of the Feng Shui Manhattan Talk Show interviews Psychic Medium Christopher Allan live on Facebook. Both Laura and Christopher are adoptees from Colombia and share their personal stories and experiences with spirit, energy and communication with loved ones who’ve passed on. They cover a range of topics that provide real and honest conversations about death, grief, releasing fear, healing and much more! To watch the recording, click on: The Feng Shui Manhattan Talk Show interviews Psychic Medium Christopher Allan
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By Laura Cerrano, Certified Feng Shui Expert, Speaker & Researcher
(Feng Shui Manhattan Long Island)
Feng Shui Long Island Real Estate Evalutation Includes:  Evaluation of the surrounding land plot and layout of the location to measure its energy potential of being beneficial or draining, according to your specific needs. Please provide a floor plan of the home or office being evaluated. Evaluations conducted by Long Distance need photos and a walk through video of the interior and exterior layout. Receive a 1-5 page PDF packet of notes that recaps the findings. Each evaluation is accompanied by a 15 minute follow up phone call to clarify any remaining questions, if needed.   Certified Feng Shui consultant Laura Cerrano provide real estate evaluation for Long Island, the Hamptons, Queens, Brooklyn, Bronx, New York City, Manhattan, Connecticut and Los Angeles, CA. This service is excell...
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By John Ammirati
(Century 21 American Homes)
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) is 104 houses. There are 58 under $1 million, 34 between $1 million and $1 ½ million and 12 over $ 1 ½ million. In the past 30 days we’ve had 10 houses under $1 million be sold with an absorption rate of 5.8 months of inventory. In the same period 4 houses between $1 million and $1 ½ million have sold with an absorption rate of 8.5 months of inventory. There are no houses sold in the past 30 days over $ 1 ½ million. Looking back to Jan 1 there are no houses over $1 ½ million that have sold. Com...
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By John Ammirati
(Century 21 American Homes)
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 worst month for sales in 2018 – only 10 homes went under contract. Since Jan 1 2019 only 3 homes have been put in contract and 21 more homes were listed. What is a seller to do? First get ready to wait significantly longer for their home to sell. Secondly be very aggressive with the pricing. This is not the kind of market to try out a price. If you want to sell you will be selling at the market. Get as close to or just below the current market asking prices to give yourself the best chance of bein...
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By John Ammirati
(Century 21 American Homes)
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’t have 1000 sales since 2014. In the past 30 days (as of Oct 17th) 241 homes expired and 406 homes were withdrawn from the market- that’s 10% of the Inventory. The picture in Syosset real estate is even more changed from last year when 76 homes were on the market as opposed to the 121 listings we had Oct 1st this year. The absorption rate in Syosset is over six months’ worth of inventory (the tipping point between and seller’s market and a buyer’s market). As interest rates rise and home sales s...
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By John Ammirati
(Century 21 American Homes)
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. The year to year rise is 8%. In our local market in Syosset the change is more dramatic. 121 homes were on the market on August 1st. Last year that number was only 78 homes. That’s a 55% increase. Absorption rate in Nassau county has climbed to 4.7 months of inventory. Last year the absorption rate was 4.4 months. In Syosset the absorption rate on August 1st this year rose to 5 months of inventory. Last year it was 3 months. All this is good news for buyers who have been struggling with low inven...
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By John Ammirati
(Century 21 American Homes)
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. The story in the county is similar but not as dramatic. Listings in Nassau County rose 28% over last year’s first half. In Nassau County under contracts and closings slightly lag last year’s pace while Syosset’s closings were up 8%. Prices rose moderately. Both Syosset and Nassau County average price increases at closing were 4.5%.Absorption rates are trending slightly higher than last year in Nassau County from 3.9 months of inventory to 4.2 months. Syosset has jumped from 3.1 months to 4.8 m...
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By John Ammirati
(Century 21 American Homes)
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. The absorption rate on May 1 2017 was 3.5 months.With interest rates slowly creeping up, the aggressiveness of buyers continues to accelerate. Many buyers are presenting their first offer at or over asking price and gird themselves for the ensuing bidding war. The sellers’ upper hand in the market continues unabated with no end in sight.With so many good offers on the table, sellers are concentrating more on the financial strength of the offers – anticipating issues with appraisals. Although t...
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By John Ammirati
(Century 21 American Homes)
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 since Jan 1 2018          Median list price at closing $699,000          Median closing price $691,500          Median Days on the Market 58 Current Absorption Rate 4.1 months’ worth of inventory. It continues to be a strong sellers’ market with the average home selling within 1% of the list price. The lower end inventory has disappeared in the 1st quarter. The second quarter inventory should bring the median home price to more historical average. Home prices are rising a little more slowly than the...
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By John Ammirati
(Century 21 American Homes)
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 listings jumped from 233 in 2016 to 1195 in 2017, while listings withdrawn from the market exploded from 820 to 3081.  We ended 2017 with an absorption rate of 4.4 months of inventory very similar to the 4.5 months a year ago.  Its obvious that there were a lot of disappointed sellers in this sellers’ market and I suspect price is the culprit.  While prices of closed properties in Nassau county went up 3.5%, the average sales price of pending sales rose only 2.6%.  A good number of sellers are look...
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By John Ammirati
(Century 21 American Homes)
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 in the fall from the height of market activity in the spring and summer months this year looks different.  Inventory levels on Oct 1st have dropped 27% in Syosset from the levels of last year this time. Will the buyers put their purchases on hold and just hope for a better spring market or will they grab up what they can and complete their purchases by year’s end?  54 listings were taken in June and July this year.  57% were sold in an average of 41 Days. Of the 50 listings put on the market sin...
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By John Ammirati
(Century 21 American Homes)
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 closed since Jan 1 2017 Average list price at closing $780,773 Average closing price $756,897 Average Days on the Market 95 Current Absorption Rate 3 months’ worth of inventory. It continues to be a strong sellers market with the average home selling within 3% of the list price. Inventory normally peaks this time of year but we might have reached our peak of 98 homes on the market last month. Still a great time to sell and a rough time to buy.
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By John Ammirati
(Century 21 American Homes)
At the beginning of the traditionally strong home buying season there is no good news for buyers.  With the economy continuing to improve, unemployment low and interest rates surprisingly low  the demand for houses is crushing the supply. All markets in Long Island reflect this reality.  Nassau County had just over 5000 homes available for sale on May 1.  Last year over 6000 were available and 2 years ago close to 7000.  The absorption rate is a low 4.4 months’ worth of inventory. Suffolk County real estate market is improving at a faster rate. Just over 7300 homes were available on May 1st compared to over 10,000 just 2 years ago. The absorption rate a low 4.7.  Our home town of Syosset has even better statistics with 97 homes available on May 1st versus 140 last year and an absorption...
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By John Ammirati
(Century 21 American Homes)
There is a severe drought of real estate inventory on Long Island.  There are 18% less homes available in Nassau County for sale at the end of the first quarter of 2016 than the same time last year.  Similarly, Suffolk County shows a 20% decline. Our home town of Syosset follows the trend with 18% less inventory.  Is the drought due to a slowdown in listings put on the market? Not on Long Island!  Suffolk County leads with 19% more homes listed in the first quarter of 2017, Nassau follows with 10% and Syosset lags behind with only a 3% increase in listings taken.The absorption rate mirrors the inventory drought with Nassau County holding 3.8 months’ worth of inventory available at the end of the quarter.  Suffolk County nor much better at 4.6 months and Syosset wins with a low 3.3 month...
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