West Islip Real Estate Market Report Long Island New York - by Jackie Connelly-Fornuff
By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
West Islip Real Estate Market Report For Period: 11/1/09 To 11/30/09Homes New On The Market15 Single Family HomesAverage Listing Price: $494,690Low Listing Price: $299,900High Listing Price: $729,990The High Listing Price reflects Luxury Homes Homes Currently Under Contract15 Single Family HomesAverage Listing Price: $435,797Original Listing Price: $448,984The difference between the Average and Original numbers are because the original listing price was lowered due to the fact the price wasn't at Market Value to begin with. When this happens, it keeps getting lowered to attract offers. You run into the danger of getting it below Market Value and that you do not want. When you price it right the first time, then you will get offers close to your asking price or at asking price. Homes Tha...
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