[Moving] 3Q 2011 Long Island Report Available For Download
Posted by Jonathan J. Miller -Thursday, October 27, 2011, 9:28 AM
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The Elliman Report: Long Island Sales 3Q 2011 was published today. It is part of a report series that we have authored for Douglas Elliman since 1994.
You can build your own custom data tables with the new data. I’m about to launch a site redesign and am rejiggering the way I handle charts (automatic) so I haven’t been very diligent in updating them on my site – sorry about that.
Here’s an excerpt from the report:
…There were 5,141 sales in the third quarter, 18.4% above the 4,343 total in the prior year quarter, and 22.3% above the prior quarter total of 4,205. The current total is the fourth highest quarter in three years, led by three quarters significantly impacted by the federal homebuyers tax credit from the second half of 2009 through early 2010. Year-over-year, signed contracts were up 8.6% to 4,813 from 4,430 in the prior year quarter. The federal homebuyer tax credit continued to influence reported price trends; however, the third quarter should be the last period to see much impact from last years stimulated price trends. The median sales price of a Long Island property that sold in the third quarter was $365,000, down 3.2% from $377,250 in the prior year quarter and up 4.3% from $350,000 in the prior quarter…
Other reports we prepare can be found here.
The Elliman Report: Long Island Sales 3Q 2011 [Miller Samuel]
Hamptons/North Fork custom data tables [Miller Samuel]
