We answer the most commonly asked question… How’s the Long Island real estate market?
Below is our Nassau County summary of what happened in March of 2021 vs February of 2021. In this video, we discuss the numbers below, along with a comparison of the same time in 2020.
Nassau County 2021
- Average Sales Price
- January – $758,582
- February – $745,034
- decreased 2%
- Average Days On Market
- January – 67
- February – 67
- had no change 0%
- Average Pending Price
- January – $796,602
- February – $803,745
- increased 1%
- Sale to List Price Ratio
- January – 98.40%
- February – 98.35%
- had no change 0%
- Number of Sold Listings
- January – 1063
- February – 914
- decreased 14%
- Months Supply of Inventory
- January – 2.8
- February – 2.6
- decreased 7%
- Mortgage Rate
- January – 2.93%
- February – 3.18%
- increased 9%
Top Sales
1. $8,800,000- 321 Duck Pond Road Locust Valley, NY 2. $7,100,000- 1 Hidden Pond Drive Old Westbury, NY 3. $4,825,000- 1029 Oceanfront Avenue Long Beach, NY 4. $4,325,000- 73 Cornwells Beach Road Sands Point, NY 5. $4,100,000- 110 W Creek Farms Road Sands Point, NY 6. $3,550,000- 73 Saxony Court Manhasset, NY 7. $3,200,000- 512 Centre Island Road Centre Island, NY 8. $2,975,000- 18 1/2 Arleigh Road Great Neck, NY 9. $2,897,000- 388 Park Avenue Manhasset, NY 10. $2,800,000- 1133 Harbor Road Hewlett Harbor, NY
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Here at Dean Miller Real Estate, we believe in being the guide in your real estate process (home selling, shopping, purchase and buying). Our aim is to put you int he best position possible to become the hero of your story.
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Finding a buyer for your home is the easy part in todays market, but getting the right buyer, who will close on time without costing you money and time is where the real work comes in. And home buyers? If you are tired of waiting on long lines, only to get out bid on yet another home…. We have solutions and a plan for you.
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Dean Miller Real Estate is a modern day real estate agency who believes that the status quo is no longer acceptable in the real estate industry. Our goal is to help 10,000 families with their housing needs by the end of 2029 and we will achieve this goal by building relationships, by continuously providing up to date information, while using the most cutting edge tools, systems, technology and techniques to help clients and agents achieve life changing results. Understanding the true needs of the client is paramount to success.
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To contact us; 3330 Park Avenue, #4, Wantagh, NY 11793 Phone: 516-248-5007 Website: https://deanmillerrealestate.com/ Instagram: https://www.instagram.com/deanmiller.ny Facebook: https://www.facebook.com/deanmillerreealestate LinkedIn: https://www.linkedin.com/in/deanmillerny Twitter: https://twitter.com/deanmillerny
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