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Nassau County real estate market update for the first quarter of 2022 compared to Q1 2021.
Long Island Real Estate Market Trends 2022.
If you are thinking about buying a Home on Long Island This Year, here is the place to start.
Nassau County Real Estate Market Update
Average Sales Price
Q1 2021 $760,572
Q1 2022 $822,954
increased 8%
Average Days On Market
Q1 2021 70
Q1 2022 62
decreased 11%
Average Pending Price
Q1 2021 – $813,568
Q1 2022 – $873,795
increased 7%
Sale to List Price Ratio
Q1 2021 – 98.41%
Q1 2022 – 99.58%
increased 1%
Number of Sold Listings
Q1 2021 – 3164
Q1 2022 – 2780
increased 12%
Months Supply of Inventory
Q1 2021 – 1.9 months
Q1 2022 – 1.7 months
decreased 11%
Mortgage Rate
3/31/21 – 3.33%
3/31/22 – 4.45%
increased 34%
—————————————————————————————————– Here at Dean Miller Real Estate, we believe in being the guide in your home shopping, purchase and buying processes. Our aim is to put you int he best position possible to become the hero of your story. ——————————–
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 will achieve this goal by building relationships, by continuously providing up to date information, while using the most cutting edge tools, systems and techniques to help their clients and agents achieve life changing results. Understanding the true needs of their clients is paramount to success.
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To contact us; 3330 Park Avenue, #4, Wantagh, NY 11793
Phone: 516-248-5007
Instagram: https://www.instagram.com/deanmillerrealestate
Facebook: https://www.facebook.com/deanmillerrealestate
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Wantagh, Bellmore, Merrick, Seaford, Massapequa, Massapequa Park, Levittown, Garden City, Baldwin, Buyer Broker, Listing Agent, How to sell your home, Sell my home,
