2008 and 2007 Under Contract Stats

Chart 1 – Comparison of 2008 and 2007 Homes that entered Under Contract (UC) during each year.  The numbers of homes UC is almost the same for each year – 3 more in 2008.  The Median Listing Prices and Selling Prices are lower in 2008.

Comparison of 2008 and 2007 Homes Under Contract

Chart 2 – Comparison of Number of Homes entered Under Contract by Month -Tracked for 2008 and 2007.

2008-2007 Number of Homes Under Contract

Cheryl Grossman’s Dix Hills, Melville, SD#5 Housing Market Report for 2008 in .pdf format.  SD#5 is Half Hollow Hills School District.

Chart 3 – Comparison of 2008 and 2007 Sold Homes (Those that Closed, regardless of when they were entered Under Contract).  Sales numbers are slightly higher for 2008 than 2007.  Listing Prices and Selling Prices are lower in 2008.

Sold Stats for 2008-2007

Chart 4 – Number of Homes Sold (Closed) by Month tracked for 2008 and 2007.

Number of Home Sales by Month for 2008-2007

Chart 5-2008 Market Data for Dix Hills, Melville, Half Hollow Hills School District #5 – Real Estate Listing Prices compared to Selling Prices  at time of sale.  What was the percent difference between the Median Listing Prices of Homes Closed (Sold) and Median Selling Prices of Sold (Closed) Homes.

Chart 6 – Dix Hills, Melville, SD#5 – Comparison of 2008 Quarterly Stats of Sold Homes and the Median Original Listing Price, the Listing Price at Time of Contract and the Median Selling Price at Closing.

2008 Quarterly Stats

Summary:  Prices have come down, but some of the price change is due to the active sales in the more moderate price ranges.  Sales Numbers are almost the same. Cheryl Grossman’s 2008 Housing Market Report in a .pdf format.  Data for this report is from the LI Multiple Listing Service.  If you have any questions, please contact me at cheryl@liagent.com.

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