The Dix Hills, Melville, Half Hollow Hills School District, Housing Market Report for June 1 to 14. 2009 indicates an increase in the numbers of homes for sale in Dix Hills and a reduced number of sales in comparison with the previous bi-weekly report.  The numbers for Melville remain about the same.  The median listing prices for both Dix Hills and Melville fairly constant – which is a good sign that the increase in the numbers of new listings has not pushed the median listing prices up.  Sometimes when homes are introduced to the market there is a tendency to list a little higher than the market price. 

The market is fairly active at this time - which should result in more houses entering into contract.  Buyers may be looking at the recent increase in interest rates and not want to “miss-out” on an affordable mortgage.  The sellers of all those homes being sold to 1st-time homebuyers are now shopping for homes.  We saw an indication of that in the previous report – with the increase in contracts in the $600,000 to $700,000 price range.   The Dix Hills, Melville, SD#5, Housing Market Report, Jun 1-14 is available in a .pdf format. 

For more information contact me at Cheryl@LIagent.com.  To search for homes go to my website.

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