Highlights Of The Quarterly Survey Of Residential Sales - 2Q 2015 Long Island Sales

Report Summary

Long Island housing inventory has been slipping since the beginning of the year, while sales and prices continued to rise across most of the market. More sales and less inventory made the market move faster than last year, keeping it tight.

Related - Selling Your Home? The Importance of Using a Real Estate Agent

About Our Reports

Produced in conjunction with Miller Samuel, a leading independent appraisal firm, our market report series is the benchmark for residential real estate market information and an essential reference source for consumers, the media, financial institutions, government agencies, researchers and other market professionals. Each report provides an analysis of price and sales trends as well as many other metrics to give readers an idea of current conditions as well as historical and emerging market trends.

CLICK HERE => Full ELLIMAN REPORT for the 2Q 2015 Long Island Sales 

If you found this information useful, feel free to share this post
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HAVE A REAL ESTATE QUESTION?
FILL OUT THE FORM ON THE RIGHT,
AND I WILL GET BACK TO YOU IMMEDIATELY.

DANIEL PENA

Licensed Real Estate Agent Salesperson

Douglas Elliman Real Estate

516.327.6432 Direct

516.967.2554 Cell

390 Franklin Ave. Franklin Square, NY 11010

Servicing Queens and Long Island

Email: Daniel.Pena@elliman.com

Highlights Of The Quarterly Survey Of Queens Residential Sales - 1Q 2015

Report Summary

Since last fall, Queens housing prices have continued to rise. Attributing factors include low inventory, an improving economy and buyers from other markets like Brooklyn and Manhattan seeking out greater affordability. Sales slipped largely from the lack of inventory. With an improving economy, we expect continued price pressure in the coming quarters.

About Our Reports

Produced in conjunction with Miller Samuel, a leading independent appraisal firm, our market report series is the benchmark for residential real estate market information and an essential reference source for consumers, the media, financial institutions, government agencies, researchers and other market professionals. Each report provides an analysis of price and sales trends as well as many other metrics to give readers an idea of current conditions as well as historical and emerging market trends.

CLICK HERE => Full ELLIMAN REPORT for the 1Q 2015 Queens Sales 

If you found this information useful, feel free to share this post
with your friends on social media.

HAVE A REAL ESTATE QUESTION?
FILL OUT THE FORM ON THE RIGHT,
AND I WILL GET BACK TO YOU IMMEDIATELY.

DANIEL PENA

Licensed Real Estate Agent Salesperson

Douglas Elliman Real Estate

516.327.6432 Direct

516.967.2554 Cell

390 Franklin Ave. Franklin Square, NY 11010

Servicing Queens and Long Island

Email: Daniel.Pena@elliman.com

Highlights Of The Quarterly Survey Of Residential Sales - 1Q 2015 Long Island Sales

Report Summary

Long Island housing inventory remained low as sales increased. The faster pace of the market made housing prices rise across much of the region. Luxury housing prices increased at a faster rate than the overall market. Without significant new supply entering the market, these trends are expected to continue through the coming quarters.

About Our Reports

Produced in conjunction with Miller Samuel, a leading independent appraisal firm, our market report series is the benchmark for residential real estate market information and an essential reference source for consumers, the media, financial institutions, government agencies, researchers and other market professionals. Each report provides an analysis of price and sales trends as well as many other metrics to give readers an idea of current conditions as well as historical and emerging market trends.

CLICK HERE => Full ELLIMAN REPORT for the 1Q 2015 Long Island Sales 

If you found this information useful, feel free to share this post
with your friends on social media.

HAVE A REAL ESTATE QUESTION?
FILL OUT THE FORM ON THE RIGHT, I WILL GET TO YOU IMMEDIATELY.

DANIEL PENA

Licensed Real Estate Agent Salesperson

Douglas Elliman Real Estate

516.327.6432 Direct

516.967.2554 Cell

Email: Daniel.Pena@elliman.com