Holtsville, NY January 2013

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MARKET ACTION REPORT  January 2013 City: Holtsville Phillip King Sales Associate Office: (631) 588-9090 Ext. 108 Cell: (516) 241-6264 [email protected] Price Range: $0 to $999,999,000 | Properties: Single Family Home  Based on information from Multiple Listing Service of Long Island for the period 2/1/2010 through 1/31/2013. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Reside ntial Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.  Trending Versus*:  Trending Versus*: Market Profile & Trends Overview Month LM L3M PYM LY YTD PriorYTD PriorYear Median List Price of all Current Listings $324,990 8% -8%  Average List Price of all Current Listi ngs $352,492 3% -7% January Median Sales Price $321,000 4% 13% -10% -4% $321,000 -10% -4% January Average Sales Price $349,498 2% 11% -4% 4% $349,498 -4% 4% Total Properties Currently for Sale (Inventory) 47 4% -29% January Number of Properties Sold 6 50% 0% 6 0% January Average Days on Market (Solds) 280 186% 83% 103% 97% 280 103% 97% January Month's Supply of Inventory 7.8 -30% -30% -29% -47% 7.8 -29% -47% January Sale Price vs List Price Ratio 93.9% -2.5% -3% 0% -2.0% 94.9% -0.2% -1.0%  * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date Property Sales  January Property sales were 6, equal to 6 in Janua ry of 2012 and 50.0% higher than the 4 sales last month. January 2013 sales were at a mid level compared to January of 2012 and 2011. January YTD sales of 6 are running equal to last year's year-to-date sa les of 6. Prices  The Median Sales Price in January was $321,000, down -10.2% from $357,500 in January of 2012 and up 3.7% from $309,433 last month. The Average Sales Price in January was $349,498, down -4.4% from $365,583 in January of 2012 and up 2.4% from $341,341 last month. January 2013 ASP was at the lowest level compared to January of 2012 and 2011.

Transcript of Holtsville, NY January 2013

Page 1: Holtsville, NY January 2013

 

MARKET ACTION REPORT 

January 2013

City: HoltsvillePhillip KingSales AssociateOffice: (631) 588-9090 Ext. 108Cell: (516) [email protected]

Price Range: $0 to $999,999,000 | Properties: Single Family Home

  Based on information from Multiple Listing Service of Long Island for the period 2/1/2010 through 1/31/2013. Due to MLS reporting methods and allowable reportingpolicy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy.Data maintained by the MLS's may not reflect all real estate activity in the market.

 

Trending Versus*:   Trending Versus*:

Market Profile & Trends Overview  Month LM L3M PYM LY YTD PriorYTD PriorYear

 

Median List Price of all Current Listings $324,990 8% -8%

 

 Average List Price of all Current Listings $352,492 3% -7%

 

January Median Sales Price $321,000 4% 13% -10% -4% $321,000 -10% -4%

 

January Average Sales Price $349,498 2% 11% -4% 4% $349,498 -4% 4%

 

Total Properties Currently for Sale (Inventory) 47 4% -29%

 

January Number of Properties Sold 6 50% 0% 6 0%

 

January Average Days on Market (Solds) 280 186% 83% 103% 97% 280 103% 97%

 

January Month's Supply of Inventory 7.8 -30% -30% -29% -47% 7.8 -29% -47%

 

January Sale Price vs List Price Ratio 93.9% -2.5% -3% 0% -2.0% 94.9% -0.2% -1.0%

 

 

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date

Property Sales January Property sales were 6, equal to 6 in January of 2012 and 50.0% higher than the 4 sales last month. January 2013 sales were at a midlevel compared to January of 2012 and 2011. January YTD sales of 6 are running equal to last year's year-to-date sales of 6.

Prices The Median Sales Price in January was $321,000, down -10.2% from $357,500 in January of 2012 and up 3.7% from $309,433 last month.The Average Sales Price in January was $349,498, down -4.4% from $365,583 in January of 2012 and up 2.4% from $341,341 last month.January 2013 ASP was at the lowest level compared to January of 2012 and 2011.

Page 2: Holtsville, NY January 2013

 

MARKET ACTION REPORT 

January 2013

City: HoltsvillePhillip KingSales AssociateOffice: (631) 588-9090 Ext. 108Cell: (516) [email protected]

Price Range: $0 to $999,999,000 | Properties: Single Family Home

  Based on information from Multiple Listing Service of Long Island for the period 2/1/2010 through 1/31/2013. Due to MLS reporting methods and allowable reportingpolicy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy.Data maintained by the MLS's may not reflect all real estate activity in the market.

 

Inventory & MSI The Total Inventory of Properties available for sale as of January was 47, up 4.4% from 45 last month and down -28.8% from 66 in January of last year. January 2013 Inventory was at the lowest level compared to January of 2012 and 2011. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The January 2013 MSI of 7.8 months was atits lowest level compared with January of 2012 and 2011.

Market Time The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOMtends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM forJanuary was 280, up 185.7% from 98 days last month and up 102.9% from 138 days in January of last year. The January 2013 DOM was at itshighest level compared with January of 2012 and 2011.

Selling Price vs Listing Price The Selling Price vs Listing Price reveals the average amount that Sellers are agreeing to come down from their list price. The lower the ratiois below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The January 2013 SellingPrice vs List Price of 93.9% was down from 96.3% last month and down from 94.2% in January of last year.

Page 3: Holtsville, NY January 2013

 

MARKET ACTION REPORT 

January 2013

City: HoltsvillePhillip KingSales AssociateOffice: (631) 588-9090 Ext. 108Cell: (516) [email protected]

Price Range: $0 to $999,999,000 | Properties: Single Family Home

  Based on information from Multiple Listing Service of Long Island for the period 2/1/2010 through 1/31/2013. Due to MLS reporting methods and allowable reportingpolicy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy.Data maintained by the MLS's may not reflect all real estate activity in the market.

 

Inventory / New Listings / Sales 'This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basicannual seasonality of the market as well as the relationship between these items. The number of New Listings in January 2013 was 11, up120.0% from 5 last month and equal to 11 in January of last year.

Page 4: Holtsville, NY January 2013