Babylon NY Short Sales Real Estate Market Report For 1st Quarter 2010

Babylon NY Short Sales Real Estate Market Report For 1st Quarter 2010

Short Sale Homes Available: 12
Average Listing Price: $440,000
Average Taxes: $11,167

Under Contract: 11
Average Listing Price: 455,625
Average Property Taxes: $9,485
Average Days On The Market: 118

Short Sale Homes That Closed: 25
Average Listing Price: $471,943
Average Closed Price: $452,998
% Difference: 4.05
Average Property Taxes: $9,365
Average Days On The Market: 99

With the new short sale federal program, it will take many months until we know if banks are moving faster with approving short sales.

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Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com