The market continues to be a battle ground for buyers right now with many homes under the average sales price selling in multiple offers. While Great Neck has a 6 month supply of inventory, New Hyde Park has 2.3 months, East Meadow has 1.5 months – historically LOW!
The market continues to be a battle ground for buyers right now with many homes under the average sales price selling in multiple offers. While Great Neck has a 6 month supply of inventory, New Hyde Park has 2.3 months, East Meadow has 1.5 months – historically LOW!
Interest rates continue to be historically low as well, making a perfect storm of a seller’s market. If you plan on selling this year, this is the time to list, especially if you are building or have a place to live until you can find your next home. Rachel Doppelt at La Rosa Realty New York can be reached at 646.780.9190
