Long Island New York | Sold At 55 And Over Communities July 2011 | Nassau And Suffolk County Long Island
We are providing statistics for the 55 and over active adult residences sold in Nassau and Suffolk County Long Island during the month of July 2011, according to public records of the multiple listing service.
There were a total of 29 units sold in July ranging in price from $83,000 for a 1 bedroom 1 bath condo at Leisure Village in Ridge Long Island, to $1,095,000 for a 3 bedroom 2.5 bath villa at The Greens in Melville. These sales reflect those Nassau and Suffolk County 55 and over residences that were listed on multiple listing service and do not include for sale by owner, non-member or non-published sales.
SOLD -LOW = $ 83,000 (Sold at Leisure Village, Ridge NY)
HIGH 1,095,000 (Sold at The Greens, Melville NY)
AVERAGE PRICE SOLD – $313,000
AVERAGE DAYS ON MARKET 193 DAYS
Total Sales: 29
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Compare to June 2010:
Average Price Sold – $375,000
Average Days on Market 128 Days
Total Sales: 35
According to these stats, during the same time period for the previous year, sales at 55 and over active adult communities that sold in Nassau and Suffolk County Long Island were on the market a shorter amount of time, there were 6 more sales, and the average selling price was $62,000 lower. Keep in mind, that the styles of the units, the number of bedrooms and baths, the community amenities, the location and the updates of the units may not be equal or the same.
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Compiled from multiple listing service
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