Lindenhurst NY Sold Properties - Median Sold Prices 2009-March 2011
In 2009, the Lindenhurst NY real estate market kept going down. In 2010, we saw more stabilization. 2011 is not off to a bad start either. Please remember that Median means: 50% of homes sold for less and 50% sold for more. This gives you the best idea of how the Lindenhurst NY real estate market is doing.
# of Sold Homes 2009 - 254
# of Sold Homes 2010 - 249
# of Sold Homes 2011 - 53
For the most part, there is almost the same amount of buyers year after year. 2011 is most likely going to be the same way.

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***All data is provided to me by the Multiple Listing Service of Long Island***
February 2011 Median Sold Price - $315,000
8 homes sold in February 2011. Sold prices range from $173,000 to $400,000 with Average Days on the Market: 100. Not too shabby! The List To Sold Price Ratio: 4.9%
6 of the 8 homes are in the Lindenhurst School District and the other 2 are in the Copiague School District. There were 2 short sales and 1 REO property.
There are 67 short sale homes currently on the market in Lindenhurst NY. Since there are 247 homes on the market in Lindenhurst NY, over 30% of them are short sales. We will see how the short sale market progresses during 2011.

2009 Median Sold Price - $310,000
270 homes sold in Lindenhurst NY in 2009. Sold prices range from $152,000 to $675,000. 23 of those homes were short sales. There were also 9 REO properties.
2010 Median Sold Price - $302,000
250 homes sold in Lindenhurst NY in 2010. Sold prices range from $120,000 to $610,000. 30 of those homes were short sales. There were also 14 REO properties.

**All data is provided by the Mulitple Listing Service of Long Island**
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