Per the Multiple Listing Service of Long Island, there are 16 homes sold in Brookville, NY in 2008 compared to 24 homes sold in Brookville, NY in 2007. Out of the 16 houses sold in Brookville, NY in 2008, 2 went for full price, 2 went over the asking price. A ranch went over $2,000 over the asking price while a colonial went over $125,000 over the asking price. The average sale price for Brookville homes sold in 2008 is $1,904, 844. Average sale price of homes sold in Brookville, NY in 2008 was 7% below the asking price.
In 2007 however, out of 24 homes sold in Brookville, NY, 2 houses went for full price, one went for $5,000 above the asking price of $1,595,000 for a farm ranch. The average sale price for Brookville homes sold in 2007 is $2,274,583. Average sale price of homes sold in Brookville, NY in 2007 was 8 % below the asking price.
Prices of homes sold in Brookville, NY in 2008 ranged from $1,150,000 to $3,600,000. In 2007 prices of homes sold ranged from $1,250,000 to $3,500,000. There is no home sold in Brookville during the month of January 2009. In 2008, only two homes sold in January and in 2007, four homes sold in January, a drop of 50% from prior year. There are 24 homes on the market as of this writing and based on sales in 2008 we have an inventory good for a year and a half if no other homes come into the market which is unlikely.
You will get a better picture of the above analysis by looking at the chart below:
| 2008 | 2007 | ||
| # of Units Sold | 16 | 24 | |
| Total Volume of Properties Sold | $ 30,477,500.00 | $ 54,590,000.00 | |
| Average Selling Price | $ 1,904,844.00 | $ 2,274,583.00 | |
| Total Listing Price of Properties Sold | $ 32,935,000.00 | $ 59,575,000.00 | |
| Average Listing Price | $ 2,058,438.00 | $ 2,482,292.00 | |
| Ratio of Selling Price to Listing Price | 93% | 92% | |
| Difference in Sales Volume: | Amount | ||
| 2007 | $ 54,590,000.00 | ||
| 2008 | $ 30,477,500.00 | ||
| Difference in Sales Volume | $ 24,112,500.00 | ||
| % Drop in Sales Volume | 44% | ||
| Difference in Units Sold | |||
| 2007 | 24 | ||
| 2008 | 16 | ||
| Difference in Units Sold | 8 | ||
| % Drop in Units Sold | 33% | ||
| Differnce in Average Selling Price | |||
| 2007 | $ 2,274,583.00 | ||
| 2008 | $ 1,904,844.00 | ||
| Difference in Average Selling Price | $ 369,739.00 | ||
| % Drop in Average Selling Price | 16% | ||
Copyright © 2009. By Rosalinda Morgan, "The Rose Lady". All rights reserved.. *BROOKVILLE, NY HOME SALES STATISTICS - FEB. 3, 2009*
If you are interested in selling or buying a home in Brookville, Muttontown, Oyster Bay, East Norwich, Oyster Bay Cove, Syosset, Laurel Hollow, Bayville, Centre Island and Mill Neck, please contact Rosalinda Morgan, "The Rose Lady".
Ph - 516-385-0584
Email - linda@rosalindamorgan.com
Website - www.rosalindamorgan.com
