Oceanside NY 11572 3Q Closed Real Estate Statistics

Oceanside NY 11572 3Q Closed Real Estate Statistics

Field

Count

Mean
(Average)

Median

Mode

Low

High

Listing Price 67 $505,340 $484,999 $399,000 $299,999 $999,000
Original Price 67 $527,903 $499,000 $499,000 $299,000 $999,000
Sold Price 67 $471,716 $460,000 $535,000 $270,000 $935,000
% Difference 67 6.47 6.3 6.5 -0.2 20.9
Taxes 66 $9,419 $8,964 $8,144 $6,111 15286.91
Bedrooms 67 3.5 4 4 2 6
Baths 67 2.1 2 2 1 4.5
Days On Market 67 116 103 43 15 351

(Calculations are done excluding zero-values except for %Difference)

Counts

Field

Value

Count

Town Oceanside

67

Zip 11572

67

Zone 6

67

County N

67

Last Status Change CL

67

Style Antique/Hist

1

Bungalow

2

Cape

11

Colonial

17

Exp Cape

3

Exp Ranch

1

Farm Ranch

1

Hi Ranch

10

Raised Ranch

1

Ranch

10

Splanch

3

Split

7

Stats are just stats. They don’t tell the truth & they
don’t tell lies. Some observations though— Volume (the # of houses
sold) was way up over the 2Q. Average and mean selling price also
up—compred to the 2ndQ 2008. What does that tell us? That selling
prices are going up? No they are not. It tells us that Oceanside Real
Estate Sellers have been humbled, have reduced their prices, and sold
their houses at what the market will bear. Houses that did not sell for
$650,000 were reduced in price to the low $500K and finally sold, after
2-3 years on the market chasing prices.

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