Merrick, NY
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

24

SINGLE FAMILY HOMES

Condos

0

CONDOS

Townhouses

0

TOWNHOUSES

MEANWHILE...

14

HOMES LISTED

HOW MUCH DID BUYERS PAY

Sold Prices for November

ASKING
PRICE
ABOVE ASKING
AT ASKING

HOW MUCH HOMES LISTED FOR?

Median List Prices

$600k
$560k$589k$619kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
0Homes
1-3
MONTHS
0Homes
OVER
3 MONTHS
24Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

165
DAYS
17%
96118141163185NovOctSepAugJulJun

And finally...What's the hottest street in

Merrick

frankel blvd

For November 2016, Merrick, NY has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Merrick, NY was 141 and 24 homes were sold.