Real Estate in Garden City, West Hempstead, Floral Park, Malverne, Garden City South, Stewart Manor, Mineola December 2016

Peter Owen
Licensed Real Estate Salesperson
Better Homes & Gardens Atlantic Shores.
55 Hilton Ave, Garden City, NY 11530.
December, 2016.

Hi Everyone,
The Fall Market has been a good active market. Amazing thing is that the supply of houses has dropped dramatically. The buyers are still swarming but not many sellers have come on the market. Garden City is down to 63 houses on the market as of Thanksgiving when a normal number is roughly 110. Malverne has 28 houses, West Hempstead has 53, and Mineola has 27. While supply normally drops during the holidays, it usually does not drop this far. This tells me many of the homes coming coming on the market have been Baby Boomer Sellers moving elsewhere, in no need to sell, and do not want to disrupt their holidays. It also tells me there will be a ton of new listings come late January.
Lastly, the low supply means it it a fabulous time to list your home if you are able to cope with buyers walking thru your house this time of year. The prices should definitely rise until early January and then fall back as new listings hit the market. Also, houses show quite well with all the Christmas Decorations.
Enjoy your holday season.
Peter Owen

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Local Stats:

Garden City
Malverne  Floral Park
 Stewart Manor
 West Hempstead
 Garden City South

Peter Owen.
Licensed Real Estate Salesperson.
Better Homes and Gardens Real Estate Atlantic Shores.
55 Hilton Avenue, Suite 100.
Garden City, NY 11530.
Office: (516)444-3939.Cell: (516)317-2860.
Fax: (516)444-3940.
Best, top, most trusted and dedicated agent covering Garden City, Stewart Manor, Floral Park, Malverne, Lynbrook, Roslyn Estates, and Roslyn Heights displaying a high degree of integrity, service 24/7, professional attitude and actions.


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