Tuesday, January 14, 2020

The Plainview, N.Y. Market Report 2019 Year In Review

The Plainview, N.Y. Market Report 2019 Year In Review
Happy 2020!!! Lets' check the data and see how the Plainview, NY Real Estate Market did compared to all of Nassau County. I compared the median home sale price for single family properties in Plainview and compared that data to all of Nassau County. If you would like to get a market report for your town leave a comment below. **Data from MLSLI***


Transcript of video

Plainview New York market review for 2019 that's the topic for my next video
Happy 2020 this is the Plainview market report for 2019 on the chart you can see
we have January to December of 2017 January December 2018 and 2019 you could
see on the bar graph the numbers have been going up progressively which is
always good news 2019 being in the red started at and 553,750
And ending in six hundred and twenty K if you want to go month-to-month prior year
December 2019 was six hundred and twenty thousand and the prior year was six
eleven five that's a one point four percent increase increase from the prior
year and then we have down here in January 615 k2 552 five that's an
increase from year to year from the 18 January 2018 to January 2019 those are
some significant gains in February we see 551 all the way to 615 on the chart
down here you could see the upward trend with a slight dip back in November these
are all expected November being during the holiday time closings can be reduced
thus the median price can go down this is great news for the town of plenty
view which shows the market is on fire it is definitely excuse me still a
seller's market so if you're considering buying or selling this is a great time
and the interest rates are also historically low
okay now let's compare the Plainview data to the county Nassau County for the last
three years starting 2017 to 2019 we can definitely see remember these are single
family residents only not including condos and we can see an upward trend
from the twenty seventeen eighteen and nineteen five ten thirty eight and
five fifty respectively those numbers ago went up always a good thing to see
and as we start on the right here you can go the previous year we have
December 2019 five hundred and fifty K the prior was 538 that's an increase by
two point 2.2% and the largest increase seems to be
in January of 2019 from 5:50 in the prior year to 540 K that's a four point
nine percent increase and the chart here has an upward trend as well January 2018
515 K to 545 K remember these are single-family median prices of homes
that have sold for the last three years so we look like the market is going in
an upward trend in it is good to say okay so in closing we can see that both
Nassau County and Plainview have definitely been in an upward market
trend from median sales for the last three years and that's always good news
if you have a specific town or listing that you would like to find out the
market value of definitely leave a comment in the comment section below
thanks for watching