Real Estate Market Update for Hampton Bays, NY

Video: Real Estate Community Tour for Hampton Bays, NY

See Real estate community tour for Hampton Bays, NY
Welcome to November's Market Update. Lets take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 15% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just over 660-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 29%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 540-thousand dollars. The number of units sold was consistent year-over-year, and decreased 20% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Hampton Bays, NY
School Data for Hampton Bays, NY

School Name Distance Type Grades School Rating Parent Rating
Hampton Bays Middle School 1.1 mi Public 5-8 3 0
Hampton Bays Elementary School 1.2 mi Public K-4 1 0
Hampton Bays Secondary School 1.5 mi Public 9-12 3 2
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
Local Weather for Hampton Bays, NY
    Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.