New York, NY* – Housing Update for March 2010

		Year to Year Comparison
County	Month	Mar-2009	Mar-2010	% Change
Bronx	Sold Homes	15	23	53%
	Sold Price Per Home	$ 363,842	$ 374,842	3%
Kings	Sold Homes	18	21	17%
	Sold Price Per Home	$ 510,300	$ 399,482	-22%
Nassau	Sold Homes	501	632	26%
	Sold Price Per Home	477,687	486,395	2%
Queens	Sold Homes	451	518	15%
	Sold Price Per Home	$ 377,862	$ 389,022	3%
Suffolk	Sold Homes	593	701	18%
	Sold Price Per Home	$ 355,752	$ 355,797	0%
Westchester	Sold Homes	203	333	64%
	Sold Price Per Home	$ 586,328	$ 703,058	20%
		Month to Month Comparison
County	Month	Feb-2010	Mar-2010	% Change
Bronx	Sold Homes	18	23	28%
	Sold Price Per Home	$ 314,583	$ 374,842	19%
Kings	Sold Homes	23	21	-9%
	Sold Price Per Home	$ 360,530	$ 399,482	11%
Nassau	Sold Homes	525	632	20%
	Sold Price Per Home	547,557	486,395	-11%
Queens	Sold Homes	403	518	29%
	Sold Price Per Home	$ 388,078	$ 389,022	0%
Suffolk	Sold Homes	555	701	26%
	Sold Price Per Home	$ 382,161	$ 355,797	-7%
Westchester	Sold Homes	281	333	19%
	Sold Price Per Home	$ 715,775	$ 703,058	-2%

*New York boroughs served by ZipRealty.  Talk with a local New York Real Estate Agent. Search for homes and condos in New York. Read a neighborhood overview of Long Island and New York City Boroughs (excluding Staten Island). These numbers reflect single family (SFR) and condo homes only. All numbers are from the MLS and are deemed reliable but not guaranteed as of 4/28/10.

New York, NY* – Housing Market Update for February 2010

		Year to Year Comparison
County	Sold Info	Feb-2009	Feb-2010	Change %
Bronx	# of Homes	10	18	80%
	Average Sales Price	197,500	314,583	59%
Kings	# of Homes	43	23	-47%
	Average Sales Price	168,298	360,530	114%
Nassau	# of Homes	1,094	525	-52%
	Average Sales Price	190,729	547,557	187%
Queens	# of Homes	986	403	-59%
	Average Sales Price	151,296	388,078	157%
Suffolk	# of Homes	1,174	555	-53%
	Average Sales Price	145,972	382,161	162%
Westchester	# of Homes	177	281	59%
	Average Sales Price	611,629	715,775	17%
		Month to Month Comparison
County	Sold Info	Jan-2010	Feb-2010	Change %
Bronx	# of Homes	23	18	-22%
	Average Sales Price	313,439	314,583	0%
Kings	# of Homes	19	23	21%
	Average Sales Price	371,268	360,530	-3%
Nassau	# of Homes	645	525	-19%
	Average Sales Price	529,356	547,557	3%
Queens	# of Homes	487	403	-17%
	Average Sales Price	398,716	388,078	-3%
Suffolk	# of Homes	703	555	-21%
	Average Sales Price	367,018	382,161	4%
Westchester	# of Homes	314	281	-11%
	Average Sales Price	711,603	715,775	1%

 

*See website for details: http://www.ziprealty.com

Talk with a local New York Real Estate Agent. Search for homes and condos in New York. Read a neighborhood overview of Long Island and New York City Boroughs (excluding Staten Island). These numbers reflect single family (SFR) and condo homes only. All numbers are from the MLS and are deemed reliable but not guaranteed as of 3/17/10.

New Jersey Home Buyers Now to Receive a Rebate from ZipRealty

For home buyers in New Jersey, today is an exciting day.

New Jersey Governor Jon Corzine signed into law a bill sponsored by state Assemblyman Patrick J. Diegnan, Jr., Paul D. Moriarty and Joseph Vas  that allows New Jersey home buyers across the state to receive a cash rebate, once they close on their home, from real estate brokerages, including ZipRealty. With people being asked to cough up higher down payments and meet more stringent lending standards than ever to purchase a house these days, the ability to get a check after closing – or even cover those closing costs with a rebate from your real estate agent – is sure to be a boon for both cash-strapped buyers and the New Jersey housing market overall.

The process of getting this law passed, however, that didn’t happen overnight.

For the past three years, ZipRealty has worked closely with public officials in New Jersey to promote the importance of offering a rebate to buyers once they’ve purchased their home.  We’ve attended countless committee hearings, and I’ve personally testified to New Jersey real estate committees about the fact that offering a rebate to home buyers can help stimulate local housing markets, and offers buyers with more real estate brokerage choices.

The real estate industry, historically, has been about what’s best for the agent.  We recognized more than a decade ago when ZipRealty first launched that this old industry model was broken.  Our goal from day one has been to always put the home buyer first and to provide the most transparency possible online. 

ZipRealty was among the first brokerages nationally to include all homes posted to Multiple Listing Services on ZipRealty.com, and we continue to offer our clients the most in-depth housing data and comparable sales figures available - anywhere.  We were also the first national brokerage to offer our clients the ability to rate and review any listing in any market, and the first to post ratings and reviews for our 3,000-plus agents.

We believe that if our clients are using our innovative tools and online features to help search for homes and tour properties that are likely to be the best fit for them, we should share a portion of our commission.

Offering a rebate is something that we do in nearly all of the major markets we operate.  In fact, we’ve rebated more than $100 million since 1999 to our clients in 36 major U.S. housing markets across 22 states, including the District of Columbia.  

We’ve been actively working with buyers and sellers in Philadelphia for the past several years, and our agents in southern New Jersey work extensively with buyers and sellers in Camden and Gloucester counties.  These clients are offered the same transparency that we offer our clients elsewhere - but have not been able to provide a rebate to date.  That changes starting today.  And we couldn’t be more excited for each client.

Surprisingly, there are 10 other states nationally that continue to prohibit real estate rebates – including Oregon, both North and South Dakota and Alabama, which limits brokerages like ZipRealty from offering home buyers and sellers a fresh approach to real estate.  A lack of competition means that buyers may not be seeing all home listings and receive a poorer level of customer service. 

We plan to work with public officials in these states to reconsider their stance against real estate rebates, so that more buyers and sellers will hopefully one day have the same choices that those in New Jersey now do.

Today, we applaud the efforts of the three assemblymen (Patrick Diegnan, Jr., Paul Moriarty and Joseph Vas), who sponsored this bill and vigorously argued for its passage, the New Jersey state assembly for voting through this bill (34-0), and Governor Corzine for signing this bill into law. 

For those in New Jersey, we look forward to serving your real estate needs … and keep an eye out for a rebate check from ZipRealty once you’ve bought the home of your dreams. 

J. Patrick Lashinsky

President and CEO

New York – Westchester County Housing Update for August 2009

	Year to Year Comparison
Month	Aug-2008	Aug-2009	% Change
% Sold Price to Asking Price	97%	93%	-4%
Sold Homes	578	505	-13%
Listing Price Per Home	$ 865,371	$ 788,281	-9%
Sold Price Per Home	$ 836,155	$ 733,834	-12%
Sold Price Per Sq Ft	$ 349	$ 310	-11%
	Month to Month Comparison
Month	Jul-2009	Aug-2009	% Change
% Sold Price to Asking Price	94%	93%	-1%
Sold Homes	494	505	2%
Listing Price Per Home	$ 862,185	$ 788,281	-9%
Sold Price Per Home	$ 810,813	$ 733,834	-9%
Sold Price Per Sq Ft	$ 327	$ 310	-5%

Talk with a local New York Real Estate Agent. Search for homes and condos in New York. Read a neighborhood overview of Long Island and New York City Boroughs (excluding Staten Island). These numbers reflect single family (SFR) and condo homes only. All numbers are from the MLS and are deemed reliable but not guaranteed as of 9/10/09.

Related articles by Zemanta

• New York, NY - Westchester County Housing Update for May 2009 (ziprealty.typepad.com)

New York – Suffolk County Housing Update for August 2009

	Year to Year Comparison
Month	Aug-2008	Aug-2009	% Change
% Sold Price to Asking Price	94%	95%	1%
Sold Homes	976	990	1%
Listing Price Per Home	$ 451,162	$ 419,952	-7%
Sold Price Per Home	$ 424,841	$ 399,059	-6%
Sold Price Per Sq Ft	$ 226	$ 199	-12%
	Month to Month Comparison
Month	Jul-2009	Aug-2009	% Change
% Sold Price to Asking Price	94%	95%	1%
Sold Homes	993	990	0%
Listing Price Per Home	$ 442,695	$ 419,952	-5%
Sold Price Per Home	$ 415,026	$ 399,059	-4%
Sold Price Per Sq Ft	$ 215	$ 199	-8%

Talk with a local New York Real Estate Agent. Search for homes and condos in New York. Read a neighborhood overview of Long Island and New York City Boroughs (excluding Staten Island). These numbers reflect single family (SFR) and condo homes only. All numbers are from the MLS and are deemed reliable but not guaranteed as of 9/10/09.

Related articles by Zemanta

• New York, NY - Suffolk County Housing Update for May 2009 (ziprealty.typepad.com)
• New York, NY - Suffolk County Housing Sales Summary for April 2009 (ziprealty.typepad.com)

New York – Queens County Housing Update for August 2009

	Year to Year Comparison
Month	Aug-2008	Aug-2009	% Change
% Sold Price to Asking Price	93%	96%	4%
Sold Homes	676	598	-12%
Listing Price Per Home	$ 483,495	$ 438,894	-9%
Sold Price Per Home	$ 449,625	$ 422,530	-6%
Sold Price Per Sq Ft	$ 273	$ 274	0%
	Month to Month Comparison
Month	Jul-2009	Aug-2009	% Change
% Sold Price to Asking Price	93%	96%	4%
Sold Homes	596	598	0%
Listing Price Per Home	$ 420,162	$ 438,894	4%
Sold Price Per Home	$ 390,792	$ 422,530	8%
Sold Price Per Sq Ft	$ 262	$ 274	5%

Talk with a local New York Real Estate Agent. Search for homes and condos in New York. Read a neighborhood overview of Long Island and New York City Boroughs (excluding Staten Island). These numbers reflect single family (SFR) and condo homes only. All numbers are from the MLS and are deemed reliable but not guaranteed as of 9/10/09.

Related articles by Zemanta

• New York, NY - Queens County Housing Update for May 2009 (ziprealty.typepad.com)
• New York, NY - Queens County Housing Sales Recap for April 2009 (ziprealty.typepad.com)

New York – Nassau County Housing Market Update for August 2009

	Year to Year Comparison
Month	Aug-2008	Aug-2009	% Change
% Sold Price to Asking Price	93%	92%	-1%
Sold Homes	954	893	-6%
Listing Price Per Home	$ 672,968	$ 556,308	-17%
Sold Price Per Home	$ 627,153	$ 514,397	-18%
Sold Price Per Sq Ft	$ 352	$ 188	-47%
	Month to Month Comparison
Month	Jul-2009	Aug-2009	% Change
% Sold Price to Asking Price	93%	92%	0%
Sold Homes	907	893	-2%
Listing Price Per Home	$ 543,685	$ 556,308	2%
Sold Price Per Home	$ 505,122	$ 514,397	2%
Sold Price Per Sq Ft	$ 260	$ 188	-28%

Talk with a local New York Real Estate Agent. Search for homes and condos in New York. Read a neighborhood overview of Long Island and New York City Boroughs (excluding Staten Island). These numbers reflect single family (SFR) and condo homes only. All numbers are from the MLS and are deemed reliable but not guaranteed as of 9/10/09.

Related articles by Zemanta

• New York, NY - Nassau County Housing Update for May 2009 (ziprealty.typepad.com)
• New York, NY - Nassau County Housing Sales Recap for April 2009 (ziprealty.typepad.com)

New York, NY – Westchester County Housing Update for May 2009

	Year to Year Comparison
Month	May-2008	May-2009	% Change
% Sold Price to Asking Price	95%	93%	-3%
Sold Homes	394	269	-32%
Listing Price Per Home	$ 847,997	$ 749,583	-12%
Sold Price Per Home	$ 809,447	$ 696,193	-14%
Sold Price Per Sq Ft	$ 355	$ 317	-11%
	Month to Month Comparison
Month	Apr-2009	May-2009	% Change
% Sold Price to Asking Price	93%	93%	0%
Sold Homes	222	269	21%
Listing Price Per Home	$ 697,759	$ 749,583	7%
Sold Price Per Home	$ 648,548	$ 696,193	7%
Sold Price Per Sq Ft	$ 293	$ 317	8%

Talk with a local New York Real Estate Agent. Search for homes and condos in New York. Read a neighborhood overview of Long Island and New York City Boroughs (excluding Staten Island). All numbers are from the MLS and are deemed reliable but not guaranteed as of 6/24/09.

New York, NY – Suffolk County Housing Update for May 2009

	Year to Year Comparison
Month	May-2008	May-2009	% Change
% Sold Price to Asking Price	94%	93%	-1%
Sold Homes	821	651	-21%
Listing Price Per Home	$ 472,955	$ 424,772	-10%
Sold Price Per Home	$ 443,450	$ 393,696	-11%
Sold Price Per Sq Ft	$ 263	$ 246	-7%
	Month to Month Comparison
Month	Apr-2009	May-2009	% Change
% Sold Price to Asking Price	94%	93%	-2%
Sold Homes	539	651	21%
Listing Price Per Home	$ 399,353	$ 424,772	6%
Sold Price Per Home	$ 375,840	$ 393,696	5%
Sold Price Per Sq Ft	$ 207	$ 246	19%

Talk with a local New York Real Estate Agent. Search for homes and condos in New York. Read a neighborhood overview of Long Island and New York City Boroughs (excluding Staten Island). All numbers are from the MLS and are deemed reliable but not guaranteed as of 6/24/09.

Related articles by Zemanta

• New York, NY - Suffolk County Housing Sales for February 2009 (ziprealty.typepad.com)
• New York, NY - Suffolk County Housing Sales Summary for April 2009 (ziprealty.typepad.com)

New York, NY – Queens County Housing Update for May 2009

	Year to Year Comparison
Month	May-2008	May-2009	% Change
% Sold Price to Asking Price	95%	93%	-1%
Sold Homes	597	392	-34%
Listing Price Per Home	$ 468,204	$ 435,167	-7%
Sold Price Per Home	$ 442,970	$ 406,398	-8%
Sold Price Per Sq Ft	$ 310	$ 238	-23%
	Month to Month Comparison
Month	Apr-2009	May-2009	% Change
% Sold Price to Asking Price	93%	93%	1%
Sold Homes	377	392	4%
Listing Price Per Home	$ 401,655	$ 435,167	8%
Sold Price Per Home	$ 372,004	$ 406,398	9%
Sold Price Per Sq Ft	$ 246	$ 238	-3%

Talk with a local New York Real Estate Agent. Search for homes and condos in New York. Read a neighborhood overview of Long Island and New York City Boroughs (excluding Staten Island). All numbers are from the MLS and are deemed reliable but not guaranteed as of 6/24/09.

Related articles by Zemanta

• New York, NY - Queens County Housing Sales Summary for February 2009 (ziprealty.typepad.com)
• New York, NY - Queens County Housing Sales Recap for April 2009 (ziprealty.typepad.com)