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Archive for March, 2009

North Fork, East End of Long Island Retirement/Vacation Condos for Sale

March 6th, 2009 category: Downtown Riverhead, Over 55 / Active Adult, Real Estate NewsNo Comments »

When a foot of snow is the sight present at my front door, it occurs to me that owning a property absent certain time consuming tasks might be a great idea. While I have a few more years to go before the leap to a 55 and better, retirement, or active adult community occurs, I’m looking very forward to it.

Absent the element of “retirement”, there are any number of choices for those seeking a low maintenance family condo on the North fork. Below, please find an overview of available condos. All info is obtained from MLSLI, subject to error. *CS indicates common charges. Common charges and taxes are estimates.

In Aquebogue, NY:

SILVER VILLAGE

Price range available: $379.900. CS: $236 Taxes: $6774

In Baiting Hollow, NY:

THE KNOLLS

Price range available: $299k-$479K CS: $257-$335 Taxes: $4757-$4811

THE BLUFFS

Price range available: $364,500-$468,888 CS: $326 Taxes: $5603-$5581

In Calverton, NY

CALVERTON HILLS

Price range available: $137,990-$204,900 CS: $275 Taxes: $2094.

FOXWOOD VILLAGE

Price ranges available: $169,900-$360,000 CS: $410-$468 Taxes: $3229-$6097

WINDCREST EAST

Price ranges available: $545,000-$589,900 CS: $272-$300 Taxes: $4947-$5780

In East Marion, NY

CLEAVES POINT

Price ranges available: $849,000 CS: $575 Taxes: $3069

In Greenport, NY

DRIFTWOOD COVE

Price ranges available: $179k-$180k CS:$303 Taxes:$-

PHEASANT RUN

Price ranges available: $439k CS:$375 Taxes:$3214

STERLING COVE

Price ranges available: $765k CS:$484 Taxes:$2306

In Jamesport, NY

MAIDSTONE LANDING

Price ranges available: $649k-$1.275m CS:$455-$535 Taxes:$6000-$7500

In Riverhead, NY

WILLOW PONDS

Price ranges available:$269k-$479k CS:$273-$291 Taxes:$4129-$5032

MILL POND COMMONS

Price ranges available:$282k-$307 CS:$187-$210 Taxes:$2454-$2574

SADDLE LAKES

Price ranges available:$369k-$379k CS:$288 Taxes:$3760-$3834

STONELEIGH WOODS

Price ranges available:$365k-375k CS:$263 Taxes:$4250-$4550

SUNKEN PONDS

Price ranges available:$375k-$419k CS:$300. Taxes:$3731-$6282

THE HIGHLANDS

Price ranges available:$574,900 CS:$394. Taxes:$10,112

Southold, NY

COLONIAL VILLAGE

Price ranges available:$172,200-$277,650 CS:$355-$390 Taxes:$150-$170

FOUNDERS VILLAGE

Price ranges available:$349k-$359k CS:$240 Taxes:$2570

To view MLSLI listings on all properties mentioned, just click here, and enter “condo/co-op” and your town of interest.

To search available condos or homes for sale on the North Fork / East End Long Island or condos on the North Fork of Long Island, click “north fork homes”, enter your area of interest and any parameters, and click “go”- properties for sale include Riverhead, Aquebogue, Baiting Hollow, Calverton, Jamesport, Laurel, Mattituck, Cutchogue, Peconic, Southold, Greenport, East Marion, Orient, and Orient Point, NY.

To get more specific local North Fork or East End real estate information, fill out the form below with your questions/comments. We know how to find properties coming on the market, and available. If you’re looking for a foreclosure on any part of Long Island, we’ll help you find it also.

Homes Sold on the North Fork East End of Long Island February

March 3rd, 2009 category: Real Estate NewsNo Comments »

The following figures, obtained from MLSLI, are reported contracts on the North fork of Long Island for the month of February. The results? A 50% drop in activity from February 2008…

TOTAL HOMES UNDER CONTRACT ON THE NORTH FORK OF LONG ISLAND

*NOTE: the towns/villages reported include Aquebogue, Baiting Hollow, Calverton, Cutchogue, East Marion, Jamesport, Laurel, Mattituck, Greenport, New Suffolk, Orient, Orient Point, Peconic, Southold, and Riverhead.

Total under contract 2008: 35

Total under contract 2009: 17

Median listing price, 2008: $475k

Median listing price, 2009 $399,990k

Median days on Market, 2008:112

Median days on Market, 2009: 117

The real estate numbers are not nearly as pretty as the foot of snow in my front yard.

If you don’t need to sell your home, wait out the turmoil. Summer will be here soon!

February under contract homes demonstrate a median listing price decrease of approximately 17% over 2008.

If you must sell your home, be prepared for the market changes that don’t appear to have an ending any time soon- the direction is down, and understanding that reality when you enter the market will offer a far less frustrating experience.

Buyers: the market is obviously dropping. Understanding trends is imperative when you attempt to navigate possibilities. We’ll provide all data within our grasp to provide an accurate picture of what is happening, in order to provide you with the facts that you need now, perhaps more than ever.

*figures are deemed reliable, but not guaranteed. All data is as good as the real estate companies reporting it to MLSLI. Figures do not provide for sale by owner or private contracts.

To search available homes for sale on the North Fork / East End Long Island or condos on the North Fork of Long Island, click “north fork homes”, enter your area of interest and any parameters, and click “go”- properties for sale include Riverhead, Aquebogue, Baiting Hollow, Calverton, Jamesport, Laurel, Mattituck, Cutchogue, Peconic, Southold, Greenport, East Marion, Orient, and Orient Point, NY.

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