Market Trends: 5/19/2012
Short Sales
Market Snapshot
Total Properties Listed:
171
Month-Over-Month Change: -12.76%
Average List Price:
$274,085
Month-Over-Month Change: -2.81%
Median List Price:
$267,000
Month-Over-Month Change: +.75%
Typical Property
Single-Family Home
3.11 Bedrooms
2.07 Baths
$274,085 Average List Price
$159/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$136,656
2 Bedrooms:
$219,783
3 Bedrooms:
$259,345
4 Bedrooms:
$329,030
5 Bedrooms:
$380,408
Top 5 Most Viewed Properties
Short Sales, NY Real Estate:
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Rockland & Orange County
Real Estate Listings
MLS Home Search
Rockland & Orange County: 8,610 Listings
Short Sales Real Estate
About Short Sales
A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed. For example, If the unpaid balance of a loan is, say, $100,000 and a property sells for $90,000, under a short sale, the lender might accept $90,000 as payment in full.
Short Sales Neighborhoods