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Movoto Real Estate » New York » Nassau County » Great Neck Homes for Sale » Great Neck Stats and Trends

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Trend Metrics

	Median List Price
	Median $/sqft
	Inventory
	Median DOM

	Median Size
	Median $/Lot
	% Distressed
	New Listings
	Sold/Expired
	Price Reductions

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Great Neck Real Estate Trends & Statistics

Great Neck Median List Price

$599,000

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Great Neck Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	403	375	7%	478	16%
Median List Price	$599,000	$529,000	13%	$649,000	8%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		-
Median DOM	70	73	4%	77	9%
Median House Size	1,400	1,450	3%	1,700	18%
Median $/Sqft	$356/sqft	$343/sqft	4%	$377/sqft	6%

	Today	1 Month Ago		1 Year Ago
Total Inventory	196	173	13%	240	18%
Median List Price	$1,350,000	$1,288,888	5%	$1,399,000	4%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		-
Median DOM	65	60	8%	71	8%
Median House Size	3,913	4,000	2%	4,038	3%
Median $/Sqft	$485/sqft	$459/sqft	6%	$445/sqft	9%

	Today	1 Month Ago		1 Year Ago
Total Inventory	207	202	2%	238	13%
Median List Price	$238,000	$232,900	2%	$247,000	4%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		-
Median DOM	78	81	4%	83	6%
Median House Size	950	900	6%	1,000	5%
Median $/Sqft	$289/sqft	$291/sqft	1%	$313/sqft	8%

Great Neck Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	48	35	29	43	37	45	58
New Listings	62	37	41	108	54	94	121
Sold/Expired	77	65	78	87	81	76	79

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	15	16	7	17	10	15	23
New Listings	22	20	21	54	29	54	66
Sold/Expired	46	40	35	49	36	33	44

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	33	19	22	26	27	30	35
New Listings	40	17	20	54	25	40	55
Sold/Expired	31	25	43	38	45	43	35

Great Neck, New York real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Great Neck homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Great Neck. Movoto is your comprehensive source for Great Neck property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Great Neck, NY Market Overview

Inventory: 403 Recently Sold: 79 New Listings: 121 Distressed: 0

Great Neck's home resale inventories increased, with a 7 percent increase since April 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in May. The median listing price in Great Neck went up from April to May. There were a total of 3 price increases and 58 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

21 Wildwood Dr, Great Neck, NY