Analyzing the effects that Hurricane Sandy had over listing prices, we found out that the impact wasn’t as strong as many had feared. On average, the asking prices of the houses remaining on the market dropped just 2%, in the coastal areas of New York and New Jersey states. Overall, the listing prices trend was similar to what it was (-1.5%) over the same period of time (3 months) before Sandy.
691 South 9th Street, Lindenhurst, Suffolk, $429,990 and 73 Cornwells Beach Road, Sands Point, Nassau, $7,500,000
