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New Home Sales On the Rise: Hire Center Island Contracting

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March 9, 2017 by Tricia L

Thinking of building a new home? It can be a daunting, yet exciting idea when it’s still in conception, but Center Island Contracting can help. Our knowledgeable and talented team of construction professionals can provide you with all the services you need to complete your project. From inception to design, construction management and final walk through, our team will give you the quality service that you can depend on. If you are thinking of hiring a new home builder, you’re not alone. New home sales are up 3.7% since January 2017.

December 2016 to January 2017 saw a bump in new home sales for single-family homes to a seasonally adjusted annual rate of 555,000 homes sold. From exactly one year ago, new home sales are up 5.5%.

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The average sales price for new homes was $360,900 in January 2017, down from $365,600 in the same month last year and $378,900 in December 2016. The median sales price for new homes was $291,100 in January 2016 and it has since increased to $312,000 in January 2017, although that price decreased a bit from $316,200 in December 2016. In our area of the Northeast, the new housing market has increased by 15.8% to a pace of 44,000 units sold.

Center Island Contracting is your contractor of choice for new home buyers or those undergoing home renovations on the north shore of Nassau county, Long Island. Our qualified professional new home construction management team is here to help you build the new home of your dreams. With the knowledge about local and New York State laws, our staff can answer all your questions and streamline the entire process. Email us or call (631) 465-9765!

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