Buying in Woodbury
THE SCOOP: What attracts buyers to Woodbury has long been a constant - the Syosset school district. That, plus roomy homes on spacious properties.
"The school system is as great as when we got here," says 15-year resident Shawn Elliott, owner of Shawn Elliott Luxury Homes & Estates in Woodbury. "The district is a huge draw," agrees resident Elyse Mayer, of Prudential Douglas Elliman Real Estate in Syosset.
Mayer also said the area is convenient. "Within a short distance, we have amazing shopping, great restaurants, parks and are close to the highways."
The punch line? It typically costs about $599,000 to break into the community, says Elliott, though some homes are priced lower. Prices quickly exceed the $1 million mark, reaching about $3 million.
Woodbury is composed of many neighborhoods - some are named, some are gated. The same applies to condo communities. Various ranch styles, split-levels, Colonials and contemporaries dominate.
There are also three "Golden Age" senior housing developments - Woodbury Cove, Woodbury Meadows and Woodbury Gardens. Each has age and income restrictions - and a waiting list. For more information, call the Town of Oyster Bay department of Community and Youth Services, 516-797-7935.
CONDOS AND TOWN HOUSES: 31 listings from $400,000 to $1.6 million.
RENTALS: Nine listings from $2,300 to $6,400 a month.
SALES PRICE: According to Multiple Listing Service of Long Island data, there were 39 sales since October 2008. The median price was $980,000 with a low of $345,000 and a high of $2 million. From September 2007 to September 2008, there were 48 sales with a median price of $953,000. The low was $475,000 and the high was $2,150,000.
OTHER STATS
Town: Oyster Bay
Area: 5 square miles
ZIP code: 11797
Population: 9,768
Median age: 47.90
Median household income: $145,896
Median home value: $1,140,000*
Median age of homes: 28 years
Percent owning home: 81.7 percent
Percent renting home: 17.0 percent
Percent homes vacant: 1.5 percent
LIRR time to NYC: From Syosset, 47 to 59 minutes at peak
Monthly ticket: $232
School district: Syosset
Attractions: Syosset-Woodbury Community Park, the Oyster Bay Golf Course and Trail View State Park. For shopping, check out Woodbury Commons on Jericho Turnpike.
SOURCES: Claritas 2009 estimates; www.mlsli.com; Long Island Rail Road; Shawn Elliott Luxury Homes & Estates.
*Based on sales in the past six months according to Multiple Listing Service of Long Island