Williston Park is the easiest place on Long Island to sell a home, according to a study conducted by a New York-based technology company.
Researchers with SmartAsset, a financial technology company, said its study measured the number of days a home spends on the market and found homes in Williston Park spend on average about 56 days on the market — 10th-best in New York State and the only Long Island village to appear in the top 10.
While Williston Park was the only Long Island village to top the top 10, five other places on Long Island cracked the top 20 with Manhasset at 15, New Hyde at 16, Mineola at 18, Garden City at 19 and Albertson at 20.
SmartAsset Managing Editor AJ Smith said strong economies tend to lower the length of days needed to sell a home.
“We found that in areas where the figure was low the people who want to live there outpaces the people who want to leave,” Smith said.
According to the study, a Williston Park resident will spend an average of more than 23 years living in their home, the greatest amount out of any municipality in the top 10.
Smith said that is also indicative of a strong local economy.
“It usually communicates that people are really happy with the area,” Smith said. “We saw it as a positive indicator for housing in the area.”
The study also found that Williston Park home costs take up more than 25 percent of a resident’s home income, also greatest out of any municipality in the top 10 in the state.
Smith said high property taxes and median household costs contribute heavily towards that percentage.
Nationally, Williston Park was ranked 408th.
The five other places on Long Island ranked in top 20 were significantly behind Williston Park in the national rankings with Manhasset at 1,232, New Hyde Park at 1,310, Mineola at 1,443, Garden City at 1,461 and Albertson at 1,473.
As a whole, Smith said, Nassau County has a stronger housing market than Suffolk County.
According to the rankings, Nassau County was ranked 1,160 nationally and Suffolk County 1,422.
Manhattan was ranked No. 1 in the state and 111th nationally. Brooklyn ranked 58th nationally
Manhattan was followed in the state rankings by eight upstate municipalities with the top three spots occupied by Rochester and two surrounding villages — Webster and Fairport.
Smith said the company obtained its information from Zillow and the U.S. Census Bureau.
Reach reporter Christian Araos by e-mail at caraos@theislandnow.com or by phone at 516.307.1045 x204. Also follow us on Twitter @Christian_Araos and Facebook at facebook.com/theislandnow.
