2nd quarter Long Island Lis Pendens filings highest ever

August 5, 2009 | by The Long Island Real Estate Report |
The total number of 2nd quarter Lis Pendens filings on Long Island was 4,804. This is the highest quarterly total ever recorded.

The previous high was 4,325 in the 2nd quarter of 2008.

Both Nassau and Suffolk exceeded their previous highs which were also in the 2nd quarter of 2008.
 

Lis Pendens Filings
Location 2007 Q2 2008 Q2 2009 Q2
Nassau County 1,126 1,617 1,853
Suffolk County 1,726 2,708 2,951
Long Island 2,852 4,325 4,804

 

It is difficult to plot meaningful trend lines, due to the law changes in August 2008. These caused a change in the filing times of Lis Pendens, as can be seen in the charts below.

The charts show the trend line up to and including the month of August 2008, including individual trend lines for each year.
We also show new trend lines as of the beginning with March 2009.

It is easy to see the current upward trend began in 2006 and has not shown any sort of reversal.

NOTE: The Suffolk County chart includes July 2009, since all Suffolk Lis Pendens filings for July have been recorded. 
For complete information on Long Island Sales and Lis Pendens, visit

The Long Island Real Estate Report Stats/Trends area.