SIBOR says "if ever there was a year to list or purchase a home, wider economic factors seem to indicate that this is the one." With the change in weather and other factors - this can't be any more true.
New Listings in Staten Island increased 2.9%, pending Sales were up 33.8%. Inventory levels fell 22.5%.
Spring is here and the real estate market is blossoming. Below are inventory reports for March 2014 and March 2015, as well as comparisons.
|Month||Year||Monthly Sales||Monthly Volume||Avg Sale $||Median Sold $|
Comparing March 2015 to last year's month, Staten Island's real estate market had a healthy increase in sale sides from 243 to 297.