March 2015 Staten Island Real Estate Market Recap
Posted by Front Desk on
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.Â
| Month | Year | Monthly Sales | Monthly Volume | Avg Sale $ | Median Sold $ |
|---|---|---|---|---|---|
| March | 2015 | 297 | $122,308,459 | $411,812 | $390,000 |
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.
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A few weeks ago was the SIBOR's Agent Breakfast where we had many Top Producers from our office. Tom Delese and SallyAnne Malfi were both awarded Top Producer Bronze, but were also recognized as SIBOR's Number One Team on Staten Island. The team is made up of two of the most dedicated and hardworking people and Associate Brokers in real estate.