Tom Crimmins Realty Blog - Real Estate Market

June 2017 Staten Island Real Estate Market Recap

The Current Inventory numbers have decreased from 2,176 houses in June 2016 to 1,973 houses in June 2017. This decrease lead to the increase in Average Listing Prices from 2016 to 2017.

The chart above displays the total amount of sales that were made from June 2016 to June of 2017. This chart shows that 37 more homes were sold in September of this year, at least a 9.7% significant sale increase compared to June of last year. 

The average listing price has increased from $511,306 in June 2016 to $570,394 in June 2017. This was caused by the decrease of Current Inventory numbers from 2016 to 2017.

The average sale price of homes has significantly increased from $489,078 in June 2016 to $551,884 in June 2017. This was also caused by…

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164 Springfield Avenue | Staten Island, NY | 10314

This charming, single family home is located in the heart of Westerleigh. The beautiful back yard is perfect for entertaining with new upgraded Zuri decking, a screen room, and a new above ground pool. Additional upgrades have been made to the shed, cement, and pavers.

The full and finished basement can easily be used as a family room, and it offers a full bathroom. Moving to the 1st floor, the interior is freshly painted, there is new crown molding, and much more! The eat-in kitchen boasts new top-of-the-line Samsung appliances, and granite counter tops. The first floor also has two of the bedrooms and a full bathroom, and on the second level there is an additional bedroom.

On top of all of this, the home has a very convenient location to…

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986 Rockland Avenue | Staten Island, NY | 10314

This 1,840 sq-ft home is a gem located in New Springville. Many recent improvement have been made to this home including new heating, air conditioning, roof, pavers, front steps, and fencing.

The full and finished basement with a 1/2 bathroom provides opportunity for a family room. The 1st floor offers hardwood flooring, a spacious living and dining room combination, another 1/2 bathroom, the eat-in kitchen with stainless steel appliances, and access to the large, decked back yard. The second floor has an additional full bathroom, the master bedroom and 2 other bedrooms. This home is conveniently located in an accessible area, making it a must see!

For more information, please contact:

Andrea Mazzarisi & Marie Knee

NYS Licensed Real Estate…

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202 Carlyle Green Avenue | Staten Island, NY | 10312

Gorgeous, 1,836 sq-ft corner property in Annadale. In addition to this home's great features such as hardwood flooring throughout and central air conditioning, it is accessible to transportation, making it wonderful for those who have to commute.

After the huge, full and finished basement, the first level has a living and dining room combination which features a lovely firepleace, a large eat-in kitchen, and a 1/2 bathroom. The second level has the master bedroom which features a walk-in closet, as well as 3 additional bedrooms and a full bathroom. This home is completed with a nice-sized fenced backyard with decking and a shed, a community tennis court, and with the HOA fee comes access to the pool.

For more information, please contact:

Frances…

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191 Lorraine Loop | Staten Island, NY | 10312

This beautiful townhouse in Rossville is in excellent condition, and in a fantastic location! The fenced back yard is great for entertaining and it is surrounded by the serene atmosphere of the Blue Belt. Additional exterior features include the newly renovated roof and garage.

Starting with the basement, it is full and finished which offers potential for an office space, family room, playroom, and more. The 1st floor features a den with sliders to the backyard, and a newly remodeled 3/4 bathroom with a large shower.The 2nd floor has a large living and dining room combination, a lovely eat-in kitchen with quartz counter tops, new stainless steel appliances and sliders to the balcony that overlooks the yard. The 3rd floor has the master bedroom and 2…

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59 Sunnyside Terrace | Staten Island | NY | 10301

This 1,248 square foot home located in Sunnyside is a single family detached home perfect for any family. With three bedrooms, one full bathroom, and a three quarter bathroom this home can surely accommodate for a moderately sized family. 

The basement is full and finished which can be easily used for a family room. On the first level, there is the living room, dining room, kitchen, a master bedroom, as well as the two other bedrooms. 

Located very close to the Verrazano bridge, ferry, and transportation it is in a very prime location. There are oak floors throughout and the kitchen has sliding door access to the patio. The private driveway with off street parking accommodates three cars. 

If interested, please contact: 

John & Susan Lauria 

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November 2016 Staten Island Real Estate Market Recap

Staten Island real estate market is still going strong in the seller's market. There may be fewer homes, but sales are higher than ever! Here are the statistics for November 2016 & 2015:

The chart above displays an average sale price increase of $50,000 for November 2016, an 11.04% increase compared to November 2015. This is most likely caused by the decrease in inventory as shown below.

With the decrease in inventory as displayed above, the average listing and sale price for November 2016 have increased substantially and cut time spent on the market by approximately 20%.

As shown above, the time spent on market has decreased and the number of monthly sales has increased.

In Conclusion, because there is less inventory, homes are…

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September 2016 Staten Island Real Estate Market Recap

The chart above displays the total amount of sales that were made from September 2015 to September of 2016. This chart shows that 86 more homes were sold in September of this year, at least a 22.8% significant sale increase compared to September of last year. 

The average listing price has increased from $525,794 in September 2015 to $529,981 in September 2016. This was caused by the decrease of Current Inventory numbers from 2015 to 2016.

The average sale price of homes has significantly increased from $509,029 in September 2015 to $549,026 in September 2016. This was also caused by the decrease in Current Inventory.

The Average Days on Market (DoM) has decreased from 93 days in September of 2015 to 80 days in September of 2016.

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August 2016 Staten Island Real Estate Market Recap

The chart above displays the total amount of sales that were made from August 2015 to August of 2016. This chart shows that 97 more homes were sold in August of this year, at least a 23.7% significant sale increase compared to August of last year. 

The average listing price has increased from $490,693 in August 2015 to $555,886 in August 2016. This was caused by the decrease of Current Inventory numbers from 2015 to 2016.

The average Days on Market (DOM) has decreased from 104 days in August 2015 to 88 days in August 2016.

The Current Inventory numbers have decreased from 2,626 houses in August 2015 to 1,976 houses in August 2016. This decrease lead to the increase in Average Listing Prices from 2015 to 2016.

In Conclusion,…

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Staten Island Home Statistics

Based off of the U.S. Census, here are some Staten Island statistics that relate to the Staten Island real estate market.

Area with the most multi-family housing:

The 10301 Zip Code has the most multi-family housing, including developments along the St. George and Stapleton waterfront. Only 10 percent of the homes in 10301 are single-family, detached, owner-occupied homes.

The borough's most diverse neighborhoods:

Some of the borough's most diverse neighborhoods are found in the 10304 Zip Code. More than a quarter of the residents in Stapleton, Clifton, Concord and Rosebank speak a language other than English at home, with Spanish, Italian, Chinese and Russian topping the list.

Area with the largest number of single-family homes: 

The…

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