Staten Island's real estate market is still on the upside. May 2014 had a sight monthly sales decrease but increase in average sale price in camparison to May 2013.
Last month, the Island had 248 sale sides with a monthly volume of $96,902,646. This differentiates to April 2013's 255 with a monthly volume of $101,895,194. There was an increase monthly sales from April 2014 to May 2014.Â
Month | Year | Monthly Sales | Monthly Volume | Avg List $ | Avg Sale $ | Median Sold $ | Avg DOM |
---|---|---|---|---|---|---|---|
May | 2014 | 248 | $101,895,194 | $432,147 | $410,867 | $381,250 | 124 |
Staten Island wrapped May up with an average sale price of $410,867. This is a decrease from the $448,397Â that was raked in May 2013. However, there was an improvement of Average DOM (days on the market).
Month | Year | Monthly Sales | Monthly Volume | Avg List $ | Avg Sale $ | Median Sold $ | Avg DOM |
---|---|---|---|---|---|---|---|
May | 2013 | 268 | $120,170,493 | $472,990 | $448,397 | $413,500 | 163 |
Slow and steady wins the race seems to be an appropiate saying in Staten Island's real estate market. Although compared to 2013 there have been decreases, over the past few months there has been improvement in Staten Island's real estate market.Â
Posted by Tom Crimmins Realty, Ltd. on
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