Casandra Properties, Inc
John Caufield, Casandra Properties, IncPhone: (646) 300-1674
Email: [email protected]

Weekend Update for Staten Island Real Estate Market - Difficult to see a Trend Yet

by John Caufield 09/14/2020

 

Over the weekend, 54 new listings appeared and 20 additional houses came back on the market.  That was a total of 74 new homes to look at.  We had 37 accepted bids, 3 canceled, 32 officially closed, 15 were pulled off the market and 30 have pending sales. Overall, this week, there are less houses to choose from on the Island.  In addition,  69 properties have lowered their prices.  Price changes usually run $5K to $10K in price.  Although the number of new homes has not kept up with those sold or pending, which would put upward pressure on prices, close to 70 properties lowered their asking price. Difficult at this point to see a trend considering we are only weeks into the market being fully open.  If you have any questions, please reach out to me at [email protected]

About the Author
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John Caufield

Hi, I'm John Caufield and I'd love to assist you. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.