Recent Staten Island Real Estate Trends
Posted by Dil Gillani on
Staten Island is the most suburban of New York City's boroughs, which means there is always demand for Staten Island real estate. This demand provided Staten Island with a cushion during the housing collapse as evidenced by the fact home prices are down only 11.9 percent from the peak of the crash, which is significantly less than the drop in housing values other areas of the country experienced. Those who chose to buy a home on Staten Island can rest assured their home will likely maintain its value and appreciate in the years to come.
Currently, the average listing price of Staten Island homes is $475,905 and the median sales price is $375,000, which is an increase of 1.3 percent as compared to last year at this time. The recent price trends of Staten…
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The end of summer is nowhere close for people who live on Staten Island. Free outdoor activities are planned throughout the month of August, and are held at a variety of local parks. These free activities make it possible for families to enjoy the beautiful weather without having to spend a great deal of money in order to do so.
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