May 2019

Found 13 blog entries for May 2019.

Come join us this weekend for an Open House at 31 Gail Court, Staten Island, NY 10306

Saturday, May 18th 1pm-4pm

Directions: Amboy Road or Gail Ct.

Join us this Saturday and see this newly renovated townhouse, move-in ready with large rooms, great quiet location, near all, built-in garage. Brand new bamboo floors, new oak stair steps, and rails, brand new bathrooms, new roof (2018). Level 1: entry, garage, family room, 3/4 bathroom with corner shower and shower panel, washer and dryer, access to the patio. Level 2: eat-in kitchen with brand new stainless steel appliances and a large living room. Level 3: 2 large bedrooms (master bdrm with high ceiling and spotlights), full bath with custom iron bathtub, shower panel, and glass shower doors.

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Based on the low number of closed sales and increased listing prices, it seems the real estate market has leveled off more than sellers are willing to accept.

Like last month, we again saw a 19% drop in home sales over the same time last year. April 2019 came in with just 272 home sales compared to 336 in April 2018. Active inventory is up 21% since last year, rising from 1,749 to 2,119.

Higher available inventory means more seller competition, and therefore lower prices, right? Well no, as it turns out. List prices just keep going up. Newly listed properties averaged $702,613, an almost $40,000 increase over last year’s average of $664,454. The kicker? Homes sold for only $555,891 last month.

With an average list price of $709,109 for all

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Come join us this weekend for an Open House at 22 Margaret Street, Old Bridge, NJ 08857

Saturday, May 11th, 1pm-3pm

Directions: Route 9 North, to Throckmorton Exit left on Grace

Make your way over the bridge this weekend and join us for an open house of 22 Margaret Street this Saturday and see this fully updated open concept home that sits on a generously spaced out lot with an in-ground pool. This modern home features 3 bedrooms, 2 bathrooms, and has a split level layout with plenty of storage and room to entertain!

For more information on this home please contact Maria Cappillo 646-645-2600

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