With extra large rooms and old world detailing throughout, 98 Franklin Avenue is a home reminiscent of a grand era. This early century detached colonial home boasts expansive living space rarely seen on Staten Island and a stunning yard. Located near the Staten Island Ferry, this beautiful New Brighton block is a retreat from all the noise yet perfect for Manhattan commuters.

The location is a rare blend of quiet and convenient. Just blocks away from Staten Island’s crown jewel Snug Harbor, this North Shore home offers a carport as well as on-street parking. And with 4 bedrooms, 3 floors, and a breathtaking 7,500 square foot lot, there’s tons of space to run around!

The home has been finished in classic brown with updated glass door and windows…

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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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