Staten Island Homes for Sale | Martino Realty

 
STATEN ISLAND, N.Y. - June 28, 2018 - PRLog -- The Staten Island Real Estate market has been on a continuous incline since last year. Year to date inventory has increased by 3.2%, closed sales are up by 8.2% and the median sales price has risen to 12.8%. What do these percentages mean? It has never been a better time to sell your home! In today's market low inventory and high demand should continue to create a competitive bidding war, thus leading to a sellers' playground.

The homes on Staten Island range from town to town. The South Shore offers more single family homes and town homes, while the North Shore offer Victorian and Colonial homes.

We can predict that homes will continue to be in high demand with low supply throughout 2018. "Although home sales may actually drop in year-over-year comparisons over the next few months, that has more to do with low inventory than a lack of buyer interest. As lower days on market and higher prices persist year after year, one might rationally expect a change in the outlook for residential real estate, yet the current situation has proven to be remarkably sustainable likely due to stronger fundamentals in home loan approvals than were in place a decade ago", according to Sibor.

Martino Realty is located on the South shore of Staten Island in the heart of Tottenville. If you or someone you know would like to sell their home visit us at https://martino-realty.com/contact-staten-island-real-estate-specialists/  or call (718) 608-9400 for more information.

We have a team of local and dedicated realtors who are knowledgeable of the Staten Island and Brooklyn market. Take advantage of our Free Market Analysis today!

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Location:Staten Island - New York - United States
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