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Bridgeview At Babylon Cove Luxury Townhomes Real Estate Market Report 1st Quarter 2010

By
Real Estate Agent with Douglas Elliman Real Estate in Babylon NY

Bridgeview At Babylon Cove Luxury Townhomes
Real Estate Market Report 1st Quarter 2010

Newly Listed - 1
Offering Price: $739,000
Property Taxes: $13,478.67
Village Property Taxes: $2,000
Maintenace Fee: $420
Status: Available as of 4/4/10

Under Contract - 0

Sold Units - 1
Offering Price: $1,075,000
Sold Price: $925,000
Property Taxes: $15,837
Village Property Taxes: $2,000
Maintenance Fee: $420
Days On The Market: 315

It is not uncommon to see luxury homes on the market for long periods of time. Only a small percentage of buyers can afford luxury homes. Sellers need to have patience and of course the understanding that their luxury home will not sell overnight.

Read my recent blog about Bridgeview:

Bridgeview Babylon Cove Luxury Townhomes - Waterfront Living At Its Finest!


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Comments(2)

Dale Baker
Baker Energy Audits and Commercial Properties Inspections - Claremont, NH
New Hampshire Relocation Real Estate Information

Howdy and mornrn there Jackie

You sure are mighty right that it can take bit longer period of time to selle luxury homes. There one here that took 4 years for it to sale, and it was the only one on the market.

Apr 06, 2010 02:43 AM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Dale! It's amazing. Not everyone can afford them. Have a great day Dale!

Apr 06, 2010 10:26 PM