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Have West Babylon Coop Prices Gone Up or Down?

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

Have West Babylon Coop Prices Gone Up or Down?

 

It depends upon what you are comparing. Have West Babylon Coop prices gone down in the past 4 years? Yes. But, they have relatively remained stable for the last 2 years.

 

I listed a one bedroom coop in Fisherman's Wharf in West Babylon during the Winter of 2010 for $185,000 and it sold in 72 days for $173,000. That same exact coop will sell today for $160,000. So yes, in four years West Babylon coops have gone down.

 

During the market boom of 2004/2005, Coops in Fisherman's Wharf in West Babylon were selling for high $180,000's to $190,000's. Two bedrooms were selling for slightly over $200,000.

 

Below is the sales history for West Babylon Coops for the last two years:

have west babylon coop prices gone up or down?

 

have west babylon coop prices gone up or down?

 

For the most part, two bedroom coops have been selling in the $180,000 to the $190,000 price range. But, the condition of the coop must look like it belongs in a home magazine. Almost like new construction. One bedrooms are selling between $150,000 and $165,000 as long as the condition is move-in and doesn't need a lot of work.

 

Call Jackie today 631.703.0201 to find out what your West Babylon Coop is worth in today's ever-changing real estate market. View my West Babylon coop selling track record here.

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