Babylon NY Sold Homes June 2011
Two homes sold last week:
217 N. Railroad Avenue Babylon NY - Originally listed for $319,000 then a few price reductions, the list price is $297,000 and sold for $234,000. On the market for 54 days. List price to sold price ratio: 21.2% Price your Babylon NY home right the first time, and you should get anywhere from 5% to 7% off the list price not 20+%
9 Harbor Road Babylon NY - Listed for $469,000 and sold for $469,000. Ont the market for 86 days. List price to sold price ratio: 0%. This home is located in the Blue Harbor section of Babylon NY and is a waterfront property with docking rights.
The chart below represents how the Babylon NY Real Estate Market is doing so far for 2011:
It is obvious that the Babylon NY Real Estate Market hasn't stabilized yet. In the beginning of July, this chart will be updated to reflect the 2nd quarter numbers of 2011.