Babylon NY Sold Homes June 2011

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

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:


babylon ny sold homes june 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.

 

Comments (4)

Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good orning, Jackie....it looks like the Babylon market is on it's way up.....hope it continues....

Jun 19, 2011 11:26 PM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Barbara, It's been up and down. No signs of stabilization but I hope it will become more stable soon!

Jun 20, 2011 05:22 AM
Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Jackie, the stats seem to be very consitent over the last couple of years in Babylon NY and slightly up.  I will be interesting to see what the second quarter stats are.

Jun 20, 2011 05:57 AM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Nick, it will be interesting for sure!

Jun 21, 2011 04:41 PM