Babylon NY Housing Market - Median Sold Price 3rd Quarter 2011
So here I am, working on the stats for the Babylon NY housing market and realized............where in the world did the time go? Thanksgiving is seven weeks away. It will be here before we know it!
The housing market for Babylon NY has been faring quiet well. The second quarter took a little dip compared to the first quarter but not horrendous at all. The third quarter did much better than the second quarter with a median sold price of $490,000. So far, the Babylon NY housing market seems to be stabilizing.
We really need to see how the numbers are by the end of the first quarter of 2012 to determine a full stabilized market. Consistency is key here. Once that happens, I will be watching the Babylon NY housing market stats month by month and quarter by quarter to see when the market will start to increase. Keep in mind, do not expect a seller's market for at least another year or two.
If you have been considering selling your Babylon NY home, call me today (631) 703-0201 for a competitive market analysis. As always, there is never any obligation on your part.
Cell: (631) 703-0201
Office: (631) 226-5995 Ext. 242
Email: JackieC@century21aa.com
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