West Babylon NY Real Estate Sold Prices For 2010
199 homes sold in West Babylon NY in 2010. Sold prices range from $58,000 to $750,000.
As you can see in my chart, the last quarter in 2010 pretty much held steady. I'm hoping that trend continues for 2011.
The average property tax is $8,414.
The average listing price to sold price ratio is 5.07%. This means that the average home in West Babylon NY sold for a little less than 95% of asking price. This is why I say a good home deserves a good sold price!
Out of the 199 homes that sold in 2010, 25 of them are short sales and 16 are REO properties. It's a good thing to get short sales and REO properties sold and off the market. Too many of either can drive the West Babylon NY real estate market down.
Currently there are 43 short sale homes on the market in West Babylon NY and four REO properties. Let's hope these short sale homes close this year!
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