Babylon NY Real Estate Market Report Trends - Week Ending 3/20/11
Babylon NY Call me today (631) 703-0201 to find out what your Babylon NY home is worth in today's market.
Sold Homes There were no closings last week but 2 homes in Babylon NY are under contract. Technically, they are sold since they are not available but it's not said and done until you walk away from the closing table.
One home that was listed for $344,000 was on the market for 32 days. I showed a buyer this home and told them this home will sell in less than a month. I was close. A home at that price point in Babylon NY in the Babylon School District is going to fly off the market, period. This home needs nothing. It is your picture perfect move-in condition. And it is a seller's market right now for those types of homes in the Town of Babylon because they are scarce right now.
The other home was listed at $314,000 and on the market for 203 days. It's practically on a busy road so the noise factor played a big part on why it was on the market for over 6 months. And only getting a $5k price reduction during that time didn't help either. It is also in the West Babylon School District.
Cell: (631) 703-0201
Office: (631) 226-5995 Ext. 242
Email: JackieC@century21aa.com
Website: www.longislandrealestatelady.com
Website: www.lindenhurstnyrealestate.com
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