The Real State of the Babylon Village Real Estate Market October 2014
By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
The Real State of the Babylon Village Real Estate Market - Monthly Market Snapshot for Single Family Homes - October 2014by Jackie Connelly-Fornuff with Douglas Elliman of Babylon (631) 703-0201 In October 2014, the Babylon Village median sales price was $406,000 up 4.10% from October 2013. The highest home sale for 2014 thus far is $875,000 for a four bedroom, six room Colonial with two full baths, a full unfinished basement and 90 feet of bulkhead on Thompson Avenue. 12 homes went under contract during October 2014 which is up 100% from this time last year. This is due to decreasing available homes on the market and buyers are experiencing tight negotiating. The Babylon Village housing market is in a seller’s market as long as the house is priced right so buyers should expect to pay...
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