New York’s Staten Island — According to fresh data released by the Staten Island Board of Realtors (SIBOR), home sales in Staten Island stayed stable in 2024. The borough’s closed properties totaled 3,061 lately, which is comparable to the 3,057 total from the previous year.
According to SIBOR’s November report, which cited statistics from the National Association of Realtors, the number of homes for sale is still improving nationwide, increasing 0.7% month over month and 19.1% year over year to 1.37 million units for a 4.2-month supply at the current sales pace.
SIBOR statistics show that pending sales surged by 6.5% to 3,603 while new listings on Staten Island increased by 1.7% to 4,913 over the previous 12 months. Prices also increased, with the median sales price rising to $690,000, a 4.5% increase.
Eltingville, Bay Terrace, Great Kills, Oakwood, and New Dorp are the borough’s top selling neighborhoods. Since January, a total of 492 properties have been sold in certain neighborhoods, according to SIBOR data. With 483 sold, the borough’s Annadale, Arden Heights, Rossville, Woodrow, Huguenot, Prince’s Bay, Pleasant Plains, Charleston, Richmond Valley, and Tottenville neighborhoods came in second.
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