New York’s Staten Island. The top 10 residences in the borough sold for over $2.3 million apiece, indicating that Staten Island’s upscale residential real estate market was booming in 2024.
The borough’s most expensive home sold for $3.8 million, according to documents from the Staten Island Board of Realtors (SIBOR), while a $3.5 million listing came next. Although Todt Hill is home to five of these expensive properties, a number of the affluent residences may be found in other communities, such as Shore Acres, Great Kills, Princes Bay, and Egbertville.
According to one of SIBOR’s recent monthly indicator reports, which focused on the borough’s historically low inventory and a notable decline in new listings, U.S. existing-home sales unexpectedly fell to a seasonally adjusted annual rate of 3.84 million, the lowest level in over a decade. Despite more house options and lower mortgage rates than at the same time last year, prospective buyers have retreated in recent months.
The research found that property prices were still rising in spite of those figures, with the typical sales price of a Staten Island home rising 9.1% to $724,444.
The top ten most costly residences sold in 2024, as reported by SIBOR, were:
1. $3.8 million: the above-mentioned 77 Nevada Ave., Egbertville. A house with four bedrooms, seven bathrooms, and 5,968 square feet.
2. $3.5 million: The image below shows 14 Peter Court, Todt Hill. An eight-bathroom, five-bedroom, 8,000-square-foot house.
3. $2.715 million: Todt Hill, 25 Copperleaf Terrace, as shown below. a house with four bedrooms, six bathrooms, and 8,333 square feet.
4. 151 Bertha Place, Grymes Hill, $2.65 million, as shown below. a 4,900-square-foot house with five bedrooms and six bathrooms.
5. $2.55 million: The image below shows 10 Todt Hill Court, Todt Hill. A 5,600-square-foot house with five bedrooms and six bathrooms.
6. Shore Acres, 100 Wadsworth Road, $2.5 million, as shown below. This 11,250-square-foot house has seven bedrooms and seven bathrooms.
7. $2.45 million: Great Kills, 11 Osprey Court, as shown below. This house is 4,768 square feet and has four bedrooms and four bathrooms.
8. $2.425 million: Princes Bay, 85 Uncas Ave., as shown below. This 5,197-square-foot house has four bedrooms and five bathrooms.
9. $2.4 million:39 Below is a photo of Todt Hill, the Oval. A 6,400-square-foot house with six bedrooms and eight bathrooms.
10. $2.38 million: Todt Hill, 65 Jenna Lane, as shown below. a 6,353-square-foot house with six bedrooms and six bathrooms.
Note: Every piece of content is rigorously reviewed by our team of experienced writers and editors to ensure its accuracy. Our writers use credible sources and adhere to strict fact-checking protocols to verify all claims and data before publication. If an error is identified, we promptly correct it and strive for transparency in all updates, feel free to reach out to us via email. We appreciate your trust and support!
+ There are no comments
Add yours