2024 Staten Island Real Estate Market Overview: Key Factors to Know
Posted by Robert DeFalco on
Are you curious about the current state and future outlook of the Staten Island real estate market? In this comprehensive 2024 analysis, we'll dive into the key trends, statistics, and factors shaping the housing market in Richmond County, NY.
Key Takeaways:
- Staten Island home prices continue to rise in 2024
- Inventory levels remain tight, favoring sellers
- Certain neighborhoods stand out for their popularity and value
- Buyers face challenges but opportunities exist in foreclosures and new construction
Current Market Snapshot
As of 2024, the Staten Island real estate market remains competitive, with steady demand and limited supply. The median home price in Staten Island stands at $670,000, a 4.9% increase from the previous…
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