Babylon NY Sold Homes Prices For 2008 Thru 2010

Babylon NY Sold Homes Prices For 2008 Thru 2010

2008 was a great year wasn’t it?

Sold prices dropped 13.24% in 2009 compared to 2008.

Sold Prices increased 1.36% so far for 2010 compared to 2009. Ok, it’s not a lot but it’s a start.

I am seeing many Babylon listings expiring in the upper 500K and over range. Why? Due to job losses across Long Island, that buyer pool that normally could afford that price range 3-5 years ago, cannot at this point. That buyer pool has been reduced.

What do you do if you want to sell your home? You have choices:

• You can reduce the price to market value in order for it to sell. In your eyes, that would be giving away your home and I understand that. But market value is determined by how much a buyer is willing to pay. Buyers are educated. They know what is market value and what is not.
• Leave it off the market until you see signs that it’s a seller’s market.

It is what it is folks. Either list your home at market value or wait.

Babylon Single Family Homes Sold Prices For 2009

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Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com

Whalers Cove Condos Babylon Village Real Estate Market Report Month Ending 4/30/10

Whalers Cove Condos Babylon Village Real Estate Market Report
Month Ending 4/30/10

Condos Currently Available: 2
(No newly listed condos for April 2010)

Average Listing Price: $326,938
Average Property Taxes: $3,726

Whalers Cove Condos Babylon Village Real Estate Market Report For January 2010

Whalers Cove Condos Babylon Village
Real Estate Market Report For February 2010

Whalers Cove Condos Babylon Village Real Estate Market Report For 1st Quarter 2010

About Whalers Cove Condo Development

Search Babylon Condos

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View Whaler’s Cove Condos Babylon, NY in a larger map

Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com

Babylon Real Estate Market Report Newly Listed Homes Zip Code 11702 – Period Ending 4/30/10

Babylon Real Estate Market Report Newly Listed Homes Zip Code 11702 – Period Ending 4/30/10

Newly Listed: 13
Homes That Had Price Reductions: 4
Average Price: $622,229
Average Property Taxes: $11,098

Recent Market Reports For Babylon:
Babylon Luxury Homes Real Estate Market Report
Under Contract For April 2010
Sold Homes For April 2010

Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com

Babylon Real Estate Market Report Under Contract Zip Code 11702 – Period Ending 4/30/10

Babylon Real Estate Market Report Under Contract Zip Code 11702 – Period Ending 4/30/10

Homes Under Contract: 7

Average Listing Price: $491,556

Average Property Taxes: $12,126

Average # of Bedrooms: 4

Average # of Baths: 2

Average Days On The Market: 111

Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com

Babylon Real Estate Market Report Sold Homes Zip Code 11702 – Period Ending 4/30/10

Babylon Real Estate Market Report Sold Homes
Zip Code 11702 – Period Ending 4/30/10

Homes Sold: 6

Average Listing Price: $538,832

Average Sold Price: $497,750

Average Property Taxes: $10,606

Average # of Bedrooms: 3

Average # of Baths: 1.5

Average Days On The Market: 99

Recent Babylon Market Reports:
Babylon Newly Listed Homes
For Period Ending 4/30/10

Babylon Homes Under Contract
For Period Ending 4/30/10

Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com

Babylon Luxury Homes Real Estate Market Report Newly Listed Zip Code 11702 – Period Ending 4/30/10

Babylon Luxury Homes Real Estate Market Report Newly Listed Zip Code 11702 – Period Ending 4/30/10

Newly Listed: 1

Offering Price: $1,299,999

Property Taxes: $19,290

# of Bedrooms: 4

# of Baths: 3.5

Lot Square Footage: 10,000

Waterfront: Yes

100′ of Bulkhead

Gated: Yes

400 Amp Electric

There were no luxury homes in Babylon that went under contract in April.

Luxury Homes Sold: 1
Listing Price: $1,499,999
Sold Price: $1,325,000
Property Taxes: $27,709
Days On The Market: 59
# of Bedrooms: 4
# of Baths: 4
Lot Square Footage: 15,000
Waterfront: Yes
100′ of Bulkhead
Gated: No

Recent Market Reports For Babylon:
Newly Listed Homes For April 2010
Under Contract For April 2010
Sold Homes For April 2010

Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com

Babylon NY Short Sales Real Estate Market Report For 1st Quarter 2010

Babylon NY Short Sales Real Estate Market Report For 1st Quarter 2010

Short Sale Homes Available: 12
Average Listing Price: $440,000
Average Taxes: $11,167

Under Contract: 11
Average Listing Price: 455,625
Average Property Taxes: $9,485
Average Days On The Market: 118

Short Sale Homes That Closed: 25
Average Listing Price: $471,943
Average Closed Price: $452,998
% Difference: 4.05
Average Property Taxes: $9,365
Average Days On The Market: 99

With the new short sale federal program, it will take many months until we know if banks are moving faster with approving short sales.

Recent Blogs:

Suffolk County Short Sale Market Report 1st Quarter 2010

Lindenhurst NY Short Sale Market Report
1st Quarter 2010

Tax Grievance For Suffolk County Is May 18, 2010!

Foreclosure Homes In Suffolk County NY REO Properties
1st Quarter 2010

Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com

Whalers Cove Condos Babylon Village Real Estate Market Report For 1st Quarter 2010

Whalers Cove Condos Babylon Village Real Estate Market Report For 1st Quarter 2010

New Condos Listed – 2
Average Listing Price $339,000
Average Taxes $3,686
2 Bedrooms
1.5 Baths

Under Contract – 2
Average Listing Price $334,950
Average Taxes $4,233
2 Bedrooms
1.5 Baths

Sold Condos – 3
Average Listing Price $333,000
Original Listing Price $343,000
Sold Price $312,667
Average Taxes $4,222
2 Bedrooms
1.5 Baths

Search For Condos On Long Island

Recent Blogs About Whalers Cove Condos:

Whalers Cove Market Report For January 2010

Whalers Cove Market Report For February 2010

About Whalers Cove Condo Development In Babylon
View Larger MapJackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com

Bridgeview At Babylon Cove Babylon Luxury Townhomes – Waterfront Living At Its Finest!

Bridgeview At Babylon Cove Babylon Luxury Townhomes – Waterfront Living At Its Finest!

The Bridgeview at Babylon Cove has 22 luxury waterfront townhomes and was built in 2002 with taxes starting at $14,000 without the Star Program.

The Bridgeview Development is on Salt Meadow Road located off of Fire Island Avenue in Babylon Village and boasts gorgeous views of the Great South Bay and the Robert Moses Bridge, hence the name, Bridgeview.

All of the townhomes have an open floor plan and are over 2000 sq. ft., have multi-level decks for entertaining and a private community pool. Deeded 40 ft. boat slips are included with each home. Some even have 9 zone radiant heating.

The most recent sale was February, 2010 for $925,000 and just 2 years ago they were selling for over $1M!

Just a few blocks away are many restaurants where you can sit outside and enjoy your meal while taking in the beautiful views of the Great South Bay.

When you own one of these townhomes in Babylon, your children will be going to the sought after Babylon School District. In West lslip, which is the next town East of Babylon, there is St. John’s private school.

A short drive to Main Street where you can shop to your heart’s content in Babylon Village and there are plenty of more restaurants for you to choose from.

Call (631-703-0201) or Email me for more information about the Bridgeview At Babylon Cove. Luxury living at its finest!

Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com

Whalers Cove Condo Development In Babylon Village, NY

Whalers Cove Condo Development is located in Babylon Village on the South Shore of Suffolk County.

Whalers Cove is conveniently located just minutes from Babylon Village shopping, restaurants, and the Long Island Railroad for those that commute via train to work.

There are 152 condos in Whalers Cove with 1 & 2 bedrooms and maintenance fees start at $170.00 and up. You even get a private patio. Every condo is different. Some have updated kitchens and baths, some do not. 1 condo recently closed at $323,000 for 2 bedrooms, 1.5 baths, and Eat-In-Kitchen.

Whalers Cove is in the highly sought after Babylon Village School District.

Just minutes away from Main Street, Deer Park Avenue and Sunrise Highway. And a convenient 20 minute drive to MacArthur Airport located in Islip, NY

There are so many amenities surrounding Whalers Cove: Babylon Village pool, Argyle Park, Captree Boat Basin, Babylon Town beaches, and Robert Moses State Park.

You will never be bored when you own a condo in Whalers Cove!

Search Babylon Condos

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Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com