Home Selling in Riverdale>Question Details

Golan Gosjan, Home Seller in Bronx, NY

is it true that the house market in Bronx, NY is experiencing an unusual low during the last 2-3 months?

Asked by Golan Gosjan, Bronx, NY Sun Jun 15, 2008

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I've been extremely busy showing homes so I don't agree with this. The market may have slowed down during the snow and holiday but has certainly picked up. There are currently many contractss and closings finally occurring. call me if you need help
Gladys 914 589 2455
0 votes Thank Flag Link Tue Jun 14, 2011
Golan,

When you say low are you referring to volume, inventory or housing prices? Multi family homes or single family homes? In the last 6 months, 59 single family homes under 500K have sold. Out of those 44% of them sold in less than 120 days(not too bad). And on average they sold for about 94% of their asking price. Agressive pricing strategy is very important with the ever changing mortgage requirements.

Michael Alexander Brown
HTTP://www.REALTORMICHAELBROWN.COM
718.541.6149 Best Number
0 votes Thank Flag Link Wed Jun 18, 2008
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