Staten Island home market shows stability

From the 2011 Data Book The first-time homebuyer tax credit and record-low interest rates helped nudge a comeback from the depths of the recession in Staten Island. The median home price rebounded after hitting a low point in the second quarter of 2009 at $365,000. But with the tax credit no longer propping up the market past June, the number of home sales leveled off in the third quarter of 2010. See the complete Staten Island market report below, and click here or on the link at the top of the page to purchase your compy of The Real Deal’s 2011 Data Book.

Data Book 2011 Staten Island housing market