Babylon Real Estate Market Extends Downward Trend in Price Cuts

This week in the Babylon market, sales rose to 12 homes sold over the last 30 days, even with a recent downward trend in price reductions, with 14 in the same time frame. All indications show that the trend should continue, meaning less price reductions over the next few weeks. Potential buyers should note that prices are coming down in Babylon, and for this period the median sales price slid from $369,500 to $347,500.

Being aware of new listings is a great exercise in finding the right home so take a look at these in Babylon:

$489K   $349K   $519K  

Get started right now by checking out Babylon homes for sale or reviewing Babylon real estate trends.

Demographic facts about Babylon:

  • The population has decreased 2.8% in the last 10 years.
  • The area's safety rating is 69. (Scale: 1 = Worst, 100 = Best)
  • The area's average commute to work is 36 minutes.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Island Advantage Realty Llc
Snapped 19 homes in this area
Charles Rutenberg Realty Inc
Snapped 4 homes in this area
Exit Realty Achieve
Snapped 4 homes in this area

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