Staten Island Real Estate Market Update: July vs. August 2025
If you’re following the Staten Island housing market, the shift from July to August 2025 brought some noteworthy changes. Whether you’re a buyer, seller, or simply keeping an eye on home values, these numbers tell an important story about where the market is heading.
New Listings: Inventory Tightened
July: 463 new listings
August: 418 new listings (down ~10%)
Fewer homes hit the market in August, a typical late-summer slowdown. For sellers, this creates an opportunity—less competition means more visibility for your property.
Properties Sold: Slight Uptick in Closings
July: 310 sold
August: 318 sold (up ~2.6%)
Despite fewer new listings, closings increased. Buyers who had been waiting for the right home acted quickly, showing continued demand across Staten Island.
In Contract: A Minor Dip
July: 332
August: 323 (down ~2.7%)
Contracts dipped slightly, reflecting both seasonal patterns and tighter inventory. Still, over 300 Staten Island buyers went into contract in August—proof that serious buyers are still in the market.
Days on Market: Homes Selling Faster
July: 78 days
August: 60 days (down ~23%)
This is one of the most important shifts—homes are selling faster. Sellers who price right and market effectively are seeing offers sooner, often within two months or less.
Back on Market: A Red Flag for Buyers & Sellers
July: 94
August: 105 (up ~11.7%)
More homes came back on the market in August, often due to financing issues or inspection contingencies. Buyers: strengthen your offers. Sellers: be prepared with disclosures and solid contract terms.
Expired Listings: Fewer Homes Timed Out
July: 93
August: 66 (down ~29%)
Fewer expired listings mean more homes are successfully selling, not sitting on the market. This suggests sellers are aligning closer with current buyer expectations.
What This Means for You
Sellers: With fewer listings and faster days on market, now is a strong time to list. Serious buyers are out there, and competition among sellers is lower.
Buyers: Don’t wait too long—inventory is tightening, and homes are moving quicker. Getting pre-approved and working with a local Staten Island agent gives you an edge.
Overall: The Staten Island real estate market remains active, with steady demand and conditions favoring prepared sellers and decisive buyers.
Ready to Make Your Move?
Whether you’re buying or selling, the numbers only tell part of the story. Every neighborhood in Staten Island—from Great Kills to Eltingville, Westerleigh to New Springville—has its own market trends.
If you’d like a personalized analysis of your home’s value or want to explore current listings, I’m here to help.
👉 Visit https://joannimpellizine.com/home-valuation/ or reach out today for a tailored Staten Island real estate strategy.
