Coldwell Banker Global Luxury has named Staten Island among the top five markets in the nation for spacious, opulent and high-priced single-family homes. There’s proof of that designation in recent sales. This 10,400-square-foot home with four bedrooms and seven bathrooms on Nicolosi Loop in Annadale sold for $2.325 million in 2021. (Photo courtesy of SIBOR)
STATEN ISLAND, N.Y. – Think Staten Island real estate is overcrowded? Full of too many attached houses and a patchwork of average 40×100 properties? A new analysis conducted by Coldwell Banker Global Luxury is challenging that notion, naming the borough as one of the top five markets in the nation for spacious, opulent and high-priced single-family homes.
“The Opportunity Index, compiled from market data and research by Wealth-X commissioned by Coldwell Banker Global Luxury, highlights 120 major U.S. luxury property markets according to their ‘opportunity,’ or buying potential,” a representative from Coldwell Banker detailed about the report. “Staten Island was identified as a luxury standout, ranking among the highest in terms of inventory levels out of the 120 markets analyzed, maintaining a 20% increase in inventory levels from 2020.”
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