SIBOR: Number of Staten Island properties in contract soars over 25 percent in first quarter

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 STATEN ISLAND, N.Y. — The number of Staten Island properties that went to contract in the first three months of this year jumped 25.5 percent as compared to the same period in 2009, according to that latest figures released by the Staten Island Board of Realtors (SIBOR).

“This bodes well for continued strong sales-numbers in the near future,” said Sandy Krueger, SIBOR CEO.

The first quarter of 2010 also showed a 15.8 percent increase in sales and a 12.2 percent decrease in available inventories. This was associated with a 4.9 percent increase in the median selling price and a 6.2 percent decrease in the marketing time.

Statewide, Realtors experienced a rise in first-quarter sales of 17.7 percent.