What’s the Truth About September Price Cut Pulse? Staten Island Homes with Reductions

Over the last 30 days, 182 single family homes on Staten Island saw a price reduction. The median adjustment was 3.8% - modest, but enough to help reposition homes in front of buyers.

The largest single cut came from 1000 Clove Rd, which dropped from $325,000 down to $234,900, a 27.7% reduction.

Several other homes trimmed more than 15%, including addresses on Louis St, Tennyson Dr, and Greenleaf Ave. The fact that some sellers are making larger moves shows both motivation to sell and a recalibration of expectations.

For buyers, this is a signal that negotiation opportunities exist, especially with homes that have already been on the market. For sellers, it’s a reminder that pricing properly at the start avoids the need for deep cuts later.

Top 10 Price Cuts This Month

1. 1000 Clove Rd Lo - $325,000 → $234,900 (-27.7%)

2. 87 Louis St - $775,000 → $575,000 (-25.8%)

3. 1000 Clove Rd 4e - $210,000 → $165,000 (-21.4%)

4. 292 Tennyson Dr - $780,000 → $615,000 (-21.2%)

5. 61 Greenleaf Ave - $799,000 → $629,999 (-21.2%)

6. 51 Cromwell Cir - $2,599,000 → $2,095,000 (-19.4%)

7. 634 Darlington Ave - $1,399,900 → $1,135,888 (-18.9%)

8. 5 Haywood St - $2,199,000 → $1,800,000 (-18.1%)

9. 164 Burbank Ave - $1,088,000 → $899,000 (-17.4%)

10. 110 Kissel Ave - $1,199,999 → $999,000 (-16.7%)

TLDR

• 182 price cuts this month

• Median drop 3.8%

• Largest cut: 1000 Clove Rd, -27.7%

• Top 10 cuts span -16% to -28%

-
Joseph Ranola | Five-Star Staten Island & South Brooklyn Realtor® (87+ Google reviews)
Associate Broker · Real Broker LLC | Founder · Bridge and Boro Team
Serving 103xx and 11209 / 11214 / 11228 | $40M+ closed volume
📞 917-905-2541 | RanolaRealEstate.com