Penelope Moore
Licensed Associate Real Estate Broker
(631) 749-5801
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Thanksgiving 2019 on Shelter Island

November 29, 2019 by pmoore Leave a Comment

As autumn on Shelter Island settles into the early winter, with red and orange hues followed by freezing cold snaps and then brilliant sunny days with photogenic dusk, the real estate season continues with the warmth that was experienced in the summertime. Sellers often wonder if they should pull their listings once beach days have come to a close, however buyers do not necessarily follow a Continue Reading

Columbus Day 2019 on Shelter Island

November 29, 2019 by pmoore Leave a Comment

For the most part, one would not suppose that summer has passed and autumn has arrived with all of the glorious days we have had since Labor Day, however the miles of traffic from enthusiastic pumpkin pickers on both the North and South Forks tell otherwise. On Shelter Island, the real estate traffic has been as enthusiastic and brisk. In contrast to the summer market where real estate Continue Reading

Labor Day 2019

August 29, 2019 by pmoore Leave a Comment

August 29th Market Report by Penelope Moore To see the text below as a PDF click here With Labor Day weekend right around the corner, many people are asking how the summer flew by so quickly. Most of the traditional summertime events have come and gone: the 10K Race, the Fireworks, the Vintage Car Show, the Crafts Fair, the Chicken Barbecue. With the Snapper Derby this weekend, summer's Continue Reading

Shelter Island Market Report August 1st

August 1, 2019 by pmoore Leave a Comment

Summer Transitions in Real Estate To see the text below as a PDF click here The days toward the end of July and in the beginning of August represent a transition during the summertime when July rentals end and tenants vacate, houses are inspected cleaned and prepped for incoming August tenants and sellers evaluate how the home sales are progressing. During the same time frame in 2018, Continue Reading

Independence Day 2019 – Sales Are Up

July 10, 2019 by pmoore Leave a Comment

A few days ago, I looked at the calendar and realized that the 4th of July was coming up quickly. The weather has been undependable; May had eighteen rainy days and many days that did not have rain, were overcast or windy. After a couple of sunny days, the foliage then seemed to burst through with full-canopied trees and colorful flowers all around, but only the fittest survived the constant rain; Continue Reading

Memorial Day 2019 Real Estate Market Report

May 23, 2019 by pmoore Leave a Comment

With Memorial Day weekend starting tomorrow, Shelter Island is swinging into full summer mode. Restaurants, cafes, ice cream parlors and shops are open, and boats and pools are being commissioned for use. Alongside summer businesses are real estate agents, many of whom have been in full summer mode, at least mentally, all winter long. This week has been a time to sharpen up details of existing Continue Reading

President’s Day 2019 Market Report – A Summary of 2018 Sales

February 13, 2019 by pmoore Leave a Comment

In 2018, in the category of homes and business properties, there were 44 transfers in 2018 for a total of 51,463,460 with a median price of $995k. Homes with the following characteristics sold at the strongest prices with least time on the market: staged, renovated to current buyer tastes (country-modern), cleared of seller's personal possessions, priced to comparable properties sold within the Continue Reading

Leases and Certificates of Occupancy

December 3, 2018 by pmoore Leave a Comment

“Landlord Represents that there is a currently valid certificate of occupancy for the Premises” So reads the new section 235-bb of the New York State Real Property Law, which effective November 29, 2017 affects all New York residential properties of 1-3 units. The statute requires that a valid certificate of occupancy, or certificate of compliance if there are grandfathered elements to the Continue Reading

Shelter Island Market Report Labor Day 2018

September 3, 2018 by pmoore Leave a Comment

As the summer 2018 season approaches Labor Day weekend, customers, clients and real estate agents review trends in the real estate market over the prior five months, which are considered the spring and summer selling season. The last two weeks of August through Labor Day are a popular vacation time; clients selling their properties are aiming to receive an offer and agreement; goal oriented Continue Reading

Shelter Island Market Report Aug 16, 2018

August 16, 2018 by pmoore Leave a Comment

Distressed Properties Whenever a "Pre-Foreclosure" property appears online, customers call to ask how quickly they can purchase it - Very often the dollar value shown is what the bank is owed, and not a listing price. A few years ago, a pre-foreclosure property on Further Lane was online for $2M and a customer contacted me, breathless, saying they wanted to buy it right away. Continue Reading

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Penelope Moore

Since 1998, Penelope has been the driving force and leader in the Shelter Island real estate market, and is the go-to real estate broker for discerning buyers and sellers. She has experienced record-breaking sales in multiple categories over successive years, and her success has been distinguished not just by benchmark sales, but by volume in all categories.

Meet Penelope

Penelope Moore, Licensed Associate Real Estate Broker

9 Grand Avenue, PO Box 100
Shelter Island Heights, NY 11965-0100

(631) 749-5801
(917) 208-5519 Mobile

Contact Penelope

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