Remsenburg-Speonk Real Estate Market Continues Expansion in Price Cuts

The number of sellers reducing prices in the Remsenburg-Speonk market trended up to 15 over the last 30 days, extending a three-week streak. During the same period, two sales were completed. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. The median sales price dropped to $358,500, down from last week's $500,000. Along with the slip in sales, a relatively high 31 months of inventory indicates that Remsenburg-Speonk is a definite buyer's market.

Looking to get the most out of your money? Check out these bargain listings in Remsenburg-Speonk that recently had price cuts:

$2.6M   $1.6M   $2.2M  

Get started right now by checking out Remsenburg-Speonk homes for sale or reviewing Remsenburg-Speonk real estate trends.

Demographic facts for Remsenburg-Speonk:

  • The population has increased 6.3% over the past decade.
  • The safety rating in this area is 82. (Scale: 1 = Worst, 100 = Best)
  • People in this area have an average commute to work of 31 minutes.

Data reported through 10/12/2016

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Hamptons Real Estate.Com Inc
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American Way Real Estate Inc
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