There were six homes sold in the 11786 zip code market over the last 30 days, prolonging a three-week trend. With a record nine contracts executed, the highest amount since July, that trend may be in for a turnaround. In comparison, 11727 led all other nearby zip codes with 38 contracts executed. Furthermore, a three-week downward trend in sales is expected to continue over the coming weeks. Prices are falling in the 11786 zip code, and this period the median price of all sales fell from $443,000 to $378,000. Even with the rising sales, with seven months of inventory available, the 11786 zip code is a still strong buyer's market.
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