Home Sales Decline in 11955 Zip Code Real Estate Market

The 11955 zip code market slowed with a 50.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 2.0 monthly average with one home sold. On the other hand, the close-by 11961 zip code registered 32 homes sold in the same period, the most of all surrounding zip codes. Potential buyers should note that prices are coming down in the 11955 zip code, and for this period the median sales price slid from $652,500 to $380,000. The 11955 zip code is a definite buyer's market, due to a big 30 months of inventory left and aided by the dip in sales.

Make sure you take a look at these eye-catching homes in the 11955 zip code that generated the most views from potential buyers:

$179K   $439K   $499K  

Get started right now by checking out 11955 homes for sale or reviewing 11955 real estate trends.

Demographic facts for the 11955 zip code:

  • The population growth rating is 51. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 287.2 physicians.
  • This area has a health cost index score of 111.2. (100 = national average)
  • 81.5% of the residents commute to work alone in their car, 8.2% via carpool, and 2.3% by way of public transit.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Douglas Elliman Real Estate
Snapped 2 homes in this area

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