The Cutchogue market pulled back with a 20.0% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 4.5 monthly average with four homes sold. Meanwhile, close-by Southold reported 16 homes sales, the highest number from all the surrounding cities. Prices fell lower as this week's reported median sales price of $370,500 continued a four-week downward trend. With prices falling, the availability of 10 months of inventory means that Cutchogue is a definite buyer's market.
Trying to find an affordable a home? Take a look at these low-priced listings in Cutchogue:
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