The 11426 zip code market slowed this week but was still better than normal as sales fell 7.7% to 12 homes sold over the last 30 days. Meanwhile, the 11040 zip code reported 41 home sales, the highest number from all the surrounding zip codes. Prices fell lower as this week's reported median sales price of $512,250 continued a four-week downward trend. There are only three months of inventory available in the 11426 zip code, so it's still a seller's market, despite the falling prices.
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