The Riverhead market slowed with an 18.2% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 11.2 monthly average with nine homes sold. In comparison, nearby Manorville had 16 sales in the same time frame, the most of all neighboring cities. Pricing in Riverhead remains consistent from last week to this week, with the median sales price at $250,000 again. With decreasing sales and the availability of 10 months of inventory, Riverhead is a definite buyer's market.
If a home with lots of bedrooms is what you want, then be sure to take a look at these listings in Riverhead:
Get started right now by checking out Riverhead homes for sale or reviewing Riverhead real estate trends.