A five-week negative trend in the number of homes sold was extended this week after the 11797 zip code market had eight transactions over the last 30 days. With nine price reductions, the lowest amount since April, the market may be shedding discounts. During the same time frame, 11743 had the most of any other neighboring zip codes with 82 price reductions. The median sales price dropped to $837,500 over the latest reporting period for the 11797 zip code, down from $850,000. Despite the uptick in sales, there are still eight months of inventory left to work through, meaning the 11797 zip code is still a definite buyer's market.
If you're looking for a large number of bathrooms, take a look at these three homes in the 11797 zip code that offer the most of all available listings:
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