The number of home sales in the Malverne market rose 66.7% to five homes over the last 30 days. Within the same time frame, Valley Stream had 30 sales, the most of all cities in the area. Potential buyers should note that prices are coming down in Malverne, and for this period the median sales price slid from $460,000 to $425,000. Malverne is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
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