This week in the Piney Point Village market, sales rose to six homes sold over the last 30 days, which might be due in part to a recent upward trend in price reductions, with eight being reported in the same time frame. With the trend projected to continue over the next few weeks, price reductions are expected to rise even further. The median sales price dropped to $2,431,250, down from last week's $2,462,500. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning Piney Point Village is still a definite buyer's market.
Looking to get the most out of your money? Check out these bargain listings in Piney Point Village that recently had price cuts: