Syosset Real Estate Market Finds Price Cuts Low

The Syosset market is tightening.While sales came in at 28 homes sold over the last 30 days, price reductions are at their lowest number since April, with 17 reported this week. During the same time frame, Hicksville had the most of any other neighboring municipalities with 17 price reductions. However, a six-week downward trend in price reductions is expected to come to an end over the coming weeks. The median sales price rose to $749,444, up from last week's $738,888. There are only three months of inventory available in Syosset, and combined with shrinking price reductions numbers, it's a seller's market.

If you're looking for a home with plenty of bathrooms, then be sure to go see these listings with the most bathrooms in Syosset:

$1.7M   $4.2M   $3.9M  

Get started right now by checking out Syosset homes for sale or reviewing Syosset real estate trends.

Demographic facts for Syosset:

  • The average age is 42 years old for the population in this area.
  • This area has a health cost index score of 112.0. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (25.3%), 15-29 min (25.8%), 30-44 min (18.5%), 45-59 min (5.2%), >60 min (25.3%).

Data reported through 10/12/2016

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