A five-week negative trend in the number of homes sold was extended this week after the Woodbury market had eight transactions over the last 30 days. With nine price reductions, the lowest amount since April, the market may be finding a price bottom. When comparing other close-by municipalities within the same period, the most came from Hicksville with 17 price reductions. The median sales price dropped to $837,500 over the latest reporting period for Woodbury, down from $850,000. Woodbury is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
If a home with lots of bedrooms is what you want, then be sure to take a look at these listings in Woodbury:
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