Woodbury Real Estate Market Hits Price Cuts Low Point

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:

$1.9M   $1.2M   $975K  

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

Demographic facts for Woodbury:

  • There are 3.9% vacant homes.
  • Average number of sunny days is 169 per year. (U.S. average: 205)
  • There are 465 students for every librarian. (803 = national average)

Data reported through 10/12/2016


Ask a local expert about this area:
Majestic Homes & Estates Llc
Snapped 11 homes in this area
Douglas Elliman Real Estate
Snapped 3 homes in this area
Laffey Fine Homes Of Woodbury
Snapped 1 home in this area

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