11417 Zip Code Real Estate Market Continues Upward Trend in Price Cuts

The 11417 zip code market saw sales remain steady this week at seven homes sold over the last 30 days, but this could change due to a solid upward trend in price reductions, with 10 reported in the same time frame. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. As the number of sellers reducing price trended higher, months of inventory continued to fall, trending downwards for four weeks to reach seven months. The 11417 zip code is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.

Looking to get the most out of your money? Check out these bargain listings in the 11417 zip code that recently had price cuts:

$279K   $749K   $599K  

Get started right now by checking out 11417 homes for sale or reviewing 11417 real estate trends.

Demographic facts about the 11417 zip code:

  • The rating for this area for population growth is 46. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $7.16/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (11.7%), 15-29 min (17.0%), 30-44 min (23.2%), 45-59 min (15.9%), >60 min (32.2%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Exit Realty Central
Snapped 2 homes in this area
Exit All Seasons Realty
Snapped 3 homes in this area
Exit Realty First Choice
Snapped 1 home in this area

Agents that specialize in this area
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