An eight-week downturn in sales was extended when the 11940 zip code market saw two more homes change hands over the last 30 days. With that, price reductions have increased significantly as well, reaching their highest level since July at 14. In comparison, the 11967 zip code had 58 price reductions in the same time frame, the most of all nearby zip codes. The median sales price dropped to $318,000, down from last week's $340,000. With decreasing sales and the availability of 31 months of inventory, the 11940 zip code is a definite buyer's market.
Price reductions for these listings in the 11940 zip code make it a perfect time to take a look:
Get started right now by checking out 11940 homes for sale or reviewing 11940 real estate trends.