With a determined downward trend of new sellers listing homes, including 16 over the last 30 days, and sales that fell to 24 in that same time frame, the 11729 zip code market will be cooling off. All indications show that the trend should continue, meaning less new listings over the next few weeks. The median sales price climbed to $345,000 over the latest reporting period for the 11729 zip code, up from $342,500. Despite the slip in sales, a relatively low three months of inventory indicates that the 11729 zip code is a seller's market.
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