Sales in the Port Washington market ticked up to 26 homes sold over the last 30 days, while the number of sellers reducing their list prices reached 16, which continues an emerging upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices are coming down in Port Washington, and for this period the median sales price slid from $748,500 to $727,500. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Port Washington is a seller's market.
If you're trying to find a bargain, make sure you look into these homes in Port Washington with recent price reductions: