Port Washington Real Estate Market Extends Expansion in Price Cuts

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:

$1.4M   $2M   $2.8M  

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

Demographic facts for Port Washington:

  • The average age is 43 years old for the population in this area.
  • This area has a health cost index score of 112.0. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (22.4%), 15-29 min (21.8%), 30-44 min (19.5%), 45-59 min (9.6%), >60 min (26.6%).

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Heidi Spellman Realty Llc
Snapped 1 home in this area
TAB Realty LLC
Snapped 43 homes in this area
Laffey Real Estate
Snapped 2 homes in this area

Agents that specialize in this area
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