Muttontown Real Estate Market Continues Strong Trend in Contracts

The Muttontown market took a breather this week as sales dropped to three homes sold over the last 30 days. However, the number of homes under contract shows an emerging upward trend, and is now at seven. While contracts were solid, months of inventory hit 20, extending an upward trend to four weeks. Along with the slip in sales, the higher-than-normal inventory indicates that Muttontown is a solid buyer's market.

With these listings in Muttontown recently dropping in price, this may be the last time to see them before they come off the market:

$3.6M   $3.3M   $4M  

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

Demographic facts about Muttontown:

  • This area has a median house value of $1,271,200.
  • Average number of rainy days is 116 per year. (U.S. average: 100)
  • The area's unemployment rate is 6.4%.
  • There are 13.1 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016

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