New Streak in Price Cuts for Garden City Real Estate Market

The number of price cuts in the Garden City market climbed to 22 over the last 30 days, furthering a new positive trend. Despite drops in list prices, sales also decreased to 30 homes sold. 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 went up in Garden City, with the median for this period rising from $782,500 to $787,000. There are only three months of inventory available in Garden City, so it's a seller's market, even with the decrease in sales.

These listings in Garden City recently reduced their price, so be sure to check them out for a potentially great deal:

$5M   $2.7M   $2.2M  

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

Demographic facts about Garden City:

  • This area has a rating of 44 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 598.8 for every 100,000 people.
  • The area's health cost index score is 112.0. (100 = national average)
  • 63.5% of the residents commute to work alone in their car, 3.5% via carpool, and 22.1% by way of public transit.

Data reported through 10/19/2016

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Ask a local expert about this area:
Nassau County Assessment Revie
Snapped 1 home in this area
La Palma R.E. Investment
Snapped 1 home in this area
Laffey Real Estate
Snapped 1 home in this area

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