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: